Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 2, 2008 7:45:01 AM CST



Mergers & Acquisitions track this thread

Started by J Kelman; Last updated 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 121 - 140 of 295

<< Prev 1 ... 3 4 5 6 7 8 9 10 11 ... 15 Next >>
  • April 2008
    • Delta, Northwest Close to Merger After Revived Talks

      Delta, Northwest Close to Merger After Revived Talks

      (Newser) - Delta and Northwest Airlines are readying a merger that could be announced as soon as Tuesday, reports the Wall Street Journal . But disputes over the deal’s financial terms and handling of pilot seniority threaten to scuttle the union. Negotiations between the two carriers broke down last week but were revived this weekend with the hope of reaching an agreement by tomorrow. More »

    • Yahoo Merger Could Level Online Ad Market

      Yahoo Merger Could Level Online Ad Market

      (Newser) - Winds of a Yahoo-Microsoft merger have sparked a “nuclear war” in the online-advertising world—and the Google-dominated market could soon see major changes, the Wall Street Journal reports. “Nothing short of a new world order in this space is up for grabs,” says an expert. As Yahoo and Microsoft mull joining forces with each other (or perhaps other partners), consolidation could create healthy competition. More »

    • Yahoo Board Meets as Buyout Options Grow

      Yahoo Board Meets as Buyout Options Grow

      (Newser) - Yahoo's board meets today to examine the options for avoiding a hostile takeover by Microsoft, the Wall Street Journal reports. Experts think a Microsoft grab is still the most likely scenario, but the situation has grown increasingly complicated in the midst of discussions of an AOL-Yahoo merger, Yahoo's proposed trial of Google ads, and rumors of News Corp. joining Microsoft's side. More »

    • Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

      Yahoo, AOL May Merge; Murdoch-Microsoft In Talks

      (Newser) - Two groundbreaking Internet deals are in the works, both related to Microsoft's desire to take over Yahoo, the Wall Street Journal reports. In one, Yahoo is considering combining its online operations with Time Warner's AOL. In the other, Rupert Murdoch's News Corp. is in talks to join Microsoft in its bid to acquire Yahoo.  More »

    • Yahoo Investor Calls Microsoft Threat a Blunder

      Yahoo Investor Calls Microsoft Threat a Blunder

      (Newser) - Yahoo received a tepid endorsement from its second-largest shareholder yesterday as its takeover battle with suitor Microsoft continued to heat up, the Wall Street Journa l reports. Legg Mason, which holds a 7% stake in Yahoo, said it would back an independent Yahoo before it would sell its stake at a reduced price—and Microsoft's CEO "blundered" by threatening to go that route. More »

    • Discover Gobbles Up Diners Club

      Discover Gobbles Up Diners Club

      (Newser) - Discover Financial Services is moving into the global credit card market with its acquisition of Diners Club International from Citigroup, Bloomberg reports. The $165 million deal gives Discover a foothold in the 185 countries outside North America where Diners has a presence, which will add revenue at a time when Americans are struggling to pay their credit card bills.  More »

    • Murdoch Heir's Deal for Aussie Media Mainstay Falls Apart

      Murdoch Heir's Deal for Aussie Media Mainstay Falls Apart

      (Newser) - A $3 billion bid for control of Australia's Consolidated Media Holdings by Rupert Murdoch’s son, Lachlan, is dead in the water after Murdoch’s financial backers and CMH—a major magazine and TV player—failed to agree to a price for the takeover, the Australian reports today. The original deal set a $4.80 share price; Murdoch’s equity partners, Providence Equity Partners, would only pay $4.60. More »

    • Novartis, Nestle Agree to $39B Deal on Alcon

      Novartis, Nestle Agree to $39B Deal on Alcon

      (Newser) - Nestle and pharma giant Novartis continued swapping brands today, with Novartis, which sold Gerber to Nestle last year, agreeing to pay $39 billion for a 77% stake in eye-care company Alcon, reports the Wall Street Journal . The two-step deal—Novartis will pay $11 billion for 74 million shares this year and buy the remaining shares by 2011—is among the largest in Swiss history. More »

