Sentences with phrase «cash bid of»

Starwood's board said today that the latest offer from Anbang & company — an all - cash bid of $ 82.75 per share for all Starwood stock, and the fourth bid to be made in this see - saw battle — is «reasonably likely» to be superior to Marriott's latest bid, which was estimated to be worth $ 79.53 per share.
Earlier Comcast said it submitted an all - cash bid of $ 31 billion for European pay - TV group Sky, confirming a tentative offer in February.
Bellevue, Washington - based Eddie Bauer, with about 370 stores in the United States and Canada, was acquired out of bankruptcy by buyout firm Golden Gate Capital in 2009 with a cash bid of $ 286 million.

Not exact matches

In a bid to save cash, 47 % of Americans are now packing a lunch more often, according to a poll released last month.
According to documents provided to Reuters by Lorna Brett, a spokeswoman for a law firm suing Weinstein and The Weinstein Company, Inclusion Media submitted a bid of $ 315 million in cash.
This system has never made me pass up an opportunity — in fact, it's helped me strengthen my cash flow so much that I've been able to contemplate all kinds of growth options, including a recent $ 325,000 bid on a bankrupt company whose assets were worth nearly 10 times that much.»
The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.
An investment company chaired by Perth businessman Farooq Khan has made an off - market $ 8 million cash bid for full ownership of Strike Resources, and may seek opportunities for the business outside the resources sector.
The bid, made in cash and stock, is a new chapter in one of the most dramatic recent stories in the railroad industry.
Convicted fraudster William Ardrey has been released on bail, 13 months after being sentenced to a four - year jail term, but has lost a bid to gain control of cash from the sale of a New York apartment.
In a bid to seek a somewhat better yield, we can move some of that cash into fixed income securities.
On June 10 SoftBank increased its bid to $ 21.6 billion from $ 20.1 billion and raised the cash component of the deal for shareholders by $ 4.5 billion, trumping Dish's bid and gaining support from Sprint's second biggest shareholder Paulson & Co. which had previously said it preferred Dish's bid.
LONDON, April 25 (Reuters)- Sky withdrew its recommendation of Rupert Murdoch's contested bid for the European pay - TV group after rival Comcast submitted a higher, 22 billion - pound ($ 31 billion) cash offer on Wednesday.
LONDON, April 25 - Sky withdrew its recommendation of Rupert Murdoch's contested bid for the European pay - TV group after rival Comcast submitted a higher, 22 billion - pound cash offer on Wednesday.
SABMiller immediately issued its own statement saying it still didn't like the terms of the new offer, which would give its public shareholders 42.15 pounds a share in cash, a premium of 44 % over where the shares were trading before news of AB InBev's intention to bid leaked out last month.
The bid for the Canadian nickel and gold producer comes in the form of an all - cash offer for all of LionOre's issued and outstanding shares, the Switzerland - based mining giant said.
Saputo Inc. emerged as the winner of the Australian deal with a $ 450 - million all - cash bid — one of the biggest deals in the history of the company, which was launched in the 1950s as a family venture that made deliveries of homemade fresh mozzarella by bicycle.
The private - equity firm will pay $ 157 a share in cash for Buffalo Wild Wings, which is 34 % above the company's closing stock price on November 13, the day before Roark's initial bid of $ 150 a share.
The all - cash bid also represents the first real test of what's effectively Prime Minister Stephen Harper's newly announced policy on foreign direct investment.
That bid ultimately failed, although it did force General Dynamics to amend its offer to acquire all outstanding shares of CSRA for $ 41.25 per share in cash, an increase from the original $ 40.75 per share offer.
During a relatively intimate dinner at the home of our chairman, a VC named Berry Cash, Kemp — who had failed in a presidential bid against George Bush in 1988 — thought it would be fun to go around the table and see who each of us thought the GOP should nominate for the ’96 election against Bill Clinton.
Broadcom submitted a bid of $ 70 per share for Qualcomm, in the form of $ 60 in cash and $ 10 of Broadcom stock.
De Maistre was also accused of getting Bettencourt to hand over envelopes of cash to members of the conservative former ruling UMP party, such as his friend, Eric Woerth, a former minister and campaign treasurer of Sarkozy's 2007 presidential bid.
When investors are feeling confident about the future they tend to bid up the value of public companies due to an increased perception that the future cash generated by the company will appreciate.
