CNBC's Dominic Chu provides a timeline of Bill Ackman's stake in Allergan.» Read More
Activism in the long-term is not only bad for shareholders but also bad for the economy as a whole, says Martin Lipton, Wachtell, Lipton, Rosen & Katz, expressing his views on shareholder activism. Also Lipton shares his thoughts on the two categories of hedge fund activism.
Eileen Nugent, Skadden, Arps, Slate, Meagher & Flom, and Robert Spatt, , Simpson Thacher & Bartlett, discuss go-shop deals in the M&A environment and the latest LBO buzz from New Orleans.
PARIS, March 20- Conglomerate Bouygues re-opened the battle to buy France's second biggest telecoms provider SFR on Thursday with a new offer less than a week after owner Vivendi began exclusive talks with rival bidder Numericable.
*Say 200 SEK/ share bid does not reflect full value of Scania. STOCKHOLM/ BERLIN, March 18- Scania's minority shareholders should reject Volkswagen's 6.7 billion euro bid, the Swedish truckmaker's independent directors said, underlining a rift between its German main owner and remaining Swedish investors.
*Say does not reflect full value of Scania. *VW offered 200 SEK per share; Scania ended Monday at 195.9. STOCKHOLM, March 18- Scania's minority shareholders should reject Volkswagen's 6.7 billion euro bid, the Swedish truckmaker's independent directors said, underlining a deep rift within the company.
LONDON, March 18- European stocks edged lower on Tuesday, led by truckmaker Scania after it rejected a takeover offer and with traders apprehensive about the next stage in the Ukraine crisis. Scania fell 3.4 percent, the FTSEurofirst 300' s top faller, after rejecting a takeover offer from Volkswagen, saying it was too low.
WASHINGTON, March 13- Lions Gate Entertainment Corp admitted on Thursday it failed to disclose to investors in 2010 the steps it took to thwart a hostile takeover bid by billionaire Carl Icahn, as part of a major settlement with U.S. regulators.
WASHINGTON, March 13- Entertainment company Lions Gate Entertainment Corp admitted on Thursday to misleading investors in 2010 when it was facing a hostile takeover and agreed to pay $7.5 million to settle civil charges, U.S. regulators announced.
*BASF's Wintershall, Mikhail Fridman, MOL still in the race- sources. With operations in 14 countries including Germany, Britain, Norway and Egypt, DEA employs nearly 1,400 and accounted for about 9 percent of RWE's operating profit last year.
March 10- Chipmaker Montage Technology Group said it received a buyout offer from a Chinese state-owned company, valuing it at about $600 million. Shanghai Pudong Science and Technology Investment Co Ltd offered to buy Shanghai- based Montage for $21.50 per share in cash.
PARIS, March 6- Bouygues on Thursday made an offer for larger telecom rival SFR, which promises a bigger potential payday for seller Vivendi than a competing offer from Numericable but has more regulatory risks.
March 3- Osisko Mining Corp has settled a lawsuit it filed against Goldcorp Inc in reaction to Goldcorp's hostile takeover bid for the Canadian gold miner, a move that might lead to a negotiated deal or buy Osisko time to find a white knight.
March 3- Men's Wearhouse Inc said it had entered into a non-disclosure agreement with Jos. A. Bank Clothiers Inc and received a draft merger agreement from the smaller company. A. Bank rejected Men's Wearhouse's revised $1.78 billion takeover offer last week, but said it would be willing to discuss a higher bid. Men's Wearhouse raised its cash tender offer to Jos.
Feb 28- Network gear maker Riverbed Technology Inc rejected Elliott Management's raised bid of $3.36 billion, saying the hedge fund's offer undervalued the company. Elliott on Tuesday increased its offer by $2 to $21 per share and said it could raise the bid if allowed access to Riverbed's books for due diligence. Goldman, Sachs& Co is advising Riverbed.
Feb 28- Network gear maker Riverbed Technology Inc rejected Elliott Management's unsolicited bid to buy the company for $3.36 billion, saying the hedge fund's offer undervalued the company.
Sam Zell, Equity Group Investments chairman, shares his thoughts on the strength of the U.S. economy. We have to focus on growth, says Zell. James Bullard, Federal Reserve Bank of St. Louis president and CEO, weighs in.
Sam Zell, Equity Group Investments chairman, discusses backing an activist campaign to unseat the board and management of CommonWeath, a real estate investment trust that owns more than 300 office buildings.
A. Bank, Men's Wearhouse shares up in after-market trading. Feb 27- Men's apparel retailer Jos. A. Bank Clothiers Inc rejected Men's Wearhouse Inc's revised takeover offer calling it inadequate, but said it was willing to talk with its larger rival about a higher bid.
Feb 27- Men's apparel retailer Jos. A. Bank Clothiers Inc rejected Men's Wearhouse Inc's revised takeover offer, calling it inadequate, but said it was willing to talk with its larger rival about a higher bid. Men's Wearhouse on Monday raised its cash tender offer to Jos.
CNBC's Scott Wapner reports Dan Loeb's Third Point will nominate three members to Sotheby's board of directors including Loeb himself.