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FBR deems new Chinese offer for Fairchild much-improved, thinks ON could counter

2015-12-31 09:56:51| Semiconductors - Topix.net

The revised $21.70/share bid for Fairchild Semi from a Chinese group includes an offer to pay the $70M termination fee Fairchild owes ON Semi if it abandons its $20/share deal to be acquired by ON. The Chinese group is also willing to give Fairchild a $108M reverse termination fee if U.S. regulators block the deal, and $215M under the same terms as the ON termination agreement.

Tags: on offer counter chinese

Intel 'Reloading' For Next Acquisition? This Analyst Thinks So

2015-12-30 18:15:21| Agriculture - Topix.net

Intel Corporation shares have appreciated 17.52 percent in the last three months, from $30 on October 1. According to the Macquarie report, comments made by Intel's head of M&A indicated that opex synergies from the deal would be minimal in the near term and that Intel intends to undertake more acquisitions in the near future. The company earlier expected the deal to be non-GAAP accretive on a free cash flow and earnings basis in the first full year after completion.

Tags: so intel acquisition analyst

Blogger Thinks Bridgestone-Pep Boys Merger Is a Done Deal

2015-12-18 02:31:29| Auto Parts - Topix.net

It looks like the bidding for Pep Boys-Manny, Moe & Jack is over. The winner? Bridgestone Corp., or Bridgestone Americas Inc. or Bridgestone Americas Retail Operations LLC .

Tags: deal boys blogger thinks

Gwyneth Paltrow Thinks Robbery At Her Goop Store Is Good Publicity

2015-12-11 22:32:56| Jewelry - Topix.net

Paltrow recently opened up a Goop pop-up shop in NYC, which was subsequently robbed just a few days later. According to the police, thieves broke open a cabinet and made off with $173,000 worth of merchandise .

Tags: good store thinks publicity