Sentences with phrase «takeover bid for his company»

Not exact matches

Cramer was also burned on Pfizer's aborted takeover bid for drug company Allergan, which had an overseas taxation rate that would allow the company to pay lower taxes than if it were based in the U.S.

In 1995, the pension plan had co-funded the McCains» takeover bid for Maple Leaf Foods from British company Hillsdown PLC, and held a 35 % stake since then.

The takeover bid for Aquila Resources took an unexpected turn today when a mystery buyer, believed to be Mineral Resources, spent about $ 192 million buying a large stake in the Perth company, paying well above the bid price.

Macmahon Holdings has called out CIMIC Group for what it says is a low - ball takeover bid, saying the Spanish - controlled company should be aware of the improving market for mining services.

But when the conversation came to a recent Bloomberg report about Marriott Vacations making a takeover bid for fellow leisure company ILG, Weisz kept his cards close to his chest.

LONDON, April 25 - U.S. cable company Comcast Corp submitted a 22 billion pound offer for pay - TV group Sky on Wednesday, challenging an already agreed but lower takeover bid from Rupert Murdoch's Fox.

The company expects its revenues and profits to roughly double this year, and it recently launched an unsolicited takeover bid for Depomed (DEPO).

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).

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.

Apple also reportedly considered a much larger content acquisition last year: A number of news outlets said the company made a takeover bid for content giant Time Warner, which owns HBO and CNN among other things, but the latter decided to accept an offer from telecom player AT&T instead.

CNBC's Robert Frank reports on wealthy Americans giving to charity hitting an all - time record, the Playboy Mansion selling for $ 105 million dollars, and the upcoming tax bill for Reid Hoffman, LinkedIn Co-Founder, after his company's takeover bid from Microsoft.

The current $ 2.2 - billion bid by Chinese state - owned Sinopec for Calgary's Daylight Energy marks the first time a Chinese company has attempted a 100 % takeover of a Canadian oil and gas producer.

(Reuters)- Spanish office buildings owner Inmobiliaria Colonial (COL.MC) said on Monday it has launched a takeover bid for Axiare Patrimonio (AXIA.MC), valuing the rival company at 1.46 billion euros ($ 1.70 billion).

Mondelez International, maker of Cadbury Chocolate and Oreo Cookies, has launched a takeover bid for The Hershey Company.

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.

The Trump administration, for instance, recently blocked the takeover bid of U.S company Qualcomm by the Singapore - based Broadcom, on national security grounds.

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.

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.

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.

The bid for Kuka, a high - tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers.

LONDON French shopping centers operator Klepierre has made a 4.9 billion pound ($ 6.9 billion) bid for Hammerson, seeking to strike before the British company completes a major takeover of its own.

A New Zealand entrepreneur, the main shareholder in Australian food ingredients firm Burns Philp, announced a takeover bid on Friday for dairy products company New Zealand Dairy Foods.

The arrival of a takeover bid is usually welcome news for shares prices; Treasury Wine Estates stock soared 18 per cent when the company rejected a bid from KKR.

Rupert Murdoch has arrived in the UK in the midst of the phone - hacking crisis, as he faces growing pressure to scrap his company's takeover bid for BSkyB.

A company has made a takeover bid for Green Time Corporation, offering its own shares as consideration.

In the end, an AGAINST vote is a rejection of this no bid / no premium takeover of the company... it doesn't change the fact that shareholders deserve & should / will continue to push for a fairer & more sensible return of capital (ideally at a premium & for a larger amount).

And even if current management is the reason for a poor occupancy level, one can hope to benefit ultimately from a low original entry price, new activist shareholders appearing or even a takeover bid from a better managed (or financed) company.

If you already own shares in a company and it's the target of a takeover bid, you should carefully read the bidder's statement to see if the offer is for shares in a company with operations or assets overseas.

With Midway Games going bankrupt earlier this year, the Chicago based - company has been looking for ways to sell the rest of their assets that Warner Bros. was unable to own after their takeover bid.

Analysts point out that in France shares in computer games companies such as Infogrames, Havas, Ubi Soft and Titus are given far higher values, enabling them to mount takeover bids for British rivals.

Linklaters and Paul Weiss Rifkind Wharton & Garrison have taken the lead roles on Kraft Heinz's multibillion - dollar bid for Unilever, a deal that has been called off after the US food company withdrew its takeover offer.

Sullivan & Cromwell and Ashurst are among a line - up of firms advising on a # 2bn takeover bid for UK textile services company Berendsen by European rival Elis.

Slaughter and May, Allen & Overy (A&O) and Norton Rose Fulbright are advising on the takeover bid for William Hill by gambling companies Rank Group and 888 Holdings.

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.

Macfarlanes and Linklaters have scored the key roles on the # 100m takeover bid for Revolution Bars Group by Stonegate Pub Company, the owner of chains such as Slug & Lettuce and Yates.