Icahn makes hostile bid for all of Lions Gate after studio rejects his bid to boost his stake Activist shareholder Carl Icahn is launching a takeover bid for Lions Gate Entertainment. The disclosure comes a week after the film studio rejected his ...
Indian conglomerate Reliance is in late-stage talks to buy a big stake in a US natural gasfield, a report said Wednesday, after suffering several recent setbacks in overseas investments. Reliance is nearing a deal to invest 1.0-1.5 billion dollars in a joint ...
OSI Pharmaceuticals' board of directors rejects Astellas Pharma's $3.5 billion takeover bid OSI Pharmaceuticals rejected a $3.5-billion takeover bid from Astellas Pharma Inc., telling shareholders Monday the offer was too low. Astellas has attempted to acquire OSI for more than a year ...
S&P, Moody's assign investment-grade ratings to notes for Airgas debt offering Two ratings services have given investment-grade ratings to an Airgas Inc. plan to raise $250 million from a debt offering. The Radnor, Pa., industrial gas supplier said Wednesday it will sell ...
The Red Knights, a group of wealthy Manchester United supporters, confirmed Tuesday that they had begun moves towards a possible takeover of the heavily-indebted club. The group, which includes some senior City of London figures including Goldman Sachs chief economist Jim O'Neill, ...
Major stock indexes rose to their highest levels in more than a month Monday after corporate buyouts raised hopes about the economy. The Dow Jones industrial average rose 79 points. The Standard & Poor's 500 index, the basis of many mutual funds, ...
Stocks rose Monday following AIG's biggest asset sale since being rescued by the government and reports of a bailout for Greece. The Dow Jones industrial average rose 60 points in late afternoon trading. The Nasdaq composite index led major indexes after a ...
<div><p>Europe's competition watchdog on Wednesday extended its probe into Kraft Foods Incorporated's hostile takeover bid for British confectionery group Cadbury after the US giant offered "remedies" to antitrust concerns.</p><p>European Commission competition authorities will not now come up with a judgment on Kraft's ...
<div><p>BOURNVILLE (Reuters) - British and Irish Cadbury <CBRY.L> workers kicked off a campaign to fight a hostile bid from Kraft Foods <KFT.N> on Tuesday vowing to pressure the UK government to do what it can to resist the bid.</p><p> ...
<div><p>British chocolate maker Cadbury on Monday rejected a hostile takeover offer from US giant Kraft Foods, describing the formal bid as "inadequate" and ramping up its defences.</p><p>"The board unanimously rejects Kraft's wholly inadequate offer as it substantially undervalues Cadbury and recommends shareholders ...
