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Carbonite rejects J2 Global's $415M takeover offer, explores alternatives

2015-01-12 03:47:00| Telecom - Topix.net

Boston-based online backup firm Carbonite said last Friday that it rejected the $415 million takeover offer from California-based J2 Global , but opened up the possibility of a sale of the company at some point in the future. J2 Global , an Internet services firm, had offered to buy Carbonite for $15 per share, a premium over Friday's closing price of $13.90 - or $415 million in cash.

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Balfour rejects infrastructure offer

2014-12-05 12:29:33| BBC News | Business | UK Edition

Construction firm Balfour Beatty has turned down a 1bn offer from Laing for its lucrative public private partnership infrastructure portfolio, saying the offer is not enough.

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Spirit Pubs rejects offer from C&C

2014-10-24 10:15:29| BBC News | Business | UK Edition

Spirit Pub Company has rejected a takeover offer from cider maker C&C, days after agreeing to recommend a rival offer from Greene King.

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Chiquita rejects latest Cutrale-Safra offer

2014-10-17 12:13:27| Agriculture - Topix.net

The board of Chiquita Brands International said last night that a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate". The board of US-based Chiquita said in a statement that Cutrale-Safra's definitive, $14 a share offer "is not in the best interests" of shareholders.

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UPDATE 1-Chiquita board rejects Cutrale-Safra offer, may weigh improved bid

2014-10-17 07:20:28| Food - Topix.net

The board of Chiquita Brands International Inc on Thursday said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate," and again recommended shareholders back a tie-up with Irish rival Fyffes Plc. The board of Charlotte, North Carolina-based Chiquita said in a statement that Cutrale-Safra's definitive, $14 a share offer "is not in the best interests" of shareholders, who have no assurances that the takeover proposal would remain available past Oct. 24 should a vote on the Fyffes transaction fail.

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