Sentences with phrase «hostile takeover bids»

In the Faskens analysis of all 143 hostile takeover bids for control of Canadian - listed issuers during 2005 - 2014, the hostile bidder won 55 per cent of the time.
This year, the moot was held March 4 - 5 and the problem dealt with issues that have often arisen in connection with hostile takeover bids.
Legal Post «Say slow» the new «say no» for Canadian companies fending off hostile takeovers The boards of Canadian public companies have long wished for the right to «just say no» to hostile takeover bids.
The note argues that shareholders of companies that have successfully «just said no» to hostile takeover bids have incurred «profoundly negative» returns.
In a record year for U.S. M&A, with $ 2.18 trillion in deals, according to Dealogic, hostile takeover bids have also surged, worth more than 14 % of the total value of transactions.
Woodside Petroleum Ltd subsidiary ATS Inc has made good on a promise not to extend its $ 1.16 billion hostile takeover bid for US - based oil producer Energy Partners Ltd, after failing to reach the minimum acquisition level of 50 per cent.
Broadcom posted an impressive set of quarterly results that will do its credibility with Qualcomm investors no harm as it pursues its hostile takeover bid.
Broadcom said its $ 121 billion acquisition proposal for Qualcomm is the «best and final» offer after the target's board unanimously rejected the sweetened bid, likely leaving the future of the hostile takeover bid to be decided by shareholders next month.
Just how Tribune (TPUB) would mount a hostile takeover bid for Gannett (GCI), a company that is more than four times its size in terms of stock - market value, is unclear.
-- Valeant Pharmaceuticals International, Inc. (TSX: VRX) is extending the deadline for its more than US$ 50 - billion hostile takeover bid for Botox - maker Allergan (NYSE: AGN).
Nearly three years after launching what seemed destined to be a hostile takeover bid, Vivendi has decided to sell off its holdings in Ubisoft.
The stop imposed by President Trump to Singapore - based Broadcom's $ 117 billion dollar hostile takeover bid for US chip maker Qualcomm may not stop cross-border acquisitions but sets a precedent for foreign deals.
David Pyott had been the CEO of Allergan for nearly 17 years in April 2014, when Valeant Pharmaceuticals and Pershing Square Capital Management initiated the hostile takeover bid described in the accompanying article «The Error at the Heart of Corporate Leadership.»
The Ontario Securities Commission has intervened in the first major hostile takeover bid in the brief history of Canada's cannabis industry
As an investor in Botox - maker Allergan, Ackman is the driving force in favour of a hostile takeover bid of Allergan by Montreal's Valeant Pharmaceuticals.
by Anita Anand This week, the Ontario Securities Commission and British Columbia Securities Commission simultaneously heard a case relating to the hostile takeover bid that Idaho's Hecla Mining Co. has launched for Dolly Varden Silver Corp., a junior issuer based in British Columbia.
The agency suggested in a letter that the proposed hostile takeover bid could pose a national security threat to the US, and ordered the target company to postpone its annual shareholder meeting.
Soon - Shiong's Nant Capital, a California - based technology firm, became Tronc's second - largest shareholder in June 2016 and that investment helped Tronc fend off a hostile takeover bid from Gannett, whose last offer was $ 864 million for the company.
Soon - Shiong's Nant Capital, a Culver City technology firm, became Tronc's second - largest shareholder in June 2016, and that investment helped Tronc fend off a hostile takeover bid from Gannett, whose last offer was $ 864 million for the company.
Gannett is ramping up its efforts to acquire Tribune Publishing by going directly to shareholders, but not going so far as to initiate a hostile takeover bid for the Chicago - based publisher of the Chicago Tribune and Los Angeles Times.
The transaction started out as a hostile takeover bid, with Aurora entering into a lock - up agreement with four major CanniMed shareholders.CanniMed's management retaliated by adopting a tactical shareholder rights plan, which was in turn challenged in court (and ultimately stuck down as an improper defensive tactic).
Qualcomm has established a new severance program for non-executive employees that's triggered by a change of control as it faces a hostile takeover bid from rival Broadcom.
The battle lines in Broadcom's hostile takeover bid of Qualcomm are still being drawn, but analysts see a handful of pivotal issues that could tip the scales for each side.
Beginning in 2009, financier Ron Burkle began mounting a hostile takeover bid for the bookseller; Barnes & Noble instituted a poison pill defense, which was upheld in 2011 by a Delaware court on appeal.
And then there was the failed hostile takeover bid by Broadcom Ltd. (AVGO).
Expect a hostile takeover bid!
This week there was a Indian steel manufacturing company trying a hostile takeover bid on Belgian steel factory.
Last year it spent months fending off a hostile takeover bid led by Simon Property Group.
Both sides are saying they won, but Wall Street analysts argue that Indianapolis - based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich. - based Taubman.
Both sides are saying they won, but Wall Street analysts are still unsure whether Indianapolis - based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich. - based Taubman.
After almost a year of battling, it only took a day for Simon Property Group and Westfield America to decide to terminate their hostile takeover bid for rival REIT Taubman Centers.

Not exact matches

And, sure enough, in November, she launched a hostile US$ 16.7 - billion takeover bid.
Now, India's multi-industry conglomerate is going after another luxury brand, Orient - Express, in a hostile bid takeover attempt.
It is qualified as «hostile» takeover bid because no previous arrangements had been made with the Alcan board of directors in this regard.
When Tunstall is killed by Murphy's (Jack Palance) men in a kind of frontier - style hostile takeover (Fusco, recognizing the difficulty of condensing the politics of the Santa Fe Ring for Young Guns» demographic, counts on Palance's black hat and beady stare to do his adversarial bidding), Billy becomes the de facto leader of the now - deputized Regulators (best shot, loudest mouth), leaving Sheen to pretend that his and Estevez's characters are not obviously from the same gene pool, Sutherland to romantic pursuits, Phillips to blur ethnic lines per usual as a Mexican Navajo, Mulroney to twitch, and Siemaszko to also twitch.
Hostile takeover A company's directors may feel that a takeover bid undervalues the shares, and so do not recommend the offer to shareholders.
And don't even get me started on the potential friendly / hostile public takeover bids that were being considered by One51 at the time... most famously, the active role it played (via Moonduster, a JV with the Doyle Group) in the long - drawn out (& ultimately unsuccessful) bidding war for Irish Continental Group (IR5B: ID).
He was part of the magic circle firm's team that acted for Barclays on ABN Amro's # 80bn merger bid for the bank in 2007, while he also advised Kraft Foods on its # 11.5 bn hostile takeover of Cadbury in 2011.
Werksmans has represented numerous South African and international clients engaged in takeovers, reverse takeovers, mergers, acquisitions, restructurings, hostile bids, privatisations and empowerment transactions.
The bid by Laval, Que. - based Valeant Pharmaceuticals International Inc. for California - based Allergan Inc. offers Canadian observers a chance to see what hostile takeovers might look like when the target is located in the U.S....
«This latest chapter in the Simon - Taubman takeover saga illustrates our thesis that the hostile bid will prove a costly distraction to Simon,» Morgan says.
Now, India's multi-industry conglomerate is going after another luxury brand, Orient - Express, in a hostile bid takeover attempt.
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