“NEW YORK (Reuters) – Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, as rival Dell Inc bowed out on Thursday. ” HP wins 3PAR for $2.4 billion as Dell drops out”NEW YORK (Reuters) – Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc [...]
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“NEW YORK (Reuters) – Billionaire investor Ron Burkle plans to appeal a Delaware court ruling that upheld an anti-takeover “poison pill” put in place by bookseller Barnes & Noble Inc . ” UPDATE 2-Burkle to appeal Barnes & Noble poison pill ruling”* Yucaipa says matter should go to Delaware Supreme Court ” more: UPDATE 2-Burkle [...]
“TORONTO/HONG KONG (Reuters) – Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada’s Potash Corp to rival BHP Billiton’s $39 billion hostile offer. ” Canada fund approached by China investors on Potash”TORONTO/HONG KONG (Reuters) – Chinese and other investors have approached at least one big Canadian [...]
“NEW YORK/BANGALORE (Reuters) – Car rental company Avis Budget Group Inc raised its bid for Dollar Thrifty Automotive Group 3 percent to $1.36 billion, as it looks to wrest the company from rival Hertz Global Holdings. ” UPDATE 4-Avis raises offer for Dollar Thrifty”* Dollar Thrifty shares up 1.2 pct (Adds analyst quote, updates share [...]
“BANGALORE (Reuters) – A $15 billion private equity bid for payments processor Fidelity National Information may have come unstuck in May, but it did enough to whet the appetite for other potential deals in a financial technology industry slowly emerging from its worst-ever crisis. ” DEALTALK-Time to put money into the ATM?”BANGALORE, Sept 2 (Reuters) [...]
“HONG KONG (Reuters) – American International Group Inc filed an application with the Hong Kong Stock Exchange to list its Asian life insurance unit, AIA Group Ltd, a source familiar with the matter told Reuters on Thursday. ” UPDATE 1-AIG files application to list AIA -source”* A1 filing with Hong Kong exchange brings IPO step [...]
“WILMINGTON, Delaware (Reuters) – Ailing movie rental chain Blockbuster Inc said on Thursday it missed another interest payment on its bonds, this time to holders of the company’s junior notes. ” Icahn bets on NRG and Anadarko, dumps Blockbuster”NEW YORK (Reuters) – Billionaire activist investor Carl Icahn on Monday said he has added energy companies [...]
“NEW YORK (Reuters) – The private equity backers of oil firm Kosmos Energy are considering taking it public in either the U.K. or U.S., which could value the company at around $5 billion, the Financial Times reported on Thursday. ” Kosmos could be valued at $5 bln if goes public-FT”NEW YORK, Sept 2 (Reuters) – [...]
“NEW YORK (Reuters) – Drugmaker Abbott Laboratories has decided against the sale of its European flu-vaccine business after initial bids came in below its expectations, a company spokeswoman confirmed. ” Abbott ends auction of vaccines business-company”NEW YORK, Sept 2 (Reuters) – Drugmaker Abbott Laboratories has decided against the sale of its European flu-vaccine business after [...]
“NEW YORK (Reuters) – Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures. ” Stocks rise on economic data”NEW YORK (Reuters) – U.S. stocks rose in thin trade on Wednesday as retailers’ earnings and a report showing a [...]