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Constellation shares up on $1 billion Ballast Point bid
2015-11-18 04:49:58| Beverages - Topix.net
Constellation Brands, which owns Corona and Robert Mondavi wines, is seeing shares rise after the announcement that it is acquiring San Diego-based craft brewery Ballast Point for $1 billion. Constellation shares up on $1 billion Ballast Point bid Constellation Brands, which owns Corona and Robert Mondavi wines, is seeing shares rise after the announcement that it is acquiring San Diego-based craft brewery Ballast Point for $1 billion.
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Biz Break: PMC-Sierra prefers Skyworks bid of $2.24 billion
2015-11-17 02:25:42| Electronics - Topix.net
Today: Sunnyvale-based PMC-Sierra said it will stick with an all-cash bid by Skyworks Solutions, spurning a cash-and-stock offer from Microsemi, a decision that apparently was driven, in part, by the terrorist attacks in Paris. Sunnyvale-based PMC-Sierra said it will stick with an all-cash bid by Skyworks Solutions, spurning a cash-and-stock offer from Microsemi, a decision that apparently was driven, in part, by the terrorist attacks in Paris.
Biz Break: PMC-Sierra prefers Skyworks bid of $2.24 billion
2015-11-17 00:52:40| Semiconductors - Topix.net
Today: Sunnyvale-based PMC-Sierra said it will stick with an all-cash bid by Skyworks Solutions, spurning a cash-and-stock offer from Microsemi, a decision that apparently was driven, in part, by the terrorist attacks in Paris. Sunnyvale-based PMC-Sierra said it will stick with an all-cash bid by Skyworks Solutions, spurning a cash-and-stock offer from Microsemi, a decision that apparently was driven, in part, by the terrorist attacks in Paris.
PMC sticks with all-cash bid from Skyworks
2015-11-16 15:19:00| Telecompaper Headlines
(Telecompaper) Chipmaker Microsemi gave PMC-Sierra three working days to decide whether its reiterated offer was better than a rival bid from Skyworks and now has its answer. PMC's board has unanimously determined, after receiving the advice of financial advisors and legal counsel, that the Microsemi proposal of 9 November is not superior to its existing agreement with Skyworks in light of stock market volatility exacerbated by recent geopolitical events. The board said Skyworks' all-cash proposal provides more value certainty to PMC stockholders than the stock-and-cash offer from Microsemi. Under the agreement, Skyworks will buy 100 percent of PMC for USD 11.60 per share. The PMC board continues to recommended Skyworks' restated merger agreement and recommends against the Microsemi proposal.
Premarket Biotech Digest: Mylan's Perrigo Bid, MannKind Rallies, Merck's Setback
2015-11-13 23:38:00| Biotech - Topix.net
Click this Mylan shares are up more than 11% in pre-market trading today as the company's takeover bid for Perrigo is likely to fail. MYL had launched a hostile bid for PRGO earlier this year.
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