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Norfolk Southern rejects Canadian Pacific's 'grossly inadequate' buyout bid
2015-12-04 13:58:18| Railroads - Topix.net
The railroad company said on Nov. 17 that it received a buyout bid, in which Norfolk shareholders would received $46.72 in cash and 0.348 shares in a new company that would own the new combined company, for each Norfolk share they own. At the time, that worked out to about a 10% premium.
Tags: southern
bid
canadian
norfolk
US judge rejects Honda and Takata bid
2015-12-04 03:12:20| BBC News | Business | UK Edition
A US judge rejects a bid by Takata and Honda to end a class action lawsuit representing millions of owners of cars with potentially faulty airbags.
Suncor extends, but doesn't sweeten, hostile takeover bid for Canadian Oil Sands
2015-12-04 02:46:58| Oil & Gas - Topix.net
Oilsands giant Suncor Energy has extended its hostile takeover bid for its smaller peer Canadian Oil Sands until Jan. 8, but it hasn't sweetened the offer. The all-stock bid - worth nearly $4.5-billion based on Thursday's closing share price - was to have expired Friday.
Tags: oil
bid
canadian
extends
UK bid to review 3UK/O2 merger rejected
2015-12-04 01:00:00| Total Telecom industry news
Brussels insists it is better placed than Competition and Markets Authority to examine U.K. mobile tie-up.
Tags: review
bid
rejected
merger
UPDATE 2-U.S. court rejects Sequenom bid to restore prenatal DNA test patent
2015-12-03 00:57:53| Biotech - Topix.net
Dec 2 A U.S. appeals court refused on Wednesday to reconsider its decision invalidating a Sequenom Inc prenatal DNA test patent, a decision that could put in doubt the validity of a wide range of medical and biotechnology patents. The U.S. Court of Appeals for the Federal Circuit in Washington said in June the patent was not eligible for legal protection because it fell under the U.S. Supreme Court's rule against patenting natural phenomena.
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