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Waste Connections-Progressive Waste 'Committed' To Merger After Tax Inversion Selloff
2016-04-05 20:01:46| Waste Management - Topix.net
Shares of Allergan plc Ordinary Shares plunged more than 16 percent on Tuesday after the U.S. Treasury Department and Internal Revenue Service revamped their efforts to limit U.S.-based companies from participating in tax inversion deals. Waste Connections, Inc. , a U.S.-based integrated municipal solid waste services company that provides solid waste collection, announced earlier this year it plans on acquiring Progressive Waste Solutions Ltd , a Canada-based peer.
Tags: tax
committed
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merger
The government is pushing back against a merger Bill Ackman has been after for months
2016-04-05 18:09:07| Railroads - Topix.net
Activist investor Bill Ackman , chief executive of Pershing Square Capital, speaks with specialist trader Michael Cacace, at the post where Valeant Pharmaceuticals International Inc. is traded on the floor of the New York Stock Exchange November 10, 2015. The head of the House Transportation and Infrastructure Committee has expressed his opposition to a merger between railroad companies Norfolk Southern and Canadian Pacific.
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US House Transportation chief opposes CP/Norfolk Southern merger
2016-04-05 17:10:48| Railroads - Topix.net
The Republican chairman of the U.S. House Transportation and Infrastructure Committee announced his opposition on Tuesday to a proposed railroad merger between Canadian Pacific Railway Ltd and Norfolk Southern Corp. "I do not believe it is in the best interests of the U.S. freight transportation system, railroad employees, rail shippers and the short line railroads," the House panel chief, Representative Bill Shuster, said in a statement.
Tags: house
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transportation
Orange, Bouygues end merger talks
2016-04-01 19:13:00| Telecompaper Headlines
(Telecompaper) Orange and Bouygues have brought an end to their discussions to merge their French telecom operations, saying they were unable to reach a final agreement. The talks started in January on merging France's number one and number three operators and are thought to have faltered in the end on how big of a stake Bouygues would get in Orange in return for its telecom assets. Bouygues said in a statement that it was unable to secure terms on four important points: what would happen to its employees joining Orange, its stake in Orange and control as a major shareholder, the execution risk of the merger and the valuation. Bouygues added that the possibility of consolidation on the French market now appears impossible.
Orange, Bouygues extend merger talks
2016-03-31 08:50:00| Telecompaper Headlines
(Telecompaper) Orange announced that its board of directors met on 30 March to discuss the talks regarding a possible consolidation with Bouygues Telecom. The board found that the negotiations were not sufficiently advanced yet and will meet again by 03 April to examine the results of the discussions. Bouygues' board issued a nearly identical statement. "At its meeting of 30 March 2016, Bouygues' Board of Directors noted that the negotiations between Orange and Bouygues had not progressed sufficiently. Therefore, it will meet before the end of the weekend in order to make a final decision whether to pursue the merger plan or not."
Tags: orange
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