Leigh Drogen, Estimize CEO, discusses his "Mergerize" platform, and CNBC contributor Herb Greenberg, discuss if it is ever a good idea to invest in a company based on takeover speculation.» Read More
According to Reuters, Actavis plans to make a new approach for a takeover of Allergan. CNBC's Dominic Chu reports Allergan would be open to sale at a price over $200 a share.
*Glencore approached Rio Tinto about a merger in July. *Rio says no talks with Glencore after rejecting bid. MELBOURNE/ LONDON, Oct 7- Rio Tinto has rejected a takeover approach from smaller rival Glencore Plc, snubbing a blockbuster deal that would have created a $160 billion mining and commodities trading giant.
Sept 26- Family Dollar Stores Inc said certain state attorneys general have notified the company that they will investigate larger rival Dollar General Corp's takeover bid over competitive concerns. Family Dollar spurned Dollar General's sweetened $9.1 billion all-cash bid earlier this month, saying the offer still did not address antitrust concerns.
Family Dollar Stores Inc said certain state attorney generals have notified it that they will investigate Dollar General Corp's takeover bid.
UnitedHealth Group has put in a bid for Portugal's Espirito Santo Saude, the hospital business of the indebted Espirito Santo family, Portugal's CMVM market regulator said on Thursday.
Sept 25- Hedge fund ValueAct Capital said on Thursday it would return to the board of directors of Valeant Pharmaceuticals International Inc, which is pursuing a hostile takeover offer for Allergan Inc, and that it planned to increase its stake in the company.
Sept 22- Auxilium Pharmaceuticals Inc said its board had determined that Endo International Plc's $2.2 billion takeover offer "significantly undervalues" the company, but left the door open for talks on a possible deal.
Sept 17- Auxilium Pharmaceuticals Inc said it would not withdraw its offer to buy Canadian eye drug maker QLT Inc and adopted a poison pill, a day after receiving an unsolicited buyout offer from Endo International Plc.
Sept 17- Auxilium Pharmaceuticals Inc adopted a poison pill with a 15 percent trigger, a day after an unsolicited $2.2 billion buyout offer from Endo International Plc.
TOKYO, Sept 17- Japanese government bond prices rebounded on Wednesday after an auction of 1.2 trillion yen 20- year JGBs drew solid bids, pulling yields back from 3- month highs. The 10- year JGB yield dropped 2.0 basis points to 0.555 percent, having reversed an earlier rise to a three month-high of 0.580 percent.
After Heineken rebuffed SABMiller's takeover proposal, CNBC's Morgan Brennan takes a look at global beer consumption.
CNBC's David Faber speaks to Ken Lowe, Scripps Networks Interactive chairman & CEO, about consolidation and if Scripps would entertain a takeover bid.
Sept 10- Dollar General Corp took its $9.1 billion offer for Family Dollar Stores Inc hostile, directly approaching the shareholders of its smaller rival after being spurned twice by the company.
CNBC's David Faber reports Dollar General has gone hostile in its bid for Family Dollar. Faber says Family Dollar is proceeding with its plans to be bought by Dollar Tree in a deal for less than what Dollar General is offering.
CNBC's David Faber reports General Mills is buying Annie's for about $820 million. Cramer breaks down the dynamics of the acquisition.
SAO PAULO, Sept 8- Banana producer Chiquita Brands International Inc has postponed a shareholder vote on a plan to merge with Fyffes Plc in order to engage in discussions with Safra Group and Grupo Cutrale regarding a $611 million unsolicited takeover bid.
SAO PAULO, Sept 8- Banana producer Chiquita Brands International Inc adjourned a shareholder vote on a plan to merge with Fyffes Plc in order to engage in discussions with Grupo Cutrale and Safra Group regarding a $611 million unsolicited takeover bid.
Sept 8- Banana producer Chiquita Brands International Inc said Fyffes Plc has granted it a waiver to engage in discussions with Cutrale and Safra Group regarding their $611 million takeover bid. Chiquita, which last month rejected the bid from the Brazilian companies, has been attempting to close a merger with Fyffes, announced in March.
Sept 8- Banana producer Chiquita Brands International Inc said Fyffes Plc has granted a waiver to engage in discussions with juice maker Cutrale and investment firm Safra Group regarding their $611 million takeover bid. Chiquita said it has sent a letter to the two firms, saying it was willing to hear another offer.
Sept 5- Family Dollar Stores Inc rejected Dollar General Corp's sweetened takeover bid, saying the offer still did not address antitrust concerns, raising the prospect that the No. 1 U.S. deep discount chain will go "hostile" with its offer.