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Men's Wearhouse's $1.6B bid for Jos. A. Bank backed by shareholder Eminence Capital
2014-01-13 16:50:42| Apparel - Topix.net
In a letter dated Monday, Eminence Capital LLC CEO Ricky Sandley said the deal provides "the best path" for shareholder value.
Orange loses bid for logo exclusivity in Spain
2014-01-13 01:00:00| Total Telecom industry news
Court refuses to allow mobile operator to protect its orange square brand after complaint from Jazztel.
BP loses bid over Gulf oil payouts
2014-01-12 12:45:50| BBC News | Business | UK Edition
BP loses an appeal to cancel the terms of its multi-billion-dollar settlement with businesses over the 2010 Gulf of Mexico oil spill disaster.
Riverbed shareholder makes USD 3 bln takeover bid
2014-01-09 09:32:00| Telecompaper Headlines
(Telecompaper) Riverbed Technology announced that it has received an unsolicited takeover bid from Elliott Management worth USD 19.00 per share in cash. The company's board will review the offer before commenting further. The bid values Riverbed at just over USD 3 billion. Elliot already holds a 10.5 percent stake in the company and has been pushing Riverbed to review its strategy. In a letter to the company in November, it called the stock "significantly undervalued". Riverbed then started working with Goldman Sachs to study strategic options, people with knowledge of the situation told Bloomberg.
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NuPathe shares soar on news of competing bid
2014-01-09 02:36:00| Biotech - Topix.net
NuPathe said in a Securities and Exchange Commission filing that Israel's Teva Pharmaceutical Industries Ltd. wants to buy the company for $3.65 in cash for each NuPathe share, plus up to $3.15 per share in payments if NuPathe's migraine treatment patch Zecuity reaches certain sales milestones.
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