    • Microsoft and Yahoo: Second Date, Still No Kiss

      Microsoft and Yahoo: Second Date, Still No Kiss

      (Newser) - Microsoft and Yahoo execs met again this week, but the software maker refused to raise its takeover offer and the two sides failed to make progress toward an agreement. Yahoo won’t enter formal negotiations unless Microsoft increases its Jan. 31 cash-and-stock bid, then worth $44.6 billion and now about $42 billion, sources told the Wall Street Journal . More »

    • Sinking Market Forces New Venture-Capital Strategies

      Sinking Market Forces New Venture-Capital Strategies

      (Newser) - Venture capitalists are watching economic indicators carefully, trying to find safer places to put their mountains of money, CNET reports. The stats on first-quarter VC activity will land soon, and though experts don't expect dollar totals to have waned, players are “under pressure to invest in quality companies that have a clear business model,” one watcher said. More »

    • Microsoft Standing Pat on Yahoo Bid

      Microsoft Standing Pat on Yahoo Bid

      (Newser) - Microsoft is standing pat on its $44.6 billion offer for Yahoo, with no intention of upping its ante, reports the Wall Street Journal. The software maker’s Jan. 31 bid—worth $31 per share—was rejected by Yahoo as undervalued. Since then, pundits have waited for Microsoft to raise its bid, possibly as high as $40. More »

  • March 2008
    • Diller's Trials Far From Over After IAC Verdict

      Diller's Trials Far From Over After IAC Verdict

      (Newser) - Barry Diller might have won control over e-commerce company IAC/InterActiveCorp from rival John Malone in court Friday, but the CEO’s real trials have just begun. With the economy tanking and credit markets tightening, Diller’s plan to break up IAC into five “baby Barrys”—including Ticketmaster and the Home Shopping Network—might be tough to pull off, the Wall Street Journal reports. More »

    • Pernod Spirits High After $8.3B Absolut Buy

      Pernod Spirits High After $8.3B Absolut Buy

      (Newser) - French liquor giant Pernod Ricard's spirits were soaring after its $8.34 billion bid won it ownership of Sweden's state-owned Vin & Spirit, the parent company of Absolut vodka. Pernod topped US-based Fortune Brands in an auction for the purchase, the Wall Street Journal reports, and is now the wine and spirit industry's co-leader. More »

    • Delta-Northwest Deal May Be Back On, Without Pilot Input

      Delta-Northwest Deal May Be Back On, Without Pilot Input

      (Newser) - Northwest is trying to resuscitate the Delta merger that nearly went through in February with a deal that wouldn’t need pilot agreements or include anticipated salary increases, the Wall Street Journal reports. The pilots' inability to agree on seniority rules appeared to derail the deal, which didn't require labor agreements; both parties want it fast-tracked so the Bush Justice Department staffers will still be in a position to vet it. More »

    • Chinese Law Muddles Microsoft Bid for Yahoo

      Chinese Law Muddles Microsoft Bid for Yahoo

      (Newser) - A new anti-monopoly law in China could interfere with Microsoft’s bid for Yahoo, the New York Times reports. Because Yahoo owns 40% of Alibaba, China’s biggest e-commerce business, Beijing could demand approval of the deal along with the US and the EU. “I don’t think anyone has worked through the issue of where an Internet merger should be reviewed,” said a law professor. More »

    • Clear Channel, Buyers Sue Banks Over Soured Deal

      Clear Channel, Buyers Sue Banks Over Soured Deal

      (Newser) - The two private-equity firms set to buy Clear Channel sued the group of banks they had engaged to fund the deal, the Wall Street Journal reports. Joined by Clear Channel, Bain Capital and Thomas H. Lee Partners accused the c