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September 5, 2008 5:19:21 PM CDT



Mergers & Acquisitions track this thread

Started by J Kelman; Last updated May 17, 08 9:58 AM CDT by SeacoastNH | View history

Mergers & Acquisitions

Private equity may be Wall Street's favorite fad diet, but sometimes a good, old-fashioned takeover is just what the market ordered

Stories

Stories 161 - 180 of 246

  • December 2007
    • Discovery Will Go Public

      Discovery Will Go Public

      (Newser) - Discovery Communications will go public, upping the media company’s ability to make deals while opening it to shareholder and Wall Street opinion. The “MythBusters” and “LA Ink” broadcaster will be able to spend more on new programming and acquire other businesses more readily. Analysts expect shares to trade in the $30 range when they’re offered publicly in 2008's second quarter. More »

    • DJ Formally Approves Sale to News Corp.

      DJ Formally Approves Sale to News Corp.

      (Newser) - Dow Jones shareholders formally approved the company’s $5.6 billion sale to Rupert Murdoch's News Corporation; the closing is expected later today. The outcome was clear before today’s meeting, but the vote’s margin had been uncertain, as many Bancroft shareholders—whose voting stake was 64.2%—have been cold towards the sale that will end a century of family ownership, the Wall Street Journal reports. More »

    • Northwest's Merger Plans Still 'Evolving'

      Northwest's Merger Plans Still 'Evolving'

      (Newser) - Northwest Airlines is "very, very actively looking" for a merger partner, a company executive told Wall Street analysts yesterday, but it is uncertain whether such consolidation is more likely to be approved by the Bush administration or its successor, the Minneapolis Star Tribune reports. Analysts say Delta—known to be contemplating mergers, as is United—would be the best match with Northwest. More »

    • Vivendi to Buy Activision

      Vivendi to Buy Activision

      (Newser) - Vivendi, producer of mega-hit World of Warcraft , today announced plans to merge operations with Activision, forming an independent video game behemoth to rival EA. Vivendi will buy 52% of Activision for $1.7 billion and $27.50 per share, the Times reports, a premium on Friday’s $22.15 closing price. Then Activision, re-dubbed Activision Blizzard, will take in all Vivendi’s game operations. More »

  • November 2007
    • Sirius, XM Stocks Rise as Merger Looms

      Sirius, XM Stocks Rise as Merger Looms

      (Newser) - XM Satellite Radio and Sirius stock prices got a boost Friday when an analyst predicted the Justice Department won't block Sirius from buying out the larger XM. Morning trade saw XM shares jump 9.4% and Sirius shares 4.6%, reports CNN. The analyst said that shares could hit $20 and $4.50, respectively, if the deal goes through. More »

    • Banks Seeking Cash Spur New Merger Round

      Banks Seeking Cash Spur New Merger Round

      (Newser) - An informal merger overture from Bank of America to cash-starved Citigroup was recently rejected, the Wall Street Journal reports, in favor of a smaller, $7.5 billion infusion from the Abu Dhabi government, approved by the bank today. But the offer, quickly disavowed by BoA, underscores the fact that a new round of opportunistic deals may be in the making as more and more financial firms are forced to replenish their capital reserves. More »

    • Hewlett-Packard Nixes BEA Buy

      Hewlett-Packard Nixes BEA Buy

      (Newser) - “We are the Switzerland of these heterogenous environments,” a Hewlett-Packard exec said by way of explaining why his company is not interested in acquiring BEA, after BEA rejected an offer from Oracle as too low. HP is a partner of BEA’s, the company's software chief said, but HP has similar relationships with BEA rivals. More »

    • Microsoft to Buy Yahoo: Blogger

      Microsoft to Buy Yahoo: Blogger

      (Newser) - Microsoft wants to buy Yahoo, blogs Huffington Post’s Henry Blodget—there’s no other way to interpret comments made by a honcho Thursday that the Bill Gates brand plans to up its online search market share from its current 10% to 30%. Do the math, says Blodget: Acquiring Yahoo’s 19% share would “instantly” put Microsoft at about 30% (Google boasts 67%). More »

    • United, Delta in Merge Talks

      United, Delta in Merge Talks

      (Newser) - United Airlines and Delta are in talks to merge and create the nation's largest airline, the AP reports. The new airline would keep the United name and surpass American as the nation's biggest. Delta's CEO denied that any specific talks are under way, but the company said it had formed a committee to consider all its options, including mergers, the Wall Street Journal says.  More »

    • IBM to Buy Canada's Cognos for $5B

      IBM to Buy Canada's Cognos for $5B

      (Newser) - IBM will buy Cognos for $5 billion, the latest in a rash of “business intelligence” software acquisitions. The move could help IBM keep up with SAP AG and Oracle, each of which recently teamed with similar companies, the AP reports. The purchase price is a 9% premium over Cognos’ Friday close; both companies’ stocks rose on the news. More »

    • Sirius, XM Union May Have Listeners Singing the Blues

      Sirius, XM Union May Have Listeners Singing the Blues

      (Newser) - For anyone doubting that a merger between Sirius and XM would harm the satellite radio industry by forcing listeners to go through a single provider, the Washington Post’s Marc Fisher has two words: cable TV. Fisher argues that for all of the advantages any union may produce, ultimately it would result in fewer channels, inferior customer service, and higher prices. More »

