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Posts related to ‘Mergers and Buy Outs’

China

China OKs Glencore-Xstrata Merger

Posted: April 17, 2013 at 7:45 am

Swiss-based commodities trading house and mining company Glencore International announced last night that it has received approval from China’s Ministry of Commerce for its merger with Xstrata. The Chinese government ...
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Dell HQ

Dell, Icahn Strike a Deal

Posted: April 16, 2013 at 10:45 am

You can’t always get what you want, but if you try, you might get what you need. That seems to be the outcome of the deal announced today between Dell ...
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Sprint USB device

Does It Matter Who Owns Sprint?

Posted: April 15, 2013 at 2:18 pm

Now that Dish Network Corp. (NASDAQ: DISH) has made a better offer for Sprint Nextel Corp. (NYSE: S) than the one on the table from Japan’s Softbank, we might pause ...
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Cell Tower detail

Verizon Muddies the Sprint Deal Even More

Posted: April 15, 2013 at 11:55 am

The announcement this morning of a $25.5 billion offer from Dish Network Corp. (NASDAQ: DISH) for Sprint Nextel Corp. (NYSE: S) has pushed Sprint stock up by double digits. Part ...
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health care

Thermo Fisher to Acquire Life Technologies

Posted: April 15, 2013 at 9:15 am

The world’s second largest maker of laboratory equipment, Thermo Fisher Scientific Inc. (NYSE: TMO) has agree to acquire competitor Life Technologies Corp. (NASDAQ: LIFE) for $13.6 billion in cash ($76 ...
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Airplane, dusk

No $20 Million Severance Deal for AMR CEO — Yet

Posted: April 12, 2013 at 1:51 pm

The CEO of AMR Corp., parent company of bankrupt American Airlines, won’t be getting a $20 million severance package from the company. A bankruptcy court judge in New York rejected ...
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coffee

Is German Firm Looking to Challenge Starbucks?

Posted: April 12, 2013 at 8:35 am

With the purchase of its third coffee company in less than a year, German consumer products firm Joh. A. Benckiser (JAB) is spending real money to get its arms around ...
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Cell Tower detail

T-Mobile Adjusts Offer for MetroPCS, Soothes Reluctant Shareholders

Posted: April 11, 2013 at 2:38 pm

Shareholders of MetroPCS Communications Inc. (NYSE: PCS) received a better offer from T-Mobile USA and its Germany-based parent Deutsche Telekom AG last night, and two of Metro’s largest shareholders have ...
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Dell logo

Dell Deal in Danger as PC Sales Fall

Posted: April 11, 2013 at 6:29 am

A drop in first-quarter PC sales reported by research firm IDC was blamed, to some extent, on the public's rejection of Microsoft Corp.'s (NASDAQ: MSFT) Windows 8. The rise of ...
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Cell Tower detail

Sweetened Offer in the Works for MetroPCS?

Posted: April 10, 2013 at 1:49 pm

Ahead of the shareholders meeting schedule for this Friday, MetroPCS Communications Inc. (NYSE: PCS) may be getting an improved offer from Deutsche Telekom AG for the proposed merger with DT’s ...
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JC Penney - shops

A J.C. Penney Buyout by Sears?

Posted: April 10, 2013 at 6:55 am

The talk about the future of J.C. Penney Co. Inc. (NYSE: JCP) has turned to the chances of a sale. The first possible reason is the value of the firm's ...
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Drilling rig

GE Gets Bolt-On Deal in Oil and Gas with Lufkin Industries Acquisition

Posted: April 8, 2013 at 7:20 am

General Electric Co. (NYSE: GE) is sticking with its plan of making acquisitions, but on the bolt-on and opportunistic side of the equation rather than on the aggressive mega-merger side ...
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Verizon wireless logo

Verizon Says No Deal for Vodafone

Posted: April 3, 2013 at 7:50 am

Shares of Vodafone Group PLC (NASDAQ: VOD) are down more than 3% this morning following a denial from Verizon Communications Inc. (NYSE: VZ) that it and AT&T Inc. (NYSE: T) ...
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Verizon wireless logo

More Talk of Verizon Bid for Vodafone

Posted: April 2, 2013 at 9:25 am

A tie-up between Verizon Communications Inc. (NYSE: VZ) and Vodafone PLC (NASDAQ: VOD) is once more making news. A report today at the Financial Times’ Alphaville blog cites “usually reliable ...
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108680884

Glencore, Xstrata Again Delay Merger — China Gets the Blame

Posted: April 2, 2013 at 8:00 am

The closing of the merger between Glencore International and Xstrata has been pushed out to May 2, according to a statement this morning from Glencore. In early March the company ...
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