mergers and acquisitions – News Stories About mergers and acquisitions - Page 20

Jul 24, 2007 6:20 AM CDT

Bancrofts Mull Murdoch Buyout

Final decision on offer expected by end of week

(Newser) - The Bancroft family met yesterday in Boston to consider Rupert Murdoch's $5B offer for Dow Jones, but is expected to take at least until Friday to vote on the deal, Reuters reports. Christopher Bancroft, who opposes the sale, showed up sporting a baseball cap with the words "Bite me"...

XM, Sirius Say Post-Merger Prices Will Fall

Jul 23, 2007 3:55 PM CDT

XM, Sirius Say Post-Merger Prices Will Fall

Satellite-radio giants bid to overcome resistance with new subscription plans

(Newser) - In an attempt to lower resistance to their proposed merger, satellite radio providers Sirius and XM unveiled new pricing plans today that they say will cut subscription prices by 46%. The plans, which start at $6.99 as opposed to the current $12.95 per month standard price, also allow...

Whole Foods CEO Sorry for Web Subterfuge

Jul 18, 2007 6:15 AM CDT

Whole Foods CEO Sorry for Web Subterfuge

Online shenanigans draw board scrutiny along with SEC probe

(Newser) - The CEO of Whole Foods apologized yesterday for boosting his company and posting snide comments about a rival supermarket chain in Internet forums and said he "had fun doing it." John Mackey's actions over the last 8 years have already triggered an SEC investigation, and the company's board...

British Firm
Bags Samsonite for $1.7B

Jul 5, 2007 4:57 PM CDT

British Firm Bags Samsonite for $1.7B

Private equity group gets in on American buyout frenzy

(Newser) - CVC Capital, a British private equity firm, has bought out Samsonite, the American luggage line, in an all-cash deal worth $1.7B, BBC reports. CVC will pay $1.49 a share--12% more than the stock was worth Tuesday. Samonsite has had five owners in the last 21 years, as luggage...

Coca-Cola May Bid to Swallow Up Snapple

Jul 5, 2007 4:54 PM CDT

Coca-Cola May Bid to Swallow Up Snapple

Soft drink titan looking to juice up its portfolio

(Newser) - Coca-Cola is talking to private-equity firms about purchasing Cadbury Schweppes PLC's Snapple and Mott's brands, the Wall Street Journal reports. Coke is trying to expand its presence in the fast-growing market for noncarbonated drinks--namely juices, waters and ready-to-drink teas, like Snapple. Mott's includes apple juice and sauces, as well as...