The New York - based company was facing liquidation early last week after a U.S. bankruptcy court ruled that private equity firm and Aeropostale creditor Sycamore Partners could use $ 150 million that the retailer owed it to
bid for the company at auction.
Not exact matches
The buzz grew louder when the two
companies seemed to avoid
bidding against each other
for distribution rights
at the Cannes festival.
Imperial Tobacco (up 8.70 %) Imperial said today it had made a cash
bid approach
for Altadis
at 45 euros a share, valuing the firm
at 11.53 billion euros ($ 15 billion), and sending both
companies» shares soaring.
Broadcom's
bid for Qualcomm is a «brilliant move» that will make the
company a lot more profitable, says Edward Snyder, analyst
at Charter Equity Research.
The combination should be «immediately accretive to earnings per share,» said the statement, noting the
bid for Moy Park values the entire
company at $ 1.3 billion.
Maus Haus was still a very small entity
at the time, and we had just «won» a competitive
bidding process to develop a website
for a very big
company.
Metcash recently increased its
bid for Foodland, valuing the WA - based
company at more than $ 1 billion.
This is 10 % higher than the
bid of rival Xstrata, which had proposed to buy LionOre
at C$ 25 ($ 23) a share, equal to C$ 6.2 billion ($ 5.7 billion)
for the whole
company.
The deal puts the defense tech
company in a strong position as it
bids for the right to upgrade the U.S.'s ground - based arsenal of Minuteman III nuclear - armed missiles, a procurement program with a value estimated
at over $ 60 billion over its expected lifetime.
In 2012, I wrote about a study that looked
at the winners of
bidding wars
for contested acquisitions, and found they generally do worse over the next few years that the
companies that lost.
(Reuters)- Spanish office buildings owner Inmobiliaria Colonial (COL.MC) said on Monday it has launched a takeover
bid for Axiare Patrimonio (AXIA.MC), valuing the rival
company at 1.46 billion euros ($ 1.70 billion).
The Japanese
company bid at a premium to Axalta's closing share price on Nov. 20 of $ 33.54, one of the unnamed sources told Reuters, adding that it was credible enough
for Axalta to end negotiations with Akzo Nobel.
The battle began
at the end of May, when NetApp
bid $ 25 a share
for the
company, using a mix of stock and cash
for a $ 1.5 billion offer.
Milestones India The Reserve Bank of India's recent
bid to offer licenses
for setting up small finance and payment banks has elicited an overwhelming response, with
at least 113
companies entering the fray.
But selling to a tech
company like Amazon would allow CBS to more effectively compete with other networks by
bidding higher
for sports rights — the only content that still keeps mass audiences tied to TV sets — while
at the same time getting ahead of TV's inevitable shift to online distribution.
Game of thrones: Turner Networks CEO John Martin, speaking
at the anti-trust trial on
AT&T's
bid to buy Time Warner, argued that the
companies need the merger to compete against Google and Facebook
for ad dollars.
It's possible that if the
company gets too undervalued, a buyer might make a
bid for the
company and attempt to take it over, sometimes
at a price lower than your original purchase price per share.
The
bid for Kuka, a high - tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands
at a time when China protects its own
companies against foreign takeovers.
HOOPP was an initial private equity investor
at Teranet's founding, remained the largest shareholder when the
company was taken public on the TSX, and eventually sold its stake into a $ 2.0 billion take - over bid in 2008; and Ducati Motorcycle Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012 for US$ 1.1 b
company was taken public on the TSX, and eventually sold its stake into a $ 2.0 billion take - over
bid in 2008; and Ducati Motorcycle
Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012 for US$ 1.1 b
Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012
for US$ 1.1 billion.
HOOPP was an initial private equity investor
at Teranet's founding, remained the largest shareholder when the
company was taken public on the TSX, and eventually sold its stake into a $ 2.0 billion take - over bid in 2008; Ducati Motorcycle Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012 for US$ 1.1 billion; and Novadaq Technologies Inc., a medical devices company in which HOOPP was the largest private investor, with such company completing an initial public offering on the TSX in 2005 and which continues today with a market capitalization in excess of $ 730 m
company was taken public on the TSX, and eventually sold its stake into a $ 2.0 billion take - over
bid in 2008; Ducati Motorcycle
Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012 for US$ 1.1 billion; and Novadaq Technologies Inc., a medical devices company in which HOOPP was the largest private investor, with such company completing an initial public offering on the TSX in 2005 and which continues today with a market capitalization in excess of $ 730 m
Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012
for US$ 1.1 billion; and Novadaq Technologies Inc., a medical devices
company in which HOOPP was the largest private investor, with such company completing an initial public offering on the TSX in 2005 and which continues today with a market capitalization in excess of $ 730 m
company in which HOOPP was the largest private investor, with such
company completing an initial public offering on the TSX in 2005 and which continues today with a market capitalization in excess of $ 730 m
company completing an initial public offering on the TSX in 2005 and which continues today with a market capitalization in excess of $ 730 million.
In the latest attempt
at this type of expansion, the
company reportedly presented a
bid of $ 600 million
for a five - year deal to stream Indian cricket games, Recode reported.
United States private equity firms Kohlberg Kravis Roberts and junior partner Rhone Capital made an increased buyout
bid for Treasury a week ago, valuing the
company at $ 3.4 billion.
Also,
companies that achieve more of a male - female balance among their executives and
at lower levels will receive favorable treatment when they
bid for government contracts.
Cuomo says the state has selected three upstate
companies to enter
bids for the contract to design and build a new exposition building
at the fairgrounds outside Syracuse.
But City Comptroller Scott Stringer, in a review of both city and state laws, found that government agencies themselves —
at both levels — are not prohibited from discriminating in their choice of
companies bidding on providing services
for government, even though the contractors selected are barred from discriminating as employers.
