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Syngenta rejects Monsantos $2bn reverse break-up fee proposal

2015-06-09 01:00:00| Food Processing Technology

Syngenta has rejected a second takeover proposal from US sustainable agriculture company Monsanto, despite offers to pay a $2bn reverse break-up fee if the company cannot obtain global regulatory approvals.

Tags: fee reverse proposal rejects

Pall Corp. would pay $423M breakup fee if Danaher deal falls through

2015-05-16 10:09:52| Industrial Machines - Topix.net

On May 13, 2015, Port Washington-based Pall Corp. agreed to be acquired by Danaher Corp. in a $13.8 billion deal. Photo Credit: Barry Sloan On May 13, 2015, Port Washington-based Pall Corp. agreed to be acquired by Danaher Corp. in a $13.8 billion deal.

Tags: through pay deal fee

Buffett Sees Activist-Proof Berkshire Resisting Breakup Calls

2015-05-04 15:57:44| Auto Dealers - Topix.net

Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said his life's work won't be broken apart by activist investors once he's no longer at the helm. "The market value of Berkshire is going to be so great that, even if all the activists got together, they couldn't do much about it," Buffett said Saturday at his annual shareholders meeting in Omaha, Nebraska.

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Qualcomm shareholder pushes for company break-up

2015-04-13 09:01:00| Telecompaper Headlines

(Telecompaper) Qualcomm is under pressure from activist investor Jana Partners to consider a breakup and other options to boost the chip maker's stock price. Jana is asking Qualcomm to consider separating its chip unit from its patent-licensing business, which accounts for most of the company's profit, according to a quarterly letter to Jana investors reviewed by The Wall Street Journal. Qualcomm itself proposed the idea 15 years ago but later called it off. Jana holds shares worth more than USD 2 billion in Qualcomm. The investor also is calling on the company to cut costs, accelerate stock buybacks and make changes to its executive-pay structure, financial reporting and board of directors, according to the New York hedge fund's letter. A spokeswoman for Qualcomm said the company welcomes feedback from shareholders. Jana executives and Qualcomm's management have held private discussions since late last year, one person familiar with the conversations told the paper. In the letter, Jana described the talks as constructive.

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