[Yep, it's like Dublin buses — nothing turns up forever, then two bids come along at once...] News broke on Friday in the Irish Times of a $ 1.80 per
share bid for the company (from Capvest), with One51 confirming a preliminary & conditional approach later in the day.
But of course, you know what comes next... Sunday brought some great news: A $ 20 million / 20 cents per
share bid for the company, which Zamano subsequently confirmed first thing Monday morning!
Murray Goulburn may still increase its $ 9.50
a share bid for WCB.
Not exact matches
Seven Group Holdings has upped its takeover
bid for National Hire Group, after its initial offer of $ 3.00 per
share was rejected by the target's major shareholder, Tasmania - based Caterpillar dealer Da
In 2008, the company made a
bid for Napster, the file -
sharing service that had relaunched as a subscription music product, but bowed out when the asking price was too high.
This week, JP Morgan upped its
bid from $ 2 a
share to $ 10 a
share, meaning that the punishment meted out to Bear stockholders
for the firm's reckless behavior is much less draconian.
(Also, showing just how hot this space is now, on Wednesday IAC announced a
bid to acquire Angie's List
for $ 8.75 per
share.
The Maple Group, a collection of some of the country's biggest financial institutions, already raised its
bid for the TMX earlier this week from $ 48 to $ 50 a
share.
The U.S. Supreme Court on Monday refused to hear a
bid by major record labels to revive copyright infringement claims against video -
sharing website Vimeo
for hosting content that included songs by famed bands such as the Beatles, the Jackson 5, and the Beach Boys without permission.
UK - based Bushveld Minerals has launched its second takeover
bid for local coal explorer Lemur Resources in two years, this time proposing to acquire all the
shares it doesn't own in the business
for about $ 10.9 million.
Toshiba wants to sell its
share to offset massive losses in its Westinghouse nuclear power business, and Western Digital is leading a consortium that's
bidding for that
share, while at the same time engaging in a legal fight to stop the sale from going ahead unless it gets first refusal.
Imperial Tobacco (up 8.70 %) Imperial said today it had made a cash
bid approach
for Altadis at 45 euros a
share, valuing the firm at 11.53 billion euros ($ 15 billion), and sending both companies»
shares soaring.
Strangely, some investors managed to see the new support
for Freddie and Fannie as a reason to
bid up company
shares.
The uptick in the
shares reflects a belief that Netflix is now in a position to sign up more subscribers this year than analysts had previously anticipated, generating additional revenue that the company can spend on TV series and movies as it
bids against rivals such as HBO, Amazon.com, YouTube and Hulu
for licensing rights.
Amy Yong, Macquarie, discusses Comcast's $ 31 billion
bid for Sky and what is it doing to
shares of the media giant.
The combination should be «immediately accretive to earnings per
share,» said the statement, noting the
bid for Moy Park values the entire company at $ 1.3 billion.
Macquarie Research lowers its rating to neutral from outperform
for Comcast
shares, citing concerns over the media company's
bid for Sky.
Romit Shah, Nomura Instinet, and «Fast Money» trader Guy Adami parse Broadcom's reported $ 70 per
share in cash and stock
bid for Qualcomm.
Macquarie Research lowers its rating to neutral from outperform
for Comcast
shares, citing concerns over the
bid for Sky.
The board initially rejected Brito's unsolicited
bid, but eventually agreed to sell
for a sweetened $ 70 per
share.
In July last year, when CIR was known as Asset Backed Holdings, it launched an off - market
bid for the
shares it did not already own in PRL at $ 3 cash a
share.
The new deal puts pressure on fellow chipmaker Broadcom to decide if it will stick with a stipulation in its $ 121 billion
bid for Qualcomm that the company not raise its previous $ 110 a
share offer
for NXP.
Frank Louthan, Raymond James managing director, discusses Comcast
shares lower on the company's
bid for U.K. broadcaster Sky.
Overall, Broadcom's
bid is a very ambitious attempt to grow its
share of the market
for components that go into mobile phones.
Last week Sprint had to raise its offer
for wireless service provider Clearwire to $ 5 per
share from $ 3.40 per
share to fight off a rival
bid of $ 4.40 per
share from Dish.
TMK Montney shareholders are being offered Calima
shares on a 2.1 -
for - one basis, along with 0.9 Calima
shares for each option, valuing the
bid at $ 7.92 million.
While the company has reportedly put itself up
for sale, so far no suitor has agreed to a deal, though a fake takeover
bid in May 2015 briefly sent Avon's (AVP)
shares surging 20 % before the offer was revealed as a hoax (and the
shares promptly resumed their downward trend).