    • Deal Could Forge Mining Goliath

      Deal Could Forge Mining Goliath

      (Newser) - The biggest mining company in the world is aiming to get even bigger. BHP Billiton's $142 billion bid for Rio Tinto has been turned down, but the firm is still keen to make a deal, reports the Wall Street Journal . The deal would be the second-largest in history, and the combined company would dominate world production of some key minerals. More »

  • October 2007
    • Icahn: BEA Will Sell, or I Will Oust the Board

      Icahn: BEA Will Sell, or I Will Oust the Board

      (Newser) - Having held out on a time-sensitive $6.7 billion offer from Oracle, BEA Systems management now faces a charge to oust them by billionaire shareholder Carl Icahn, who wields a massive 13.2% stake in the company, the AP reports. BEA says it will not entertain any offer that values it at less than $21 per share -- Oracle offered $17 per share — but to appease Icahn it hinted at other possible buyers. More »

    • Oracle Drops $6.7B Offer for BEA Buyout

      Oracle Drops $6.7B Offer for BEA Buyout

      (Newser) - Software mogul Oracle made good today on its threat to drop a $6.7 billion offer to buy BEA systems, after the latter failed to meet the October 28 deadline. Oracle said BEA shareholders should "not assume" it will renew the offer, though it did not rule out the possibility, either, if shareholders were to force the company's hand, the Financial Times writes. More »

    • Top China Bank Buys Record $5.6B Stake in African Lender

      Top China Bank Buys Record $5.6B Stake in African Lender

      (Newser) - Prodded by Beijing to invest in developing countries, China's massive state-owned bank has inked a deal to buy 20% of South Africa's Standard Bank for $5.6 billion, marking the largest Chinese investment ever in Africa. ICBC, flush with cash, is eager to provide financial services to Chinese companies increasingly active in the Horn of Africa, Reuters reports. More »

    • BEA Says It’s Worth $8.2B

      BEA Says It’s Worth $8.2B

      (Newser) - The board of BEA Systems responded to a time-sensitive takeover offer from Oracle today, valuing itself at $8.2 billion—fully $1.5 billion more than the database giant's bid. Oracle’s $17-a-share offer, now two weeks old, will expire on Sunday evening if BEA doesn’t act on it. But the fiercely independent middleware company says a sale at that figure simply isn’t in its “best interests,” the Journal reports. More »

    • Tech Giant Cisco Will Buy WiMax Firm for $330M

      Tech Giant Cisco Will Buy WiMax Firm for $330M

      (Newser) - Cisco Systems announced yesterday that it will purchase WiMax innovator Navini Networks for $330 million in cash and stock, Fortune reports. WiMax is similar to existing wireless technology except that its signals can be received by computers up to five miles away. Cisco's acquisition represents a reversal of previously held skepticism about the technology. More »

    • Antsy Oracle Sets BEA Takeover Deadline

      Antsy Oracle Sets BEA Takeover Deadline

      (Newser) - Software giant Oracle is growing impatient as it attempts to take over BEA Systems, a smaller and fiercely independent tech organization. Oracle offered on Oct. 9 to buy BEA for $6.7 billion, or $17 a share, which BEA considers too low. But the company hasn't  formally rejected the offer, and now Oracle has issued an ultimatum: sign by Sunday or the deal is off, reports the Wall Street Journal. More »

    • Mergers Can't Keep Telecom From Free Fall

      Mergers Can't Keep Telecom From Free Fall

      (Newser) - This quarter was supposed to see the start of a fightback for the beleaguered telecommunications industry. But the bad news keeps coming: Ericsson has warned investors to prepare for a sharp drop in profits, Nokia is still losing money and firing thousands of workers, and Alcatel-Lucent is already seeking a new business plan after its recent merger. More »

    • Interim Sprint Chief Aims to Refocus Brand

      Interim Sprint Chief Aims to Refocus Brand

      (Newser) - Last week's abrupt departure of Sprint's CEO capped the third-place company's struggles with its 2005 acquisition of Nextel, declining share price, and massive customer losses. Interim chief Paul Saleh tells the Washington Post he has a plan to get back to basics that he says will include rallying his workforce and focusing on doing fewer things, but doing them very well. More »

Stories 161 - 180 of 246

This image released by The Field Musem in Chicago shows a painting...   (Getty Images)
US NEWS GATORWRESTLERS 1 FL   (KRT Photos)
The Yahoo tent at the Consumer Electronics Show (CES) is seen in Las Vegas, Monday, Jan. 7, 2008. Battered by slow revenue growth and the popularity of social networking Web sites, Yahoo! Inc. is poised...   (Associated Press)
El gráfico muestra el precio de las acciones y ganancias de Microsoft Corp. y Yahoo Inc.; 2c 96,3 mm x 153,5 mm   (Associated Press)
This combination of two photos shows Microsoft founder Bill Gates, left, and Yahoo CEO Jerry Yang. Microsoft Corp. on Friday, Feb. 1, 2008 pounced on slumping Internet icon Yahoo Inc. with an unsolicited...   (Associated Press)
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Background

Mergers and Acquisitions
Wikipedia

The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to...

» Read more about Mergers and Acquisitions at Wikipedia

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