Treasury announced on Monday it had received
a second takeover offer, and the prospect of a bidding war caused shares in the company to jump above the identical offer price of the two bids.
Not exact matches
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.
Dish Network has
offered to buy Sprint for $ 25 billion, making it the
second company to make a
takeover bid for the wireless phone carrier.
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