COPENHAGEN / STOCKHOLM, Feb 12 - Danish telecoms operator TDC has been approached by a potential bidder
for all of its
shares and will withdraw from its $ 2.5 billion takeover of MTG's broadcasting and entertainment business if such a
bid materializes.
Shares of Travelport Worldwide soared 17 percent on Monday after a report said activist hedge fund Elliott Associates is in talks to make a
bid for the company.
This is 10 % higher than the
bid of rival Xstrata, which had proposed to buy LionOre at C$ 25 ($ 23) a
share, equal to C$ 6.2 billion ($ 5.7 billion)
for the whole company.
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.
Last year, the
share of
bidding wars
for the hottest apartments fell by more than half to a four - year low, adding to evidence that the market slowed down.
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.
CNBC's Dominic Chu reports on Tronc
shares surging after Softbank shows interest in a possible
bid for the company.
That may explain why Japan's Suntory jumped ahead of a number of European suitors, including France's Pernod Ricard, to
bid for Beam last month — offering to pay Beam stockholders $ 83.50 per
share, a 25 % premium over the stock's then - market price of around $ 67, in addition to assuming some $ 2.4 billion in company debt.
Brian Modoff, an analyst with Deustche Bank Securities, said he's lost count of the number of times someone has tried to generate interest in a higher
bid for BlackBerry, and remains unconvinced that the value of its
shares will rise to Watsa's $ 9 valuation.
For the past few months, Qualcomm has been trying to fend off Broadcom's unsolicited advances and has rejected multiple Broadcom bids, the most recent being for $ 121 billion, or $ 82 a sha
For the past few months, Qualcomm has been trying to fend off Broadcom's unsolicited advances and has rejected multiple Broadcom
bids, the most recent being
for $ 121 billion, or $ 82 a sha
for $ 121 billion, or $ 82 a
share.
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.
Pursuant to rules of the Ontario Securities Commission, the Autorité des Marchés Financiers and the Universal Market Integrity Rules
for Canadian Marketplaces, the underwriters may not, throughout the period of distribution,
bid for or purchase
shares of our common stock except in accordance with certain permitted transactions, including market stabilization and passive market making activities.
Franken also took on Representative Tom Price, Trump's nominee
for the Department of Health and Human Services,
for owning
shares in tobacco companies while voting to do their
bidding in Congress and
for getting a «sweetheart deal» on biotech stock.
«Given the recent sell - off in Qualcomm and NXP
shares amid the US and China trade war issues, we believe the market has started to anticipate a lower probability that China will approve Qualcomm's
bid for NXP,» wrote Canaccord Genuity Analyst Mike Walkley in a research note.
Ride -
sharing service Uber's app is mocking New York Mayor Bill de Blasio's push of reducing on - demand
for - hire vehicles in the city in a
bid to reduce traffic snarls.
,
for owning
shares in tobacco companies while voting to do their
bidding in Congress and
for getting a «sweetheart deal» on biotech stock.
Broadcom submitted a
bid of $ 70 per
share for Qualcomm, in the form of $ 60 in cash and $ 10 of Broadcom stock.
He thinks there is room
for the Broadcom
bid to increase to the high - $ 70 to low - $ 80 per
share range.
SYDNEY (Reuters)- Australian internet provider Vocus Group Ltd said on Tuesday a second private equity firm has made a A$ 2.2 billion ($ 1.7 billion) takeover approach, sending its
shares higher on hopes
for a
bidding war.
The Sidewalk Labs proposal in the competitive
bid for the project floated all kinds of technological dreams: a thermal energy grid that would be carbon neutral, sensors that separate waste from recycling, modular buildings that convert from retail to housing, monitors that track noise and pollution, self - driving transit shuttles,
shared - ride taxibots, adaptive traffic lights, delivery robots, heated bike paths and sidewalks that melt snow on their own.
The U.S. Department of Justice forced Alaska Air to cut code -
sharing with American Airlines before approving its $ 2.6 bln
bid for Virgin America.
** Brazilian electricity company Energisa said on Thursday its board has approved a
bid to buy Eletropaulo, Brazil's largest power distribution company,
for 19.38 reais per
share.
The recent stock market and real estate bubbles are much like pyramid schemes in the sense that what is
bidding up stock and property prices is an exponential inflow of new money from pension plans and mutual funds (
for shares) and bank credit (
for real estate).