Quantcast

Posts related to ‘Mergers and Buy Outs’

What Could Buffett Buy For $22 Billion? Canadian Pacific

Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK-A), during the firm's annual meeting, claimed that he looked at a huge buyout recently, which would have cost $22 billion. Buffett says he did not make ...
Read Full Story »

SIRIUS Wins Round Of Retaining Control (SIRI, LMCA)

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has been at the center of a process that would have fallen under the 'de facto control' pursuit by Liberty Media Corporation (NASDAQ: LMCA).  The ...
Read Full Story »

Micron Wins Bidding for Bankrupt Japanese Chipmaker (MU, INTC)

Citing a report on Japan’s NHK broadcasting system, Reuters reports this morning that DRAM maker Micron Technology Inc. (NASDAQ: MU) has topped the bidding for bankrupt Japanese chipmaker Elpida Memory. ...
Read Full Story »

Estée Lauder Falls on Lowered Guidance, Avon Up on Reports of Another Bidder (EL, AVP)

Cosmetics maker The Estée Lauder Companies Inc. (NYSE: EL) reported results for its third fiscal quarter this morning that met expectations, but shares are getting knocked on lowered fourth quarter ...
Read Full Story »

What ‘The Scream’ Record Sale Means For Art & Collectibles (BID, AMZN, EBAY)

Sotheby's (NYSE: BID) is almost magically trading lower this morning on a sell-the-news reaction after the auction house (and oldest listed company on the NYSE) posted a record auction price of ...
Read Full Story »

Jana Already Taking Big Profits in Barnes & Noble (BKS, MSFT, LMCA)

Barnes & Noble Inc. (NYSE: BKS) may be back in favor after the huge $600 million or so investment from Microsoft Corporation (NASDAQ: MSFT).  Jana Partners disclosed in April that ...
Read Full Story »

Another Medical Company Goes To Europe… Kensey Nash Buyout At All-Time High (KNSY)

Kensey Nash Corporation (NASDAQ: KNSY) is well-known for its regenerative tissue materials, but it is soon going to be known under a new name or at least with a new owner ...
Read Full Story »

What About That Nokia Merger with RIM?

A merger between Nokia (NYSE: NOK) and Research In Motion (NASDAQ: RIMM) will never happen. RIM's BlackBerry runs its own operating system. Nokia has an alliance with Microsoft (NASDAQ: MSFT) to run ...
Read Full Story »

Is Buyout of Pep Boys Going Bad? (PBY, AZO, ORLY)

On April 26th, Gores Group LLC asked Pep Boys - Manny, Moe & Jack (NYSE: PBY) to delay a special shareholders meeting by 30 days in order to give the ...
Read Full Story »

P.F. Chang’s Going Private (PFCB, CHUX, JAX, CMG)

Asian food eatery P.F. Chang’s China Bistro Inc. (NASDAQ: PFCB) this morning announced that it is being taken private in a deal worth $1.1 billion. The buyer is private equity ...
Read Full Story »

Does Delta Make Sense as an Oil Refiner?

A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC ...
Read Full Story »

Can Microsoft Save Cursed Barnes & Noble? No

Microsoft’s (NASDAQ: MSFT) decision to invest in the e-commerce arm of Barnes & Noble (NYSE: BKS) will do nearly nothing for the bricks-and-mortar book company. The challenge the two companies ...
Read Full Story »

Coke Ready to Swallow a Monster? (KO, MNST, PEP, DPS)

When the largest soft-drink company in the US can’t make a competitive product in a growing market, it looks around for a company it can buy. It appears that the ...
Read Full Story »

ETP Acquires Sunoco for $5.3 Billion (ETP, SUN, ETE, SXL)

Energy Transfer Partners L.P. (NYSE: ETP) announced this morning that it will acquire Sunoco Inc. (NYSE: SUN) in a cash and common unit deal worth $5.3 billion. The transaction gives ...
Read Full Story »

One Big Disbelief of an Amylin Buyout… Worth Only $12 Per Share? (AMLN, BMY, MRK, AZN, SNY, PFE, NVO)

Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) is supposed to be acquired by a larger drug company.  It is one of the biggest public merger rumors out there. At least that is the belief ...
Read Full Story »