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Post Holdings to buy MOM Brands for $1.15bn
2015-01-27 01:00:00| Food Processing Technology
US cereal maker Post Holdings has agreed to buy privately held MOM Brands for around $1.15bn, boosting its branded RTE cereal, private label, and hot wheat and oatmeal portfolio.
UPDATE 1-Post Holdings to buy cereal maker MOM Brands for about $1.15 bln
2015-01-26 16:34:11| Food - Topix.net
Cereal maker Post Holdings Inc said it would acquire privately held rival MOM Brands Co for about $1.15 billion in cash and stock to expand in the bagged and hot cereal categories. Post, the maker of Raisin Bran and Honey Bunches of Oats, will pay $1.05 billion in cash and issue 2.5 million shares to the owners of MOM Brands.
AT&T buying Nextel Mexico from NII Holdings
2015-01-26 14:06:31| Wireless - Topix.net
The deal will give AT&T Inc. companies that operate under the name Nextel Mexico and hold all of the wireless properties in Mexico held by NII Holdings Inc. That includes spectrum licenses, network assets, retail stores and about 3 million subscribers. Nextel Mexico's network covers approximately 76 million people.
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AT&T to buy NII Holdings' wireless business in Mexico
2015-01-26 14:06:30| Wireless - Topix.net
NII Holdings, the parent of Nextel operators in Latin America, filed for bankruptcy protection in the United States in September after struggling with $5.8 billion in debt and fierce competition in Brazil and Mexico. The transaction is subject to a bankruptcy auction and approvals by the U.S. Bankruptcy Court for the Southern District of New York, AT&T said in a statement.
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AT&T buying Nextel Mexico from NII Holdings
2015-01-26 14:01:21| Telecom - Topix.net
The deal will give AT&T Inc. companies that operate under the name Nextel Mexico and hold all of the wireless properties in Mexico held by NII Holdings Inc. That includes spectrum licenses, network assets, retail stores and about 3 million subscribers. Nextel Mexico's network covers approximately 76 million people.
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