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Dov Charney is preparing a $300 million takeover bid for American...
2016-01-11 12:28:13| Apparel - Topix.net
Dov Charney, the founder and former CEO of American Apparel who was kicked out of the company by his own board in 2014, is preparing a $300 million bid to buy the company back and reinstate himself as CEO. Charney is backed by Hagan Capital Group and Silver Creek Capital Partners, and their private equity unit PressPlay Group, according to a press release seen by Business Insider.
Tags: american
million
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Xchanging Urges Shareholders to Accept CSC Bid; No Superior Bid Expected
2016-01-11 10:03:42| IT Services - Topix.net
Outsourcing company Xchanging Plc said it did not expect a superior cash offer from Ebix Inc and urged shareholders to accept a bid from U.S.-based Computer Sciences Corp. Insurance software company Ebix had in November made a 450 million pound takeover approach for Xchanging, which offers services ranging from back-office invoice processing to insurance claims settlement. Ebix has not confirmed that it will be able to make a superior offer or provided evidence that it would be able to finance such an offer, Xchanging said.
Tags: expected
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Texas Instruments, Analog Devices drop potential Maxim bid: Bloomberg
2016-01-08 23:56:17| Semiconductors - Topix.net
Chipmakers Texas Instruments Inc and Analog Devices Inc have decided not to pursue an acquisition of Maxim Integrated Products Inc at this time, Bloomberg reported, citing people familiar with the matter. View of the entrance of the research building of Texas Instruments France firm in Villeneuve-Loubet near Nice December 18, 2012.
Tags: potential
instruments
texas
drop
Bid to raise A 1 million for Scotland's flood victims
2016-01-08 21:40:47| Energy - Topix.net
Foundation Scotland is seeking to raise around A 1 million for individuals and families hit by the recent downpours through its Flood Recovery Appeal. The Fund has launched with A 50,000 already committed from the charity's clients, including Scottish and Southern Energy.
Tags: million
bid
raise
victims
Two unions join chorus against Canadian Pacific's Norfolk Southern bid
2016-01-08 19:17:37| Railroads - Topix.net
Two trade unions representing workers at No. 4 U.S. railroad Norfolk Southern Corp have joined a growing chorus of opposition to an unsolicited bid from Canadian Pacific Railway Ltd, one in an unpublished letter sent to the U.S. rail regulator and the other in an interview with Reuters.
Tags: join
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canadian
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