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Tag: takeover
Oracle may drop NetSuite takeover after low initial take-up
2016-10-10 09:00:00| Telecompaper Headlines
(Telecompaper) Oracle has extended its tender offer for NetSuite for another month after low initial take-up. Under the terms of the offer, Oracle must acquire a majority of NetSuite's shares not owned by the Oracle CEO Larry Ellison or his affiliates. At the initial expiry 06 October, the company had received only 11.2 percent of the unaffiliated shares. The offer was subsequently extend to 04 November.
Masmovil completes Yoigo takeover
2016-10-10 02:00:00| Total Telecom industry news
Telia nets 479 million from sale of its Spanish unit.
Tags: completes
takeover
yoigo
completes takeover
Twitter shares plummet as takeover interest cools
2016-10-07 02:00:00| Total Telecom industry news
Report claims Disney, Google are not preparing to bid for social media service.
Tags: interest
shares
takeover
twitter
Twitter seeks takeover deal by end-Oct - report
2016-10-06 08:33:00| Telecompaper Headlines
(Telecompaper) Twitter has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on 27 October, people familiar with the matter told Reuters. The timeline is ambitious, given that Twitter began mulling a sale only last month. Binding takeover bids are due in the next two weeks, and Twitter has already whittled down the field of potential acquirers, the report said. Salesforce.com is in the running, while Google parent Alphabet and Walt Disney Co have also been contemplating bids, the sources said. Recode reported separately that both Google and Disney have ruled out making an offer, while Apple is also unlikely to bid.
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Twitter shares jump on takeover talk reports
2016-09-26 09:08:00| Telecompaper Headlines
(Telecompaper) Twitter has received expressions of interest from a number of technology and media companies and could receive a bid by the end of the year, CNBC reported, saying the news sent shares soaring over 20 percent on 23 September. Potential suitors include Google and Salesforce.com, amongst others. Sources said the company could sell for around USD 26 per share, about USD 3.50 higher than the close. Other reports put a total bid at USD 18-30 billion, Recode reported.
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reports
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