CAIRO, Dec 24- Kellogg Co, the world's largest maker of breakfast cereals, raised its bid for Egyptian snack maker Bisco Misr on Wednesday, topping a rival offer from UAE's Abraaj in an intensifying $144 million takeover battle. Kellogg's latest bid, for 89.86 Egyptian pounds per share, came on the heels of an offer earlier in the day by Abraaj Asset Management for...» Read More
Men's Wearhouse has rejected an acquisition bid from its smaller rival, saying the offer significantly undervalues the company, reports CNBC's Courtney Reagan.
Jim Cramer weighs in on the Joseph A. Bank offer to acquire Men's Warehouse. MW refused the deal.
Apollo is asking Cooper for a price cut on the $2.5 billion deal, reports CNBC's David Faber.
Blake Irving, Go Daddy CEO, explains how NASCAR's Danica Patrick is helping his company re-brand, and shares his thoughts on Microsoft's succession plan.
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Trevor Fetter, Tenet Healthcare president and CEO, discusses the benefits of acquiring Vanguard Health after the passing of the Affordable Care Act.
CNBC's Maria Bartiromo spoke with Canadian Prime Minister Stephen Harper about the fate of BlackBerry. Ben Parr, CNET columnist, is skeptical of Fairfax's deal for BlackBerry, and John Spallanzani, GFI Group says, "it would be a black eye for Canada if BlackBerry goes down."
David Marcus, PayPal president, discusses the details of his company's $800 million acquisition of payments company Braintree.
The Nikkei news is reporting that Japanese housing maker Lixil Group is going to buy Germany¿s kitchen and bath maker Grohe for 4 billion dollars. Sachiko Kishida reports.
Dan Niles, Alpha One Capital Partners, reacts to Fairfax's $9 per share offering of BlackBerry. "Take your money and leave" he says. He explains why he is buying Apple today.
BlackBerry has struck a deal with Fairfax Financial, Apple sold 9 million of its new iPhone devices, and Microsoft unveils its 2nd generation Surface tablet. CNBC's Josh Lipton has the details.
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Shares of LinkedIn are down today after the company announced plans to raise $1 billion in a share offering; reports CNBC's Julia Boorstin.
Microsoft will buy Nokia's mobile business for nearly $7.2 billion. CNBC's Jon Fortt reports investors aren't yet convinced Nokia devices will pay off. Daniel Ives, FBR Capital Markets, and Christina Warren, Mashable, weigh in.
Brendan Barnicle of Pacific Crest Securities addresses whether Microsoft had to buy a hardware company to keep its Windows business relevant and calls it a risky deal for the software giant.
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After 4 generations of family ownership, The Washington Post is selling its publishing business to Amazon CEO Jeff Bezos. Will he bring change to the company? Mark Walsh, Sirius XM; Hugh Hewitt, Townhall.com; and Michael Medved, syndicated radio host, discuss.
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