GO
Loading...

Takeover Bids

More

  • Ackman: Herbalife is going to collapse     Monday, 21 Jul 2014 | 12:45 PM ET
    Bill Ackman

    Pershing Square's Bill Ackman says he'll show evidence that Herbalife is a massive fraud.

  • Ackman: Will not raise offer for Allergan     Monday, 21 Jul 2014 | 12:31 PM ET

    Bill Ackman, Pershing Square, explains why he is not upping his bid for Allergan. The market clearly thinks the chance of Valeant buying Allergan has gone up, says Ackman.

  • Big pharma battle escalates     Monday, 21 Jul 2014 | 12:30 PM ET

    CNBC's Meg Tirrell reports Allergan posted Q2 results that beat on earnings and sales, as the company announced its restructuring plans, which may include an acquisition of its own.

  • Allergan to cut 1,500 employees in restructuring Monday, 21 Jul 2014 | 8:44 AM ET

    Botox maker Allergan will cut about 13 percent of its workforce as part of a push to become more efficient while it fights a hostile takeover bid from Valeant Pharmaceuticals. Allergan Inc. has rejected several takeover attempts from Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman's Pershing Square Capital Management.

  • Early movers: GM, AGN, VRX, HAS, V, MA, IBM & more Monday, 21 Jul 2014 | 8:00 AM ET
    Traders work the floor of the New York Stock Exchange before the closing bell in New York.

    Some of the names on the move ahead of the open.

  • Valeant complains to regulators about Allergan Monday, 21 Jul 2014 | 7:07 AM ET
    Michael Pearson, CEO of Valeant Pharmaceuticals.

    Valeant has complained to regulators that claims made by Allergan to counter a hostile takeover are misleading, sources have told CNBC.

  • July 17- Gentiva Health Services Inc rejected Kindred Healthcare Inc's offer to buy a stake in the home healthcare services provider in favor of a $634.2 million buyout offer from an unnamed party. The offer values Gentiva at about $634.2 million based on the 36.8 million shares outstanding as of March 7.

  • Gentiva gets buyout offer, rejects Kindred's proposal Thursday, 17 Jul 2014 | 4:52 PM ET

    July 17- Gentiva Health Services Inc rejected Kindred Healthcare Inc's offer to buy a stake in the home healthcare services provider in favor of a buyout offer from an unnamed party. Gentiva said it got a $17.25 per share buyout offer from "a recognized owner, operator and investor in the sector" on Thursday.

  • July 17- Allergan Inc, trying to fend off a hostile takeover bid from Valeant Pharmaceuticals International Inc, has thrown up obstacles to a special shareholders meeting, its biggest investor said on Thursday.

  • July 17- Allergan Inc, trying to fend off a hostile takeover bid from Valeant Pharmaceuticals International Inc, has stacked the odds against a special shareholders meeting, its biggest investor said on Thursday.

  • SYDNEY, July 17- An Australian court on Thursday approved the takeover of Australia's David Jones Ltd by South Africa's Woolworths Holdings Ltd, clearing a final hurdle for the $2 billion deal. Shareholders of both companies have already voted in favour of the A $4.00 per share bid for Australia' No.2 department store by sales.

  • BOSTON, July 16- To clinch a deal to buy Time Warner Inc, Rupert Murdoch's Twenty-First Century Fox Inc will not only need to raise the value of its bid above $80 billion but also boost its ratio of cash to stock, investors said on Wednesday.

  • Business Highlights Wednesday, 16 Jul 2014 | 5:50 PM ET

    Rejected Fox bid for Time Warner shows growth mood. NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.

  • *Intel gains on earnings, outlook; semiconductors rally. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner Inc shares jumped 17.1 percent to $83.13 and ranked as the S&P 500' s best performer after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.

  • A look at Time Warner and Twenty-First Century Fox Wednesday, 16 Jul 2014 | 1:16 PM ET

    Although Time Warner Inc. said Wednesday that it rejected last month's takeover bid from Twenty-First Century Fox Inc., a person familiar with the matter said that Fox Chairman and CEO Rupert Murdoch is determined, but disciplined, in continuing to pursue a deal.

  • *Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 16.4 percent to $82.63 as the best performer on the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.

  • If Time Warner-FOX deal happens     Wednesday, 16 Jul 2014 | 1:13 PM ET

    CNBC's Julia Boorstin provides insight to the reaction in shares of cable companies after a $80 billion takeover offer from 21st Century Fox for Time Warner was rejected.

  • Close look at Time Warner's rejection     Wednesday, 16 Jul 2014 | 12:48 PM ET

    CNBC's Andrew Ross Sorkin provides insight to the $80 billion takeover offer from 21st Century Fox for Time Warner, which was rejected.

  • AP Top Extended Financial Headlines At 12:10 p.m. EDT Wednesday, 16 Jul 2014 | 12:10 PM ET

    Murdoch's Twenty-First Century Fox says Time Warner rebuffed takeover bid; Worth about $76 B US stocks move higher on earnings reports; Time Warner soars on Murdoch bid Confidence among US homebuilders surges as sales outlook for single-family homes improves Younger Americans wait to buy homes because of changes in marital status, education and race Bank of America's income falls, takes $4 billion of litigation costs; Settles with AIG Workers, union seek to keep 3 endangered Atlantic City casinos open US factory output rises for 5th straight month in June, boosting economy after dismal 1 Q US producer prices up 0.4 percent in June on rising gas costs; overall inflation still mild Foreign holdings of US Treasury rise in May; China ups holdings for first time since January Airbus A380s tested over air leak problems with the doors

  • AP Top Extended Financial Headlines At 11:29 a.m. EDT Wednesday, 16 Jul 2014 | 11:29 AM ET

    Murdoch's Twenty-First Century Fox says Time Warner rebuffed takeover bid; Worth about $76 B US stocks rise in early morning trading on earnings reports; Time Warner soars on Murdoch bid Confidence among US homebuilders surges as sales outlook for single-family homes improves Younger Americans wait to buy homes because of changes in marital status, education and race Bank of America's income falls, takes $4 billion of litigation costs; Settles with AIG US factory output rises for 5th straight month in June, boosting economy after dismal 1 Q US producer prices up 0.4 percent in June on rising gas costs; overall inflation still mild Foreign holdings of US Treasury rise in May; China ups holdings for first time since January BMW recalls 1.6 M 3- Series cars to fix air bag problem that's affecting global auto industry Italy's Gtech buying slot machine maker International Game Tech for $4.7 B in cash and stock