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Press: Viagra drug firm Pfizer has made a tentative bid AstraZeneca
2014-04-20 16:41:47| Biotech - Topix.net
Anglo-Swedish drugmaker AstraZeneca could be valued at more than A 60billion after a tentative takeover approach from Viagra manufacturer Pfizer, a press report said today.
Bankruptcy judge rules against American Airlines' bid to quickly end retiree benefits
2014-04-19 02:12:43| Airlines - Topix.net
A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees.
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Telus agrees new bid for Mobilicity
2014-04-18 09:36:00| Telecompaper Headlines
(Telecompaper) Mobilicity has reached a new agreement to be acquired by Telus for CAD 350 million. Mobilicity has been under protection from creditors since September last year. Last year it agreed a sale to Telus for CAD 380 million, but the deal was blocked by the Canadian government, which said it would not allow one of the new entrants on the mobile market after the spectrum auction in 2008 to be swallowed up by a larger incumbent. After the five-year moratorium on spectrum sales expired, Mobilicity said it expects the new transaction to gain regulatory approval, as it should not impact competition. The sale to Telus is expected to provide continuity of service for its 165,000 customers as well as its staff and suppliers. The company said it attracted five bidders in its sale process, with only Telus' offer deemed acceptable. Approximately 95 percent of the holders of Mobilicity's senior unsecured debt due 2018 support the transaction and have agreed to vote in favour of the plan. Completion also remains subject to court approval.
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Beijing's bid to move polluting firms watched warily in nearby regions
2014-04-17 11:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: China's capital has ordered more than 50 companies to shut down this year in an effort to cut pollution but pushing factories out could raise objections in surrounding areas reluctant to host Beijing's polluters. Smog-shrouded Beijing and the surrounding province of Hebei have become a front in a "war against pollution" declared by Premier Li Keqiang last month. But experts say efforts to cut coal consumption and industrial output in big cities like Beijing is likely to put pressure on other...
NADA Report: Dealers Bid Aggressively to Replenish Used Inventory
2014-04-17 06:02:15| AutomotiveDigest.com - Automotive Industry News
Jonathan Banks Senior Director NADA Used Car Guide Wholesale prices shot up 3.7% in March, far behind Februarys 2.2% increase and NADA Used Car Guides 1% forecast for the month. It was the highest rate in three years caused by dealers having blocked purchases because of harsh weather in January and February, and then […] The Article NADA Report: Dealers Bid Aggressively to Replenish Used Inventory appeared first on Automotive Digest.
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