Company founder and former CEO Louis P. Ciminelli is under federal indictment, along with two of his executives,
for alleged
bid - rigging and bribery in a public corruption case that stemmed from the state's Buffalo Billion project
at RiverBend.
Heather Groll
at the New York State Office of General Services said Total Wrecking & Environmental solicited
bids from three implosion
companies for the grandstand.
According to the indictment, Skelos supposedly persuaded a New York real - estate executive to pay commissions to Adam, helped Adam get a consulting job
for which he was unqualified
at an environmental firm, used his office to help the firm get a multimillion - dollar government contract, and leaned on the pollution - control
company to pay his son more or risk losing Skelos's support
for the contract
bid.
Persol Systems and nine other
companies bid for the contract
at the sum of GHC 17 million in 2011.
According to him, the projects being
bidded for included physical structure of two tomato
companies at Jigawa and Yobe states, supply of fabrication (factory equipment) and construction of green house
at Jigawa State.
Hudson
Companies was awarded the contract meritoriously as its
bid provided the best overall package
for the library and the community
at large, including the most affordable housing.»
But even if not that, give
at least a fair chance where everybody can come in and
bid but you rather do sole sourcing and go
for TSL, a Nigerian
company.
A New York State judge has thrown out the convictions of two former executives
at the Marsh & McLennan
Companies for their roles in an insurance
bid - rigging scheme that led to an $ 850 million settlement with the state.
Priceline patented its idea
for a «reverse auction» in which customers submit
bids on things such as airline tickets and cars, while the
company decides whether it will sell
at that price.
Digging the tunnels
for the accelerator, which will be located just a few meters below ground, will take longer because it will require identifying suitable
companies to carry out the work through a
bidding process
at the European level.
The general designer
at Kamov, Sergei Mikheyev, said
at the show that he had received several proposals from British aerospace
companies to submit a joint
bid for the contract.
Iran has named 29
companies from more than a dozen countries as being allowed to
bid for oil and gas projects using the new, less restrictive Iran Radiocarbon dating lab Beta Analytic, based in Miami, Florida, provides fast AMS dating results
at 3 - 14 business days.
At least one bidding record fell at this year's Sundance Film Festival, where studios and streaming companies like Netflix and Amazon compete for the right to release some of the best independent films of the yea
At least one
bidding record fell
at this year's Sundance Film Festival, where studios and streaming companies like Netflix and Amazon compete for the right to release some of the best independent films of the yea
at this year's Sundance Film Festival, where studios and streaming
companies like Netflix and Amazon compete
for the right to release some of the best independent films of the year.
He supervised the production of films including George Clooney's 2005 Best Picture nominee Good Night, and Good Luck; the critically acclaimed family film and 2006 NAACP Image Award nominee Akeelah and the Bee, starring Laurence Fishburne and Angela Bassett; dark thriller Turistas,
for which domestic rights were sold to Fox Atomic in a pre-emptive
bid within hours of the film's first screening; James Gray's crime thriller We Own the Night, starring Joaquin Phoenix, Mark Wahlberg, Robert Duvall and Eva Mendes, which ranked as the largest - ever domestic sale
at Cannes; and The Road, an adaptation of Cormac McCarthy's Pulitzer Prize - winning novel starring Viggo Mortensen, Charlize Theron and Robert Duvall, which pre-sold to The Weinstein
Company in a multi-party
bidding war.
Just two months after Calhoun County issued its request
for new
bids, the same
companies, faced
for the first time with potential competition, presented Calhoun County with a new offer: 1 gigabit - per - second fiber connections,
at a monthly cost of $ 600 per school.
Collective bargaining would be outlawed
at Commissioner's Network» Schools and the organizations or
companies running the schools would not have to abide by the state laws limiting the use of consultants or requiring things like competitive
bidding for purchases.
In the
companies»
bids to become energy self - sufficient, the auto industry is looking
at both renewable and conventional sources
for power.
Geely's
bid for Volvo is estimated to be in the neighborhood of $ 2 billion, significantly less than what Ford paid
for the
company back in 1999 (that transaction was valued
at $ 6.45 billion).
Also, industry sources said that multinational
companies have withdrawn from
bidding as they will be unable to comply with Preferential Market Access rules incorporated in the tender, whereby tablets
for supply to central government should have
at least 30 per cent of components made in India.
Around the same time in the US B&N revealed plans to spin off its Nook business from its other retail businesses in a
bid to increase shareholder value after the
company continued to suffer rapid falls in demand
for Nook hardware and content
at the expense of its tablet and e-reader rivals Amazon, Apple and Google.
For example, if a
company offers a new issue
at $ 30 per share, and the price of the old shares falls below $ 30, the managing underwriter may enter a stabilizing
bid at $ 30 or slightly less to support the price.
Mortgage
companies perform a «hard pull» of a credit score, which will slightly affect the credit score, but FICO looks
at it as one pull if there are multiple
bids for one loan in a reduced time period.
In the end, an AGAINST vote is a rejection of this no
bid / no premium takeover of the
company... it doesn't change the fact that shareholders deserve & should / will continue to push
for a fairer & more sensible return of capital (ideally
at a premium &
for a larger amount).
As a result, in my line of thinking, I believe that is where new entrants to the ETF market may lay...
For example, stock pickers like me balk
at the
bid / ask spreads (sometimes 10 % of the value of the security) and low volumes (some trading days, 0 shares change hands) of some perfectly good securities, such as the preferred shares of banks & insurance
companies — as a perfect example.
The investor did not take my
bid, but held on, and the management announced a buyout
for the
company at a level that would have given me a significant gain had I been able to buy the block of stock, but instead left me with a 80 % + loss on a small position, which wasn't large enough to consider filing
for appraisal rights.