Shareholders OK Black & Decker, Stanley Works deal (AP)
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Fri, 12 Mar 2010 22:21:33 UTC
Shareholders approved a nearly $3.5 billion stock buyout Friday, clearing the final hurdle for Stanley Works to acquire Black & Decker.
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Terra Finally Accepts CF Industries Takeover Bid (at New York Times)
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Fri, 12 Mar 2010 21:19:16 UTC
CF Industries Holdings will acquire Terra Industries for $4.7 billion, ending one of the longest takeover battles in recent memory.
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The NBC Sale (the 30 Rock Version) (at New York Times)
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Fri, 12 Mar 2010 21:11:05 UTC
A little over three months since Comcast agreed to buy a majority stake in NBC Universal from General Electric, the deal finally got the 30 Rock treatment it was bound to get.
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MGM Mirage to Sell Borgata Stake (at The Wall Street Journal)
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Fri, 12 Mar 2010 18:39:25 UTC
MGM Mirage to Sell Borgata Stake Casino operator MGM Mirage agreed to sell its 50% stake in the Borgata Hotel Casino in Atlantic City in a settlement with New Jersey gambling regulators.
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2 electric utilities in Maine to merge (AP)
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Fri, 12 Mar 2010 18:34:53 UTC
Two of Maine s larger electric utilities would merge under an agreement announced Friday, creating a greater impetus for a north-south power transmission line for wind farms.
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EU mergers and takeovers (March 12) (at Reuters)
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Fri, 12 Mar 2010 15:38:56 UTC
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS:
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UPDATE - MGM Mirage to sell stake in New Jersey casino (at Reuters)
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Fri, 12 Mar 2010 15:24:31 UTC
* Settlement with state allows sale of Borgata stake * Settlement must be approved by state commission * MGM plans to push forward with Macau plans
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Deals of The Day: Lehman Examiner s Report, The Day After (at The Wall Street Journal)
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Fri, 12 Mar 2010 14:43:28 UTC
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MGM Mirage to sell Borgata stake in deal with N.J. (at MarketWatch)
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Fri, 12 Mar 2010 14:31:00 UTC
MGM Mirage reaches a deal with New Jersey regulators to sell its stake in the Borgata casino-hotel in Atlantic City, apparently throwing in the towel in the gambling behemoth’s battle over the suitability of its joint-venture partner in Macau.
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Takeover talk targets UK housebuilding (at Financial Times)
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Fri, 12 Mar 2010 14:25:18 UTC
Shares in UK housebuilders rose sharply this week amid rumours that Persimmon, the second largest company in the sector, was lining up one of its rivals for an acquisition.
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Gold Prices Sideways Amid M&A (at TheStreet.com)
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Fri, 12 Mar 2010 13:50:24 UTC
Rising gold prices this year have been driving a wave of acquisition activities in the sector with at least three major deals being announced this week
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CVC sells Paperbox Holdings to Japan s Oji (at Reuters)
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Fri, 12 Mar 2010 10:13:33 UTC
Private equity fund CVC Partners has agreed to sell Paperbox Holdings Ltd to Japan s Oji Paper Co Ltd for an undisclosed amount, Oji said on Friday.
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Financial stocks push FTSE 100 higher (at Financial Times)
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Fri, 12 Mar 2010 08:50:28 UTC
London shares opened a little higher on Friday, capping off one of the least volatile weeks of the year, amid a lively revival of merger and acquisition activity.
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Deals of the day -- mergers and acquisitions (at Reuters)
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Fri, 12 Mar 2010 04:45:55 UTC
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0430 GMT on Friday.
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[$$] Traders Test Buyout Strategies (at The Wall Street Journal)
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Fri, 12 Mar 2010 01:43:29 UTC
Options Traders Test Buyout Strategies Deal speculation is stoking action in the likes of Emulex, GameStop and Wyndham Worldwide. But not all options-trading strategies are created equal.
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Fast Action: Using Options To Game M&A (at CNBC)
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Thu, 11 Mar 2010 22:28:53 UTC
Looking to game the next merger or acquisition? You might want to consider playing it with options?
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US takeover defences come tumbling down (at Financial Times)
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Thu, 11 Mar 2010 21:30:22 UTC
US companies are finding themselves increasingly exposed to unwanted takeover attention after a dismantling of companies poison pills prompted by pressure from corporate governance activists.
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Terex agrees to sell 2 businesses (AP)
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Thu, 11 Mar 2010 21:11:21 UTC
Construction equipment maker Terex Corp. said Thursday it has agreed to sell its Atlas heavy construction equipment and knuckle-boom crane businesses.
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GameStop Gains on Takeover Rumors (at TheStreet.com)
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Thu, 11 Mar 2010 20:57:12 UTC
GameStop is rising as takeover rumors surface regarding the video game retailer.
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UPDATE - Northern Trust eyes possible acquisition targets (at Reuters)
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Thu, 11 Mar 2010 20:01:25 UTC
* Northern might eye takeovers as rivals expand footprints * Fund administrators, asset managers would be of interest
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[$$] Abu Dhabi s Mubadala Buys Stake in Raine Group (at The Wall Street Journal)
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Thu, 11 Mar 2010 18:14:57 UTC
Mubadala Buys Stake in Raine Abu Dhabi s Mubadala said it has agreed to take a 9% stake in boutique merchant bank Raine Group, bolstering the emirate s ambitions to become a major media and entertainment player.
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[$$] Thanachart Bank to buy Siam stake (at The Wall Street Journal)
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Thu, 11 Mar 2010 18:01:22 UTC
Siam City Bank Sees Deal Thanachart Bank will buy a 47.58% stake in Siam City Bank in a deal worth $2.08 billion, making it Thailand s second-largest deal in the financial sector.
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Interstate Hotels & Resorts holders approve deal (AP)
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Thu, 11 Mar 2010 17:17:03 UTC
Lodging real estate investment trust and hotel manager Interstate Hotels & Resorts Inc. said Thursday that its shareholders have approved a $307 million buyout by Hotel Acquisition Co.
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UPDATE - Azur to acquire Elan s painkiller Prialt (at Reuters)
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Thu, 11 Mar 2010 16:39:57 UTC
* Azur to acquire Prialt from Elan * Financial terms of the transaction not disclosed * Acquisition expected to close in Q2
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