Takeover Bids


  • NEW YORK, Feb 2- Jos. A. Bank Clothiers Inc on Sunday rejected yet another offer by rival Men's Wearhouse Inc, the latest in a prolonged acquisition battle between the two men's clothing retailers. In response to Men's Wearhouse offer last week that it is open to sweetening its spurned buyout offer under certain conditions, Jos.

  • *Not clear whether Bidvest will raise stake further. JOHANNESBURG, Jan 31- South Africa's Bidvest said it had raised its stake in drugmaker Adcock Ingram to over 34 percent, enough to block a rival $1.2 billion bid and prompt Adcock to seek urgent talks with its Chilean suitor.

  • Jan 30- Men's Wearhouse Inc said it was open to sweetening its spurned buyout offer for Jos. A. Bank Clothiers Inc- under certain conditions- and called on independent directors of the smaller men's clothing chain to reconsider its bid.

  • CEO Rob Marcus, who took over Jan. 1, kicked off the conference call saying he is committed to creating shareholder value and that Charter's recent bid to acquire Time Warner Cable significantly undervalues our company. Marcus also dismissed the notion that Time Warner Cable is behind Charter in any way.

  • Jan 30- Time Warner Cable Inc, which recently rejected a takeover offer from Charter Communications Inc, posted better-than-expected quarterly results as its high-speed data subscribers opted for expensive plans.

  • BUDAPEST, Jan 28- The bank that tried to take over Raiffeisen's Hungarian operations this month has a single branch with just two cash desks for customers. Its failed bid to swallow up the foreign lender's 123- branch operation offers several clues to the future of Prime Minister Viktor Orban's nationalist economic policy.

  • Jan 27- Chinese online game developer Shanda Games Ltd received a buyout offer from its controlling shareholders that values the company at $1.9 billion, highlighting the growing popularity of online gaming in China. Shanda Games shares were up 12 percent at $6.34 in morning trading on Monday. Shanda Games said its board was reviewing the offer.

  • ADM to increase stake in Graincorp     Thursday, 28 Nov 2013 | 9:31 PM ET

    Australian Treasurer Joe Hockey will allow Archer Daniel Midland to lift its stake in Graincorp to 24.9 percent. CNBC's Matthew Taylor reports.

  • Icahn reports large stake in medical device maker Thursday, 21 Nov 2013 | 10:25 AM ET
    Carl Icahn, billionaire investor and chairman of Icahn Enterprises Holdings LP

    Activist investor Carl Icahn reported a 12.63 stake in medical device maker Hologic, prompting the company to seek protection from a hostile takeover

  • Best fit to take over BlackBerry?     Thursday, 17 Oct 2013 | 2:47 PM ET

    With a takeover of Blackberry looming, CNBC's Jim Cramer says the security and intellectual property of Blackberry is invaluable.

  • Twitter creating a staggering board     Thursday, 3 Oct 2013 | 5:35 PM ET

    CNBC's Kayla Tausche reports Twitter is staggering its board so it is less susceptible to a takeover.

  • Should Microsoft buy BlackBerry?     Thursday, 12 Sep 2013 | 2:28 PM ET

    BlackBerry has underperformed recently, while Microsoft is on a tear. Peter Misek of Jefferies, weighs in on whether Microsoft should buy BlackBerry.

  • Faber Report: 3 options for Dell     Tuesday, 30 Jul 2013 | 9:39 AM ET

    CNBC's David Faber reports the latest details on Michael Dell and Silver Lake's attempts to take the PC maker private, and provides an update on Community Health's attempts to acquire Health Management Associates for $3.9 billion.

  • Still hope for Dell: Pro     Thursday, 18 Jul 2013 | 9:13 PM ET

    Despite the postponement of the shareholder vote, David Eaton, Vice President of Proxy Research at Glass Lewis, says 11th-hour backing from some large investors shows there is more support for Michael Dell's buyout plan than initially thought.

  • Icahn: I would really like to own Dell     Thursday, 18 Jul 2013 | 10:10 AM ET

    One person with a lot at stake in the Dell shareholder decision is Carl Icahn, reports CNBC's Scott Wapner.

  • Dell's fate still uncertain     Thursday, 18 Jul 2013 | 10:05 AM ET

    Dell shareholder Norm Peters provides perspective on the adjournment of Dell's shareholder meeting and the future of the PC maker.

  • Dell does not have enough votes: Report     Thursday, 18 Jul 2013 | 8:45 AM ET

    According to Reuters it appears Michael Dell does not have enough shareholder votes to take his company private, reports CNBC's Andrew Ross Sorkin.

  • Texas showdown for Dell shareholders     Thursday, 18 Jul 2013 | 8:14 AM ET

    CNBC's Jackie DeAngelis provides a preview of what to expect from today's possible shareholder vote on Michael Dell and Silver Lake's proposed acquisition of the PC maker. And Scott Wapner has an update on Carl Icahn's opposition to the deal, with Joe Weisenthal, Business Insider executive editor.

  • Peltz's PepsiCo play     Thursday, 18 Jul 2013 | 7:51 AM ET

    Evan Staples, Nuveen Asset Management, discusses the likelihood of Pepsi making a run for Mondelez.

  • Icahn raises the stakes for Dell     Thursday, 18 Jul 2013 | 7:17 AM ET

    Kenneth Squire, 13-D Monitor, shares his thoughts on shareholder activism and discusses the likely fate of Michael Dell's plans to take his company private, as activist investor Carl Icahn fuels opposition to the deal.