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Time Warner rejects 20th Century Fox takeover bid
2014-07-16 16:20:00| Telecompaper Headlines
(Telecompaper) Time Warner announced that it rejected an unsolicited takeover offer from 21st Century Fox. The latter offered 1.531 of its own Class A non-voting shares and USD 32.42 in cash for each Time Warner share. Time Warner concluded that this did not provide sufficient value for shareholders. It decided not to enter into negotiations with 21st Century Fox, as the board expects that Fox will not be able to offer a significantly better bid. In addition to preferring its own strategy, Time Warner questioned the value of Fox's shares, recentl created from the break-up of News Corp, and Fox's ability to lead the bigger company created from a merger with Time Warner. Fox confirmed it made the offer last month, and the companies are no longer in talks.
Murdoch's Time Warner offer rebuffed
2014-07-16 15:17:23| BBC News | Business | UK Edition
US media giant Time Warner has rejected an initial takeover approach from rival 21st Century Fox estimated at $80bn (46.6bn).
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time warner
Crowdfunded satellite rescue mission becoming frantic as time runs thin
2014-07-15 21:24:47| Extremetech
The public has raised more than $150,000 to save a long-retired satellite called ISEE-3 -- but a deadline is fast approaching, and the team might not be ready in time.
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mission
runs
satellite
Over The Last 5 Years, Under Armour Is Up Nearly 1000%: Finally Time To Sell?
2014-07-15 17:27:27| Footwear - Topix.net
Under Armour's growth strategy is straightforward: continue to expand its sleek and innovative products into more and more sports and markets, taking market share from the bigger players.
For anniversary, Greenbrier has a bell of a good time at NYSE
2014-07-15 17:24:48| Railroads - Topix.net
Victoria McManus was joined by Greenbrier team members Rick Turner, Mark Eitzen, Larry Stanley, Brian Conn, Anne Manning and Jim Sharp as the group rang the closing bell during the New York Stock Exchange's trading day yesterday.
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