Blog Network

Buyouts

post thumbnail

Yahoo and Microsoft Begin Talks (MSFT, YHOO)

Microsoft Corporation (NDAQ: MSFT) executives met with Yahoo Inc. (NDAQ: YHOO) today to discuss the proposed takeover offer, according to people familiar with the matter. This would be the first such meeting since Microsoft made its unsolicited buyout offer was made and subsequently rejected. The meeting was not so much a negotiation as an attempt […]

Popularity: 69% [?]

14Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Icahn Sees Value in Enzon (ENZN)

Enzon Pharmaceuticals (NDAQ: ENZN) shares rose today after activist investor Carl Icahn disclosed a 6.93% stake and suggested that the pharmaceutical company explore strategic alternatives in a Schedule 13D filing with the SEC. The billionaire financier insisted that management conduct a comprehensive review of strategic transactions that could enhance shareholder value. In particular, Icahn suggested […]

Popularity: 82% [?]

14Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Conseco Shares Undervalued (CNO)

Conseco, Inc. (NYSE: CNO) shares have been halved during the past 52 weeks and at least one large investor insists that the stock is substantially undervalued in a Schedule 13D/A filing with the SEC. The insurance holding company’s shares dropped after it fell under scrutiny for improperly reporting benefits and liabilities for insurance products. In […]

Popularity: 100% [?]

14Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Electronic Arts Takes Two (TTWO)

Take-Two Interactive (NDAQ: TTWO) may have to do a double-take after Electronic Arts (NDAQ: ERTS) launched a hostile $2 billion tender offer directly to its shareholders. The $26 per share offer is four percent higher than TTWO’s closing price yesterday and a 64 percent premium to the pre-takeover price. Electronic Arts says the bid will […]

Popularity: 75% [?]

13Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

WaMu Rises on Buffett Rumors (WM, GS, WFC)

Washington Mutual, Inc. (NYSE: WM) shares rose today on speculation that Warren Buffett and Goldman Sachs (NYSE: GS) may be preparing to invest in the company. Shares jumped nearly 20 percent yesterday and continued their rise today after falling to a 12-year low earlier in the week. Many investors believe that the cash-rich Buffett may […]

Popularity: 85% [?]

12Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Activist Demands Vaalco Sale (EGY)

Vaalco Energy Inc. (NYSE: EGY) shares were revitalized today after the company’s largest shareholder demanded a sale in a Schedule 13D filing with the SEC. The news comes after shares in the company fell around 30% in 2007 compared to a 45% rise in its peer group during the same period. Meanwhile, the company’s expenditures […]

Popularity: 33% [?]

12Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Time for a Spin-Off (TWX, TWC)

Time Warner Inc. (NYSE: TWX) appears to finally be tuning into the idea of a spin off of its cable division. The media company has been conducting a formal review of how to divest its 84% stake in Time Warner Cable (NYSE: TWC), but depressed cable valuations have somewhat limited its options. Interestingly, the proposed […]

Popularity: 37% [?]

12Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Things Heating Up at Tecumseh (TECUA)

Tecumseh Products Company (NDAQ: TECUA) may provide relief from the heat for its customers, but its shares are quickly heating up. Stock in the hermetic compressor manufacturer rose nearly 15 percent in early trading after a large shareholder suggested that the company put itself up for sale in a Schedule 13D/A filing with the SEC. […]

Popularity: 28% [?]

11Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Many Interested in Buying Spanish Broadcasting (SBSA)

Spanish Broadcasting System, Inc. (NDAQ: SBSA) directors are starting to feel the heat after a large shareholder criticized the company’s stock performance and governance while promising to take action if things do not improve, according to a Schedule 13D filing with the SEC. Discovery Group, which owns a 9.8 percent stake, sent a letter to […]

Popularity: 46% [?]

6Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Circuit City Faces the Music (CC)

Circuit City Stores, Inc. (NYSE: CC) directors may be forced to fight for their job after a major shareholder proposed an ouster of the entire board in a Schedule 13D/A filing with the SEC. Mark Wattles’ Wattles Capital Management, which owns a 6.5 percent stake, also proposed to repeal any bylaw amendments or new bylaws […]

Popularity: 27% [?]

4Mar2008 | Justin Kuepper | 0 comments | Continued
Older Entries