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Tag: bid agrees
Cisco agrees big increase in Acacia bid to seal takeover
2021-01-14 16:32:00| Telecompaper Headlines
(Telecompaper) Cisco has agreed to a big increase in the price it will pay to acquire Acacia Communications, after the latter attempted to withdraw from the deal first agreed in July 2019...
Ascena agrees stalking horse bid for Justice brand
2020-10-15 12:38:00| Daily apparel & textile news and comment - from just-style.com
Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, has struck a deal to sell the intellectual property, e-commerce business and other assets of its tween fashion brand Justice to Premier Brands Justice LLC.
Sky agrees to higher takeover bid from Comcast
2018-07-12 09:06:00| Telecompaper Headlines
(Telecompaper) Comcast has raised its offer for European pay-TV provider Sky, just beating an improved bid from Sky's largest shareholder 21st Century Fox. The new offer from Comcast is GBP 14.75 per share, valuing Sky at GBP 26 billion. That's up from Comcast's first offer in April of GBP 12.50 per share and 21CF's latest offer of GBP 14.
Disney agrees higher bid with cash for 21st Century Fox
2018-06-20 16:45:00| Telecompaper Headlines
(Telecompaper) 21st Century Fox has agreed a new takeover offer from Disney, adding a cash element to the originally all-stock deal and beating the rival bid from Comcast. Under the amended agreement, Fox shareholders will receive USD 38 per share, in a choice of cash or stock, with a maximum 50 percent of the total price in cash for Disney. The total equity price of USD 71.3 billion tops Comcast's offer of USD 65 billion for Fox and Disney's first offer of USD 52.4 billion all in stock.
Qualcomm rejects latest Broadcom bid, but agrees to meet
2018-02-09 08:35:00| Telecompaper Headlines
(Telecompaper) Qualcomm has rejected the improved takeover offer from Broadcom, saying it undervalues the company and has too much regulatory uncertainty. However, the company has agreed to meet with Broadcom to see if they can reach an agreement on new terms.