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Vodafone quiet on Fastweb takeover reports

2013-06-14 02:00:00| Total Telecom industry news

Report claims Italian fixed-line provider on Voda's shopping list as U.K.-based operator looks beyond mobile for growth.

Tags: reports quiet vodafone takeover

 

Clearwire board recommends Dish takeover bid

2013-06-13 08:39:00| Telecompaper Headlines

(Telecompaper) The independent members of US Wimax operator Clearwire's board have recommended shareholders accept a takeover offer from Dish Network, rather than the buy-out proposed by majority shareholder Sprint. Clearwire previously endorsed Sprint's offer, prompting Dish to raise its bid. Dish is offering USD 4.40 per share for Clearwire, while Sprint has bid USD 3.40. To give shareholders more time to consider, Clearwire is rescheduling the vote on the deals from 13 June to 24 June, and Dish has extended its offer until 2 July. The Dish offer is conditional on acquiring at least 25 percent of Clearwire shares. Dish said just over 245,000 Clearwire share had already been tendered in the offer. Sprint said it was reviewing the Clearwire statement and would continue to enforce its governance rights. Separately it filed an investor presentation with the SEC outlining its support for Softbank's takeover bid for Sprint. Dish still has until 18 June to make a final offer for Sprint.

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Clearwire's board backs Dish takeover proposal over Sprint

2013-06-13 01:05:39| CNET News.com

Wireless broadband provider's board recommends shareholders accept Dish's bid, which is $1 a share greater than a rival bid by majority owner Sprint Nextel. [Read more]    

Tags: board proposal dish sprint

 

Ahern Rentals Averts Takeover With New Chapter 11 Exit Plan

2013-06-11 18:14:45| ENR.com: Headline News

A new bankruptcy exit plan allows Don Ahern to avert a takeover of the family business his father started in 1953.

Tags: plan chapter rentals exit

 

Comment - Tariko Looks to Raise the Standard with CEDC Takeover

2013-06-11 17:36:10| Daily beverage news and comment - from just-drinks.com

Russian Standard is now the world's second largest vodka producer after finally getting full control of Central European Distribution Corp (CEDC). But how will it handle the troubled group and where will in benefit? Chris Mercer investigates.

Tags: with comment standard raise

 

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