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.
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.
CarSaver also will soon help consumers sell their vehicle by providing an «instant cash offer» from a large network of certified dealerships who will bid on the vehicle.
Dish Network Corp. has reportedly been meeting with various financing institutions in an effort to secure between $ 10 billion and $ 15 billion to boost the cash portion of its acquisition bid for telecommunications carrier T - Mobile US.
By: Natasha Odendaal 4th August 2016 Shareholders of Canadian firm Nordex Explosives have one month to accept a now - formal fully funded, all - cash inflated takeover bid by JSE - listed Omnia Group.
Conversely, if the Reserve Bank supplies less than banks wish to hold, they will respond by trying to borrow more in the cash market to build up their holdings of exchange settlement funds; in the process, they will bid up the cash rate.
With the bids lodged, the Bank then determines which of the bids it is willing to accept, to ensure that the aggregate level of exchange settlement balances is at the level we feel will ensure that the cash rate remains at the target rate.
In part, the prevalence of transactions at the cash rate reflects the fact that while a bank may be offering cash one day, it may be bidding for cash the next.
According to documents provided to Reuters by Lorna Brett, a spokeswoman for a law firm suing Weinstein and The Weinstein Company, Inclusion Media LLC submitted a bid of $ 315 million in cash.
Japan's Mitsui has signed a $ 602 million cash takeover deal with AWE after the board of the oil and gas player switched its recommendation from Mineral Resources» lower bid.
Speaking after Beach completed the $ 1.585 billion takeover of Origin Energy's Lattice Energy division, the owner of 50 per cent of Waitsia, Mr Kay said Beach is «watching closely» developments at AWE, which has attracted three takeover offers and looks set to agree to a $ 602 million cash bid from Japan's Mitsui.
«We are enabling reverse bidding of hotel room prices to provide better prices to customers directly from the hotel instead of cash discounts out of pocket as these guys were engaged in.
Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.
The stock slide - 18 percent since the news of a possible bid broke - makes the cash - and - share deal less appealing to Shire shareholders, some of whom may be reluctant or unable to hold Takeda shares.
Tabcorp will present Tatts Group shareholders with a scrip and cash takeover bid on Wednesday morning, proposing to take full control of the wagering and lotteries company.
A series of proposed megamergers in the global agrochemicals and seed industries — capped by Bayer's record $ 66 billion cash bid for Monsanto — raise fears of a pricing monopoly in the farm - supply industry and threat to the global food supply.
AWE on Monday withdrew its support for Mineral Resources» bid and recommended shareholders accept Mitsui's all cash offer of A$ 0.95 a share after Mineral Resources did not match Mitsui's offer by a February 2 deadline.
WCB's shares have rocketed past Saputo's all cash offer of $ 7 a share, indicating a bidding war could erupt with Bega.
Three cashed - up parties were in the final bidding and competition was fierce after consumer demand in China accelerated fast for Australian brands following health scares among Chinese manufacturers of milk products.
David Jones had already knocked back a bid from rival Myer before South Africa's Woolworths unexpectedly swooped with a cash deal that has the support of the board.
Bega has bid $ 2 cash for every WCBshare and 1.2 of its own shares, compared with Murray Goulburn's $ 7.50 a share and Saputo's $ 8 a share.
Speculation has been mounting that Canadian giant Saputo — which has an agreed $ 8 - per - share cash bid for WCB — would switch targets because of WCB's crowded register and look at Bega.
Even though there is widespread speculation Saputo will extend its $ 9.00 - a-share all - cash bid beyond a Friday deadline, Mr Lord said shareholders were running out of time to get the certainty of the Canadian offer.
Warrnambool Cheese & Butter thinks the uncertain value and timing of Murray Goulburn's $ 9.50 - a-share cash bid, among other factors, mean the farmer co-operative's bid is inferior to Canadian giant Saputo's $ 9 cash offer.
In its target's statement, expected as soon as Tuesday, WCB will point to the uncertain value and timing of Murray Goulburn's $ 9.50 - a-share cash bid, as well as its competition approval condition, as reasons to reject the offer.
One source close to the deal said that if Bega had been serious about competing with its rivals, it would have raised the cash part of its bid before declaring its offer unconditional and final.
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