Buyout

Ask Jeeves has closed its all cash buyout of Lexico Publishing Group, owner of Dictionary.com and Thesaurus.com. Ask Jeeves estimates the deal expands its global reach by approximately 15 million to 145 million monthly viewers.

MUMBAI: A couple of large buyout funds, foreign strategic players and Indian IT & BPO players, including Infosys Technologies, are learnt to be in the race for Aptara, a third-party BPO in technology publishing. Promoted by US-based Indian, Rakesh Gupta, the firm is one of the oldest and established players in the industry, having started in 1988. No official confirmation was available,

Anheuser-Busch Companies Inc. (NYSE: BUD) came out and confirmed some discussions that were making the rounds today. The beer giant noted that it has received... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I don't understand some of the headlines that I have been seeing. Maybe they are just headlines to grab people attention, but the headlines are wrong. I've seen headline suggesting that the buyout of Alltel MAY cause sponsorship issue and other similar headlines. Or "Penske's Alltel Sponsor Could Be In Jeopardy". There is no MAY about it. [...]

“Should the two brewers merge, the resultant entity would be a globally focused player that sends out 350 million hectoliters of beer annually and generates approximately $20 billion in annual revenue.” — Jennifer Yousfi by Jennifer Yousfi Baltimore – (TFN): Shares of the largest U.S. brewer, Anheuser-Busch Companies Inc. (BUD), maker [...]

Tony Kornheiser announced that he will be retiring from the Washington Post on his Radio Show yesterday. The DC Sports blog has more info about his announcement on the show. As much as I hate Tony Kornheiser on MNF, I love him on PTI. Unlike many bloggers, I really didn’t get a chance to [...]

Reuters - The banks that had been trying to pull out of the funding for the $20 billion buyout of Clear Channel Communications have reached a settlement with the private equity firms that had sued them, the Wall Street Journal reported on Monday.

Robert Mao replaced Edgar Masri as chief executive of 3Com Corp after a failed buyout. In fact, the press release from 3Com did not offer a reason for COM ( source=story_quote_link)) announced plans to be acquired and taken private in a $2.2 billion buyout led by Bain Capital Partners and a Chinese partner. Unfortunately, the deal eventually collapsed amid the U.S. government's national security concerns about a possible transfer to China of sensitive technology.

GlaxoSmithKline (NYSE: GSK) has announced that it has entered into a definitive acquisition pact with Sirtris Pharmaceuticals Inc. (NASDAQ: SIRT). The drug... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The Times copy chief Merrill Perlman is on the buyout list, said a newsroom source. Apparently, she's making her way around the newsroom today to announce her departure. Ms. Perlman has been an institution at the paper for nearly 25 ...

TriZetto Group Inc. (NASDAQ: TZIX) is being acquired. Private equity firm Apax Partners will acquire health-care software company for $1.4 billion, or $22.00... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The $8.8 Billion cash buyout of Millennium Pharmaceuticals, Inc. (NASDAQ: MLNM) has created a situation worth monitoring today. It isn't just that this buyout... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

If you browsed the front page of the World Wide Leader’s Web site today, you might have noticed an article by Dana O’Neil about Xavier and their plans to keep Sean Miller. There was an interesting quote from the Xavier AD, Mike Bobinski and his feelings on Miller being interested in other jobs: “People mentioning his [...]

As we have been expecting, Covad Communications Group Inc., (AMEX:DVW) announced that it has obtained all of the required regulatory approvals for it to be... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

3Com’s China-backed buyout is scrapped Bain Capital kills deal under pressure from U.S. regulators By Dan Gallagher, MarketWatch Last Update: 2:27 PM ET Mar 20, 2008 SAN FRANCISCO (MarketWatch) — Under U.S. government pressure, a private equity firm has abandoned its $2.2 billion Chinese-backed plan to acquire communications-equipment maker 3Com Corp., the firm said Thursday. Shares of 3Com dropped 11% to $1.97 [...]

