So Cadbury has succeeded in convincing the UK’s Takeover Panel — the City of London body which polices M&A — to slap a “put up or shut up” order on Kraft.
Kraft now has until Nov. 9 to decide whether to make a formal offer for the British confectionery group. If it decides to walk away, […]
Posted on September 30th, 2009 by
Filed under: options news, stock news | No Comments »
In zombie films, the dead walk the earth and slowly annihilate the living. Such a frightening prospect may be in store for Europe, the Reuters Restructuring Summit was told.
Banks are one of the big problems, speakers said, as they are unwilling to take the size of write-downs necessary to cut firms’ debts down to a […]
Posted on September 30th, 2009 by
Filed under: options news, stock news | No Comments »
It’s official. Kraft has until Nov. 9 to say whether it will make an offer for Cadbury. If it doesn’t, it had to back off for six months. In the three weeks since Cadbury turned up its nose at Kraft’s $16.3 billion cash-and-share offer. In that time, price talk has centered on how much Kraft […]
Posted on September 30th, 2009 by
Filed under: options news, stock news | No Comments »
French food group Danone has agreed to sell its 51 percent stake in its joint ventures with China’s Wahaha group, putting an end to legal proceedings related to the disputes between the two. In 2007, Danone accused Wahaha of illegally setting up parallel business outside their ventures.
McGraw-Hill Cos is leaning toward selling its money-losing BusinessWeek magazine to Bloomberg LP, a person familiar […]
Posted on September 30th, 2009 by
Filed under: options news, stock news | No Comments »
Stocks aren’t as cheap as they once were but there’s plenty of buying opportunities, even for a value manager. Thanks to ultra-low interest rates and money on the sidelines, risk appetite for stocks has further potential to grow, says Kent Croft, founder
Sphere: Related Content
Posted on September 30th, 2009 by
Filed under: stock news | No Comments »
With the global economy heating up again (perhaps literally), the energy sector has dramatically outperformed off the March lows. Although crude prices have fallen sharply in recent days, alternative plays continue to attract attention. …
Sphere: Related Content
Posted on September 30th, 2009 by
Filed under: stock news | No Comments »
Buoyed by a resurgent market, the once dormant M&A market is alive and well. The new week ushered in more than $30 billion in announced deals. That brings the total value of deals announced this month to nearly $200 billion, up from $125 b
Sphere: Related Content
Posted on September 30th, 2009 by
Filed under: stock news | No Comments »
After a year of giving generously, it seems like the government is finally pushing back on the banks. The FDIC this morning is expected to propose banks pay three years of fees to help shore up its dwindling insurance fund. The effort would raise between
Sphere: Related Content
Posted on September 30th, 2009 by
Filed under: stock news | No Comments »
