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Will Merck (MRK) Stock be Helped by EC Approval of $17 Billion Sigma-Aldrich Deal?
2015-06-15 22:35:48| Chemicals - Topix.net
Editor's Note: Story has been updated to reflect the purchase of Sigma-Aldrich by German Merck not the American Merck as was previously reported NEW YORK -- Merck shares are down 0.84% to $34.39 in trading Monday but could rebound after regulators at the European Commission approved the company's $17 billion acquisition of American life science company Sigma-Aldrich this afternoon, according to Reuters . The EC said that the decision is conditional on the divestment of certain Sigma-Aldrich assets, including manufacturing facilities in Merck's home country of Germany.
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OTT TV & video revenues to rocket to $51 billion
2015-06-15 08:40:47| Digital TV News
Global OTT TV and video revenues will reach $51.1 billion in 2020; a massive increase from the $4.2 billion recorded in 2010 and the $26.0 billion expected in 2015, according to a report from Digital TV Research.
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In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
2015-06-15 00:23:53| Chemicals - Topix.net
In a country with a record of hostility toward foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an $8 billion merger seen vital to the transfer of leadership at South Korea's top conglomerate. Hundreds of Samsung C&T Corp's small stakeholders have converged on a public web forum in recent days to protest what they say is a low-ball all-stock takeover offer from Cheil Industries Inc , an affiliate of Samsung Group and the conglomerate's de facto holding company.
In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
2015-06-15 00:09:41| Electronics - Topix.net
In a country with a record of hostility toward foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an $8 billion merger seen vital to the transfer of leadership at South Korea's top conglomerate. Hundreds of Samsung C&T Corp's small stakeholders have converged on a public web forum in recent days to protest what they say is a low-ball all-stock takeover offer from Cheil Industries Inc , an affiliate of Samsung Group and the conglomerate's de facto holding company.
In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
2015-06-14 23:53:03| Semiconductors - Topix.net
In a country with a record of hostility toward foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an $8 billion merger seen vital to the transfer of leadership at South Korea's top conglomerate. Hundreds of Samsung C&T Corp's small stakeholders have converged on a public web forum in recent days to protest what they say is a low-ball all-stock takeover offer from Cheil Industries Inc , an affiliate of Samsung Group and the conglomerate's de facto holding company.
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