EV can be viewed as a theoretical
takeover price of a firm.
Not exact matches
The potential deal, while still unconfirmed, has already attracted its fair share
of skeptics who doubt it will go through due to Tsinghua's low offer
price and the fact that U.S. regulators are likely to be cautious about a large
takeover by a Chinese state - owned company.
According to the Financial Times, «JPMorgan executives are particularly concerned at the disappointment felt by Bear's rank and file, many
of whom are shareholders, at the low
takeover price.»
Phoenix Gold has reiterated shareholders should reject a cash and scrip
takeover offer from Evolution Mining, even though a rise in Evolution's share
price has boosted the value
of the deal.
The family that holds a majority interest in Diploma Group has formally launched a
takeover offer for all shares it doesn't own in the business, at a bargain basement
price of 1.5 cents per share.
A German court has acquitted the former CEO and CFO
of sports car maker Porsche
of manipulating the company's share
price during its
takeover battle with Volkswagen 0.09 %, dealing a serious blow to a seven - year battle for compensation by U.S. hedge funds.
While T. Rowe
Price doesn't build a stock portfolio based on potential
takeover candidates, Umbarger says, that possibility has lately become a bigger part
of the investment discussion at the firm, in terms
of «How could you value it in the eyes
of other beholders?»
Of course, a takeover offer for Herbalife would be one of the worst possible outcomes for Ackman, as it would likely send the company's stock price through the roof, adding to his losse
Of course, a
takeover offer for Herbalife would be one
of the worst possible outcomes for Ackman, as it would likely send the company's stock price through the roof, adding to his losse
of the worst possible outcomes for Ackman, as it would likely send the company's stock
price through the roof, adding to his losses.
Priceline's (PCLN) $ 40 - a-share
takeover bid represents a 29 % premium to Kayak's closing
price of $ 31.04 on Thursday and a 54 % premium to its July IPO
price of $ 26.
Companies ripe for
takeovers often have some
of the following traits: • a small capitalization; • a market
price less than book value; • a «weak» management team; • ownership
of undervalued assets or important patents.
A flurry
of reports
of takeover interest — the supermarket chain Albertsons and the e-commerce giant Amazon are reported to have explored bids — has helped to lift the share
price.
Certain provisions
of Delaware law and certain provisions that will be included in our amended and restated certificate
of incorporation and amended and restated bylaws summarized below may be deemed to have an anti-
takeover effect and may delay, deter, or prevent a tender offer or
takeover attempt that a stockholder might consider to be in its best interests, including attempts that might result in a premium being paid over the market
price for the shares held by stockholders.
Some
of Australia's best known investors will seek a higher
price from French giant Eramet before they part with all
of their shares in
takeover target Mineral Deposits (MDL).
While the $ 2.36 per share offer only implies a «small» 15 per cent
takeover premium to Deutsche's $ 2.05
price target, the research team points to «recent operational risks in the hospital portfolio, the execution risks
of the Northern Beaches greenfield project and our lower revenue growth outlook for the private hospital industry.»
GDAX maintained in its announcement that the
price drop was the result
of automated trading and that «initial investigations show no indication
of wrongdoing or account
takeovers.»
Qualcomm has once again rejected Broadcom's
takeover bid, regardless
of the significantly increased purchase
price at $ 121 billion.
However, these provisions may have the effect
of delaying, deterring or preventing a merger or acquisition
of our company by means
of a tender offer, a proxy contest or other
takeover attempt that a stockholder might consider in its best interest, including attempts that might result in a premium over the prevailing market
price for the shares
of Class A common stock held by stockholders.
Based out
of China, CNOOC Limited is expected to
takeover Nexen for a purchase
price of $ 15.1 billion.
In early March, it reached the upper end
of this range, much the same level as the peak a year earlier, against a background
of, inter alia, strong domestic profit results, speculation
of foreign
takeovers, and rising commodity
prices (especially base metals).
Based on Friday's closing
prices, the
takeover bid is worth $ 70.53 a Trulia share, a premium
of roughly 25 percent.
When asked if Syrah was a
takeover target at its current share
price, Mr Slifirski said: «Anytime you see a company with a world class resource in terms
of scale, quality and position on the cost curve, which is exposed to a disruptive technology and has an open share register, it makes absolute sense as a
takeover target.»
Some
of these
takeovers are proper: Chrysler's 1987 acquisition
of American Motors Corporation gives it much - needed production and distribution capacity at an economical
price.
Amazon.com's splashy
takeover of Whole Foods, complete with deep
price cuts, did more than bring a surge
of publicity.
It will be interesting to see whether farmers will be driven purely by
price or other factors will come into play, such as preferring to be part
of an Australian - owned operator such as Bega Cheese, which has been widely tipped in the media as an interested party for a full
takeover or some key assets.
