Late on Friday night Saputo revealed it was lifting its $ 8
cash per share bid to $ 9 per share, matching Murray Goulburn's offer but putting it slightly below Bega Cheese's cash and scrip bid, which valued WCB shares at $ 9.13 on Friday.
Not exact matches
Romit Shah, Nomura Instinet, and «Fast Money» trader Guy Adami parse Broadcom's reported $ 70
per share in
cash and stock
bid for Qualcomm.
The
bid formalizes an offer first made in February and puts pressure on Fox, which already has a 39 - percent stake in Sky, to raise the 10.75 pound
per share cash offer it first announced in December 2016.
The new
bid had been around 7 % higher than Pfizer's original approach, and would have provided AstraZeneca stockholders with around $ 84
per share in
cash and stock. www.astrazeneca.com
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.
Broadcom submitted a
bid of $ 70
per share for Qualcomm, in the form of $ 60 in
cash and $ 10 of Broadcom stock.
On May 16, Gannett, which has discounted Tribune Publishing's recently unveiled digital strategy as «unproven,» and questioned Ferro's publishing track record, boosted its all -
cash offer to acquire Tribune Publishing to $ 15
per share, from an unsolicited $ 12.25 - a-
share bid that was rejected.
Bega
shares rose 30 cents to $ 4.75 on Friday, valuing its 1.5
share and $ 2
cash bid at $ 9.13, more than the $ 9
cash per share on offer by the nation's biggest processor, Murray Goulburn.
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.
Saputo is in the box seat with an agreed $ 8
per share cash bid worth $ 450 million.
The Canadian heavyweight's $ 9 - a-
share cash bid rises to $ 9.20 a
share if it acquires 50
per cent, to $ 9.40 at 75
per cent and to $ 9.60 at 90
per cent.
Tiberius Capital launched its tender offer for MATH on June 1 this year at $ 1.15
cash per share,
bidding for 51 % of the outstanding
shares.
Tiberius Capital launched its original tender offer for MATH on June 1, 2009 at $ 1.15
cash per share,
bidding for 51 % of the outstanding
shares.
SSTI has announced an amended merger, increasing the
bid to $ 3.00
per share in
cash.
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.
Starwood had originally accepted a $ 13.2 billion
cash - and - stock
bid from Marriott, but looked to be pulling out when Anbang, fresh off a $ 6.5 billion acquisition of trophy US hotel properties from the Blackstone Group private equity firm, made an all -
cash offer for Starwood on March 18 worth $ 78
per share.
But today (Monday), Starwood said Marriott has come up with a new
bid of
cash and stock that would ultimately give Starwood shareholders about $ 1.50
per share more than the Anbang group's offer.