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The Wall Street Journal: Icahn makes higher bid for Pep Boys

2015-12-07 23:17:31| Auto Parts - Topix.net

Icahn Enterprises on Monday offered to buy Pep Boys - Manny Moe & Jack for $15.50 a share in cash, casting doubt on Bridgestone Corp.'s previously announced purchase of the car-parts and repair company. reached a deal in October to be acquired by Japanese tire company Bridgestone for $15 a share, or about $835 million.

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Claro, Tigo to bid for Paraguay 4G spectrum

2015-12-07 11:10:00| Telecompaper Headlines

(Telecompaper) Paraguay's telecoms regulator Conatel has announced that the only two operators to submit bids for frequencies in the 4G spectrum were Claro (America Movil) and Tigo (Millicom) after Personal (Telecom Italia) decided against making an offer. Conatel launched its long-delayed 4G auction in October, having drawn criticism from operators and the GSMA over the terms of the licences and the excessively high basic cost, with a minimum of USD 15 million payable for each 5+5 MHz block. A total of six blocks are available in the 1,700-2100 MHz (AWS) band and the concessions will be granted for a period of five years. Conatel is set to release spectrum for LTE use in the 700 MHz and 2.6 GHz bands once it has completed its AWS auction.

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Detention centre firm in takeover bid

2015-12-07 03:41:16| BBC News | Business | UK Edition

Spanish infrastructure firm Ferrovial SA makes an all-cash takeover bid for the Australian detention centre operator Broadspectrum - formerly Transfield Services.

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Norfolk Southern rejects Canadian Pacific's $29bn takeover bid

2015-12-07 01:00:00| Railway Technology

US rail company Norfolk Southern (NS) has rejected a takeover offer of more than $29bn from Canadian Pacific (CP), saying the valuation is grossly inadequate and not in the best interests of the company and its shareholders.

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Norfolk Southern (NSC) Stock Derails, Rejects Canadian Pacific's Takeover Bid, Jim Cramer's Take

2015-12-04 17:08:03| Railroads - Topix.net

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