Sentences with phrase «bids for assets»

Prior to the recently passed bailout of the U.S. auto industry, lingering in the background were discussions of the possibility of Chinese companies making bids for the assets of the embattled Big Three American automakers.
Trying to guess where market players will raise their bids for assets in secondary trading is difficult.
I would suggest that the bid for these assets is either lower than expected or non-existent other than a pennies on the dollar «option value» bid.
The company has expressed interest in bidding for some assets of Freedom Communications, the bankrupt publisher of the Orange County Register and several other California newspapers and magazines.
Of course, it's not straightforward: many of the patents Microsoft lays claim to come from a package of intellectual property purchased in a $ 4.5 - billion group bid for assets sold when Nortel collapsed (which means they are jointly owned with the others involved in the sale, including: Apple, Microsoft, Blackberry, Ericsson, and Sony).
Let Toyota, Honda, Daimler, Renault, Hyundai, Magna, Kirk Kerkorian (dreamer), etc., bid for the assets in bankruptcy.
Simon Property Group and General Growth Properties joined a consortium of other retail industry players to place a winning bid for the assets of bankrupt teen apparel chain A...

Not exact matches

David Zaslav, Discovery CEO, talks Comcast's bid for Sky and why investing in European media assets has paid off.
The main focus of acquisitions will be early - stage assets that can add to the pipeline of experimental drugs, Walmsley said, adding she was not interested in entering a $ 64 billion bidding war with Takeda Pharmaceutical for Shire.
Timber company Gunns has put itself into the bidder's circle for Great Southern's assets, a day after it lost its bid for Timbercorp's forestry assets to a US - based company.
Comcast said it had abandoned its bid for most of the assets of Rupert Murdoch's Twenty - First Century Fox.
In July last year, when CIR was known as Asset Backed Holdings, it launched an off - market bid for the shares it did not already own in PRL at $ 3 cash a share.
U.S. telecommunications rivals Verizon Communications Inc. and AT&T Inc. are set to go through to the third and final round of bidding in the auction for Yahoo Inc.'s core internet assets, according to people familiar with the matter.
Comcast said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch's Twenty - First Century Fox, leaving Walt Disney as the sole suitor in pursuit of the $ 40 billion - plus deal.
HOUSTON, March 8 Royal Dutch Shell Plc and U.S. private equity firm Blackstone Group LP are working on a joint $ 10 billion bid for BHP Billiton Plc's U.S. shale assets, Sky News said on Thursday.
They'll formally name the number they'll pay for Freedom's newspaper assets — and its real estate — after a creditors» committee defines the bidding process.
It said it was willing to offer the Commission significant remedies to ease any antitrust concerns and had already received indicative bids from several interested parties for assets that could be divested.
Rupert Murdoch's Twenty - First Century Fox Inc, which agreed in December to sell most of its assets to Walt Disney Co for $ 52.4 billion, had previously rejected a bid from Comcast Corp over concerns about the regulatory risks and its stock value, a regulatory filing on Wednesday showed.
In fact, according to a report this week, Penn West Petroleum received multiple bids for its Viking assets, with those bids reportedly coming in C$ 100 million above analyst expectations.
The idea for the group stemmed from the Washington region's 2024 Olympic bid committee, said Russ Ramsey, chairman and CEO of Ramsey Asset Management, a Reston, Va. - based hedge fund company.
NEW YORK (Reuters)- U.S. telecommunications rivals Verizon Communications Inc and AT&T Inc are set to go through to the third and final round of bidding in the auction for Yahoo Inc's core internet assets, according to people familiar with the matter.
Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
Royal Dutch Shell and Blackstone are working on a joint $ 10 billion bid for BHP's U.S. shale assets, Sky News reported on March 8.
However, if Fox — for whom Sky is absolutely a strategic asset — were to bid, say, 15 % above the # 12 - 50 (which works out at # 14 - 30), Comcast shareholders would start asking why ownership of Sky is worth diluting their dividend flow.
Anyhow, Gannett's bid — at an announced multiple of more than five times Tribune earnings — exceeds what Apollo has, as a rule, been willing to pay for newspaper assets.
HOUSTON (Reuters)- Royal Dutch Shell Plc (RDSa.L) and U.S. private equity firm Blackstone Group LP (BX.N) are working on a joint $ 10 billion bid for BHP Billiton Plc's (BLT.L) U.S. shale assets, Sky News said on Thursday.