It had always been earmarked as a
takeover target but a series
of mishaps in the US mainly, caused the share
price to plunge and opened the door for offshore raiders such as KKR.
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.
NSW - based Bega Cheese, which owns 18.7 per cent
of WCB, conceded defeat in the
takeover race this week, as the bidding war pushed the
takeover price from $ 320 million to $ 533 million and out
of its reach.
Her comments come on the heels
of milk
price increases from rival dairy processors Murray Goulburn and Bega Cheese, and in the wake
of Canadian dairy giant Saputo's victory in the three - way
takeover battle for Warrnambool Cheese & Butter.
Bega pulled out
of the
takeover race in December, but the bidding war has pushed WCB's share
price from about $ 4 to more than $ 9.
The aggressive and hyperactive
takeover battle for WCB has seen the small dairy company's share
price rocket from around $ 4 to close to $ 10 in only a few short months, with Lion keen to protect its sizeable National Foods business that owns a portfolio
of well know cheeses and milk.
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.
Talksport Radio reporting that Stan Kronke has agreed
takeover price for shares, taking his holding to 60 % + Not sure
of exact details yet.
Questions - Sure Start closures, food
prices, cancer drug fund, BSkyB
takeover bid Legislation - health and social care bill Debate - competitiveness
of the UK egg industry
All companies want to keep the share
price up to avoid loss
of confidence in the company and to head off unwanted
takeovers.
The two new games, Toy Box
Takeover and Toy Box Speedway, are now available for a suggested retail
price of $ 19.99 each and will give players additional hours
of gameplay inside Toy Box 3.0.
In addition, Aleph Investments will vote against any compensation that would act to reward management as a result
of a
takeover attempt, whether successful or not, such as revaluing purchase
price of stock options, golden parachutes or handcuffs, etc..
Many times in sectors, when consolidation takes place, it will happen with all
of the candidates for acquisitions eventually becoming
takeover targets, and rewarding shareholders with higher stock
prices.
• G is the expected gain in the event
of a success (usually
takeover price o liquidation value).
The Fund's «Safe and Cheap [1]» approach to common stock investment encompasses consideration
of four factors: super strong financial positions; reasonable managements; understandable businesses; and a
price that represents a meaningful discount from our estimate
of what the security would be worth were the business a private company, or a
takeover candidate.
In looking at the common stocks
of potential
takeover candidates, TAVF is much more influenced by whether or not a deal at a substantial premium over market might close, as compared with which
of several attractive securities is
priced more attractively as a going - concern based on an NPV analysis.
The theory behind the Woronoco investment was that the bank, a recently converted mutual, ought to enjoy an annual ROE
of at least 10 % going forward (non-troubled banks normally have ROEs
of 8 % to 20 %), and that in five years, Woronoco could be taken over at two times book value because it operates in an industry where
takeovers at better
prices than two times book value are fairly common.
Ross, Westerfield also state on page 17, «Fear
of a
takeover gives managers an incentive to take actions that will maximize stock
prices.»
I suspect there's a potential
takeover premium embedded in the
price — considering the Holcim - Lafarge merger news, we may be on the verge
of a new wave
of consolidation.
%
of AUM, activist investors, alternative assets, asset managers, catalyst, earnings growth, Goldman Sachs, hedge funds, P / B Ratio, P / E ratio, P / S Ratio,
Price / Sales, REIT / MLP sector, short sellers,
takeover offers
Take a company announcement (in response to a
price movement) confirming a potential bidding approach: At that point, I'm probably being generous to say the odds
of an eventual successful
takeover bid are 50 %, at best — so the probability
of failure's also at 50 %.
It's not so prudent to give examples
of current
takeover offers, as
price volatility and news flow can change things all too quickly.
In reality (as you may have suspected from the lower
pricing of the bid), the UK
Takeover Code is but a fond dream here.
-- I've made no subsequent changes to the file, except: i) to adjust for DCC (DCC: LN) migrating to a London - only listing & for Petroceltic International (PCI: LN) consolidating its shares 1 for 25, and ii) Continental Farmers Group (CFGP: LN) will continue to be included at its GBP 36p
takeover price (the Saudi bail - out came in the nick
of time, just before the cash ran dry!).
On the other hand, one might expect that because the CVR made up such a minor portion
of the
takeover purchase
price ($ 74 in cash plus one CVR per Genzyme share) and the CVR is a complex security not appropriate for most equity funds, there would be selling pressure until the end
of the current quarter.
Ever since the federal
takeover of student loans with the Student Aid and Fiscal Responsibility Act
of 2009, college tuition has risen and student loans have met the
price increase.