A U.S. appeals court decision to revive antitrust proceedings against Whole Foods Market’s takeover of rival Wild Oats may be too little too late to resurrect the organic market, but that might not be the point. S&P points out that Wild Oats is being quickly digested. The appeals court rejected Whole Foods’ argument that the […]
Posted on July 30th, 2008 by
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Republic Services Inc’s move to adopt a poison pill to ward off unwanted suitor Waste Management Inc typifies the recent jump in such defensive tactics by companies under attack.
Republic, the third-largest U.S. trash hauler, adopted a poison pill, or shareholder rights plan, on Monday to thwart “disruptive and coercive” acquisition tactics. Republic had agreed to […]
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The marathon satellite merger for Sirius and XM is finally complete. (Check out the new “Sirius XM Radio” logo, above, provided by Sirius.)
That means new channel options, new pricing options, new radios — eventually.
We want to know if you care. Does the prospect of having Oprah and Howard Stern on your radio make […]
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From Silicon Alley Insider, July 29, 2008:T. Boone Pickens recently revealed his (dubious) secret to investing: Just do whatever Carl Icahn does. Unfortunately, when it came to the 10 million shares T. Boone scarfed up of Yahoo, the strategy backfired. T.
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Updated from 2:38 p.m. EDT Stocks were rallied sharply Tuesday afternoon as crude prices slipped to a 12-week low.Update: Closing at its high of the day, the Dow rose 266.50 points, or 2.4%, to 11,397.56
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PE Hub’s Connie Loizos has an interview with Craig Cooper, who recently joined the VC firm founded by Israeli billionaire and media mogul Haim Saban:
Saban Capital quietly entered the business of venture capital a few months ago, adding an early-stage digital media practice to his seven-year-old, L.A.-based investment company, Saban Capital Group. For the uninitiated, […]
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Analysts are applauding Merrill Lynch’s attempt to cut its losses and raise more capital, but investors may be forgiven if they take the company’s remarks with several large grains of sodium chloride. CEO John Thain repeatedly insisted that Merrill was well-capitalized over the last eight months, yet the bank still had to go back for […]
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Wired is known for out-of-the-box covers. But when it put notorious Manhattan media lightening rod Julia Allison on its cover, blogs and Twitters lit up from the Valley to New York. People loved it and people hated it– just like Allison herself. But they
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