These reflect bid and ask spreads - that is, the difference between the market - maker's prices for buying and selling an asset, net of the cost of trading.
Beyond that, Disney has made a $ 52.4 billion bid for a collection of 21st Century Fox's assets, including its movie and TV studios, FX and National Geographic channels, and its 61 % stake in U.K. - based TV and Internet provider Sky.
Greg Galardi, a lawyer for the remaining Gawker assets, declined to comment on why Thiel's involvement would have chilled bidding.
Over time, this suggests rising bid - ask spreads relative to past levels for more illiquid assets, such as corporate bonds, to help market - makers cover their operating costs.
Peter Thiel has agreed not to bid on the assets of bankrupt Gawker Media LLC in exchange for the web publisher's promise to end an investigation into the tech billionaire.
During trading, subjects could see all outstanding bids and asks in the market, all concluded transaction prices for that period, their current cash and asset holdings, and a plot of average transaction prices in every past period.
But Coty's stock is still up about 17 percent from before Reuters» June 8 report that it was fighting rivals such as Henkel for P&G's beauty business and had submitted a bid for the P&G assets.
If there's not a single buyer that will take on both the assets and liabilities without the government assuming private default risk, Bear's assets should be put out for bid, Bear's bonds should go into default, and by the unfortunate reality of how equities work, Bear's shareholders shouldn't get $ 2 - they should get nothing.
You might bid up asset prices, and of course assets are not equally distributed so that has consequences for income inequality.»
In a filing submitted to federal Bankruptcy Court last week, attorneys for Digital First signaled the company's intention to bid by requesting that the court push back the deadline to submit initial bids for Freedom's assets from Friday to Feb. 12.
U.S. District Court Judge Mark Wallace in Santa Ana on Monday approved the request by moving back the deadline for so - called stalking - horse bids, which set a minimum price for a bankrupt company's assets.
Yahoo has been conducting a prolonged auction for those assets since February, and final bids were due on Monday.
Prior to joining KPMG, Lou was a Senior Vice President in Macquarie Capital (USA), Inc.'s Real Estate Private Equity team and led deal teams responsible for bidding on companies and assets worth approximately $ 5 billion.
They emerged as the industry consolidators, using high levels of gearing to pay mind boggling prices for assets (in 2007, APN was the target of a bid by a private equity consortium that was blocked by a shareholder vote at $ 6.20 per share, a decision which cost them a lot.
As long as the loans are used to bid up property, stock and bond prices, they can claim that they are «responding to the market» by getting homeowners, commercial real estate investors, corporate raiders and financial managers to pledge their assets as collateral for yet new loans in a process that seems to be self - sustaining.
Increased availability and popularity of vehicles that allow for cheap, convenient, well - diversified market exposure increases the pool of money inclined to bid on equities as an asset class — not only during the good times, but also when buying opportunities arise.
The comments came as final bids for Yahoo's core assets are due Monday.
The Weinstein Company has voluntarily filed for bankruptcy and entered into a stalking horse bid for the majority of its film and TV assets with the Dallas - based private equity firm Lantern Capital..
Thiel, who bid for Gawker's assets on Jan. 10, also agreed to release claims against an eventual buyer and authors of articles on the website, as well as not fund new litigation against Gawker over its archives.
An advertisement announcing the assets are for sale shows bids for the properties — which include 228,000 acres of land, eight producing wells and a gas processing facility — by the end of May.
With the AWE takeover, Mitsui would become operator of a gas field for the first time, running the Waitsia gas project, a role Mitsui said would bolster its credentials to bid on other gas assets in Australia.
«We are prepared to bid, and think we would be the highest and best bidder for all the remaining assets, including the claims,» Thiel's lawyer Anthony Clark said in court.
There has been some interest from offshore, but it is unclear if anyone is keen to bid for the entire business or just wants to pick off individual assets.
US agribusiness giant Archer Daniels Midland's failed $ 3 billion takeover bid for east - coast grains handler GrainCorp and the $ 500 million plus takeover battle for Victoria's Warrnambool Cheese & Butter have underscored the red - hot demand for Australian agriculture assets.
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