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.