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Vivendi makes takeover bid for Gameloft
2016-02-18 20:43:00| Telecompaper Headlines
(Telecompaper) Vivendi has announced a takeover bid for Gameloft, after building up a 30 percent stake in mobile games publisher. The offer of EUR 6 per share represents a premium of 50 percent on Gameloft's share price 14 October 2015, the day prior to Vivendi first disclosing a stake in the company and a premium of 23 percent over the weighted average share price over the past six months. Vivendi said the acquisition of Gameloft supports its strategy to expand in the content and media sectors. The bid is expected to face opposition from the Guillemot family, which founded Gameloft and is its second-largest shareholder. The family has been increasing its stake since Vivendi started acquiring shares last autumn.
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American Apparel rejects takeover bid: source
2016-01-15 03:15:30| Apparel - Topix.net
Earlier this week, the Los Angeles-based company received a $300 million bid from a group of investors who are backing the return of Dov Charney. Hagan Capital Group and Silver Creek Capital Partners said their proposal included $90 million of new equity and a $40 million term loan, and backs a business plan from Charney, who was fired as chief executive in December 2014.
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American Apparel rejects takeover bid - BBG
2016-01-15 03:15:29| Apparel - Topix.net
Jan 14 Bankrupt teen apparel retailer American Apparel Inc's board has rejected the latest takeover offer involving the company's controversial founder, Dov Charney, Bloomberg reported, citing two people familiar with the decision.
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$200-million takeover bid would bring Dov Charney back to American Apparel
2016-01-08 03:22:40| Apparel - Topix.net
American Apparel received a takeover bid that would return Dov Charney back to the company he founded, a person familiar with the situation said. American Apparel received a takeover bid that would return Dov Charney back to the company he founded, a person familiar with the situation said.
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Norfolk Southern rejects Canadian Pacific's $29bn takeover bid
2015-12-07 01:00:00| Railway Technology
US rail company Norfolk Southern (NS) has rejected a takeover offer of more than $29bn from Canadian Pacific (CP), saying the valuation is grossly inadequate and not in the best interests of the company and its shareholders.
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norfolk
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