Wilmington, Del., Jan 30- Hedge funds lost a court bid to get extra cash for their shares of online family research site Ancestry.com Inc, in a ruling involving an increasingly popular hedge fund strategy. A Delaware judge ruled on Friday that a private equity firm paid a fair value of $32 per share in 2012 to acquire Ancestry.com and rejected hedge fund claims the...» Read More
The "Squawk on the Street" crew discusses Coca-Cola's 16.7 percent stake in Monster Beverage for about $2.2 billion in cash. Under the agreement Coke will have two directors on Monster's board.
BOSTON, Aug 14- Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on takeover target Allergan Inc during the second quarter.
SAO PAULO, Aug 14- Brazilian juice maker Cutrale and the Safra Group, a banking and real estate conglomerate, said late on Thursday they were "extremely disappointed" that the board of Chiquita Brands International Inc rejected their takeover offer, adding that they are "considering all alternatives."
SAN FRANCISCO, Aug 14- Samsung Electronics Co Ltd will buy SmartThings, a startup backed by PayPal co-founder Max Levchin that helps connect household devices, one of its largest U.S.-startup acquisitions to date.
Aug 14- U.S. securities regulators are looking at the hostile takeover bid made by billionaire investor William Ackman and Valeant Pharmaceuticals for Botox maker Allergan Inc, a person familiar with the matter said on Thursday.
SAO PAULO, Aug 14- Telecom Italia SpA on Thursday confirmed its interest in acquiring Vivendi SA's Brazilian broadband unit GVT SA, challenging a surprise 6.7 billion euro bid by Telefonica SA.
Eric Affeldt, Clubcorp president & CEO, reveals plans to expand the reach of golf to include the entire family. It's a game that's a heck of a lot of fun for people of all ages, says Affeldt.
BOSTON, Aug 13- Harvard Management Co, which oversees the Ivy League school's $32.7 billion endowment, took a new position in surgical device maker Covidien Plc during the second quarter before news of a planned takeover helped push the stock price higher, a regulatory filing shows.
NEW YORK, Aug 13- Biotechnology company InterMune Inc is working with financial advisers to evaluate strategic options as it braces for potential takeover interest from larger drugmakers, people familiar with the matter said.
Aug 13- Health Care REIT Inc said it had agreed to acquire Canada's HealthLease Properties Real Estate Investment Trust in a deal valued at $950 million. Health Care REIT will pay C $14.20 in cash for each HealthLease share, which represents a premium of 31 percent to HealthLease's Monday closing.
Aug 11- Juice maker Cutrale and investment firm Safra Group said on Monday they had offered to acquire U.S.-based Chiquita Brands International Inc in a $610.5 million cash deal that rivaled an all-stock agreement with Irish tropical fruit company Fyffes Plc. The combined market value of Chiquita and Fyffes is currently close to $1 billion.
*KKR teams up with Rhone Capital for $3.1 bln takeover offer. HONG KONG, Aug 12- A KKR& Co- led takeover of Australia's Treasury Wine Estates Ltd would likely lead to a long and drastic overhaul, resulting in a much smaller but more profitable company, bankers familiar with the matter said.
HOUSTON, Aug 11- The biggest U.S. pipeline company, Kinder Morgan Inc, will gain new muscle to acquire rivals after it consolidates as a single company and buys out investors in its publicly traded units for $44 billion, its CEO said on Monday. Kinder Morgan Inc said on Sunday it would put all its units under one roof.
HOUSTON, Aug 11- Kinder Morgan Inc as a combined company would be able to make sizable acquisitions in the natural gas and crude oil pipeline and processing sector, Chief Executive Officer Rich Kinder told investors on a conference call on Monday.
Darren Huston, Priceline Group president & CEO, discusses the company's quarterly earnings and partnership with Ctrip. Huston says Ctrip will help them bring Chinese customers to their business around the world.
Aug 11- Juice maker Cutrale Group and Brazilian investment firm Safra Group said on Monday they have offered to acquire Chiquita Brands International Inc in a cash deal that valued the banana distributor's equity at $610.5 million.
Aug 11- Juice maker Cutrale Group and Brazilian investment firm Safra Group said on Monday they had offered to acquire Chiquita Brands International Inc in a cash offer that valued the banana distributor's equity at $610.5 million.
*BCI launches friendly $237 mln offer for Iron Ore Holdings. SYDNEY, Aug 11- BC Iron Ltd has launched a friendly cash and share offer worth around A $256 million for smaller rival Iron Ore Holdings Ltd, the second takeover in a month aimed at beefing up production in Australia's main iron ore region.
The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.
HONG KONG, Aug 8- Canadian private equity firm Altas Partners LP and pan Asia firm Baring Private Equity Asia have acquired a substantial stake in St George's University in Grenada, the university said on Friday.