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Betfair takeover deadline approaches
2013-05-13 01:17:55| BBC News | Business | UK Edition
The deadline is looming for CVC Capital Partners and other investors to put forward a fresh bid for online betting exchange Betfair.
Tags: approaches
deadline
takeover
betfair
Clearwire endorses Sprint takeover offer
2013-05-07 08:57:00| Telecompaper Headlines
(Telecompaper) Clearwire has sent a letter to its shareholders endorsing Sprint's takeover bid for the company. After an evaluation of the offer by a special committee of board members, Clearwire said the buy-out by its largest shareholder offers "the best strategic alternative for Clearwire's minority stockholders, representing fair, attractive and certain value". The company did not comment on the alternative takeover over from Dish Network. The offer of USD 2.97 billion or USD 2.97 per share offers an attractive value for its spectrum, a strong premium to the share price, high certainty compared to alternative business plans and immediate liquidity. Clearwire also sought an independent opinion, which found that the offer was fair in financial terms. Shareholders will be asked to vote on the takeover at a meeting on 21 May. Comcast, Intel, and Bright House Networks, which together own 13 percent in Clearwire, have already agreed to sell to Sprint.
Tags: offer
sprint
takeover
endorses
Berkshire's Munger says takeover prices look very high
2013-05-03 19:59:50| Railroads - Topix.net
In an interview with Reuters on the eve of Berkshire's annual shareholder meeting, Vice Chairman Charlie Munger said the company has over the years made many of its most desirable purchases in periods of "great catastrophes," but little appears on the horizon now.
Tags: high
very
prices
takeover
Dish chairman slams SoftBank over Sprint takeover comments
2013-05-02 07:00:05| CNET News.com
Charlie Ergen says Dish is offering a higher price and an "American company" with "employees who speak English." [Read more]
Tags: comments
chairman
dish
sprint
Intel CEO favors SoftBank to Dish for Sprint takeover
2013-05-01 00:39:22| CNET News.com
Paul Otellini pens a letter to the FCC in support of SoftBank's bid for Sprint -- saying that the U.S. needs added competition in the wireless space. [Read more]
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