The acquisition of 3Com Corp. (NASDAQ: COMS) by Bain Capital and Huawei was already questionable, and then regulatory questions turned into trouble, and now... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.’s government-backed buyout of the stricken investment bank Bear Stearns Cos.The Dow Jones industrials recovered from an initial drop of nearly 200 points to finish up about 21 points. The broader Standard & Poor’s 500 and Nasdaq composite indexes [...]

Atari Asks for Extension on Infogrames Buyout Offer Atari has informed its parent company, Infogrames, that it will not be able to respond the buyout offer made last week by the appointed deadline. Infogrames is the majority shareholder in Atari; its proposal offered to purchase the remaining stock for $1.68 a share. At the time of the offer, Atari announced that would be assembling a special committee to evaluate the offer. Atari has since hired Duff & Phelps LLC to help them sort through the financial pros and cons of accepting Infogrames' proposal, and is seeking an extension of the original deadline. Can there honestly be that much to discuss? Atari doesn't exactly have a lot of options at this point.See Also: Infogrames Offers to Buy Atari It's Of

4 Mar 2008 - Check out this update from Intelligent Speculator on the Covad Communications buyout arbitrage opportunity.  The Prince also blogged about Covad  and attempted to handicap the deal based on public information.  Intelligent Speculator points out that the deal is now closer since the acquisition has cleared anti-trust and the shareholders have approved the deal.

Shares of China's search engine company, Baidu, soared on Wednesday, after speculation that the company may have acquired Web browser company Maxthon. Maxthon's web browser is currently used by nearly 10 million users in China.

Sam Cassell acknowledged Monday that he is seeking a buyout of his contract with the Los Angeles Clippers, opening the possibility he could land with the Boston Celtics or another NBA team priming for a playoff run."They've been discussing it, so what more can I say?" Cassell said, according to the Los Angeles Times. "Both parties are getting to a number and saying, 'OK, this is what we'll do it for.' I just want to be treated fairly."The Boston Globe reported that according to a Clippers source, the team will announce the buyout on Tuesday. The Celtics, Dallas Mavericks and Denver Nuggets are preparing to make Cassell an offer once he clears waivers in 48 hours, NBA sources indicated, according to the report.If Cassell wants to join a playoff-bound team, a buyout and subsequent release by

Chicago Mercantile Exchange is continuing plans to buyout Nymex Holdings despite anti-trust concerns from the Department of Justice. The two companies are expected to an announce an update on the acquisition as early as next week. The Department of Justice issued a warning about questing if the combined company would block competition.

20 Feb 2008 - Here is an interesting list ranking PE shops by size of all PE funds combined.  It is only as of May 2007 and some of these funds have raised more funds since then however, it is interesting none the less.  Here are the top 20: 1 The Carlyle Group $32.5 billion 2 Kohlberg Kravis Roberts $31.1 billion 3 Goldman Sachs Principal Investment Area $31 billion 4 The Blackstone Group $28.36 billion 5 TPG $23.5 billion 6 Permira $21.47 billion 7 Apax Partners $18.85 billion 8 Bain Capital $17.3 billion 9 Providence Equity Partners $16.36 billion 10 CVC Capital Partners $15.65 billion 11 Cinven $15.07 billion 12 Apollo Management $13.9 billion 13 3i Group $13.37 billion $ 14 Warburg Pincus $13.3 billion 15 Terra Firma Cap

Story here. These kinds of deals baffle me. What, exactly, can Yahoo do that Microsoft can't? Do they have some secret search or IM technology that Microsoft engineers can't duplicate? Microsoft can't find any yodelers? Yahoo has servers, but 44 Billion dollars can buy a bunch of desktops. I'll assume that Microsoft isn't made up of a group of blithering idiots and think it's a good buy. The only thing I can think of, then, is that Microsoft is buying the most expensive client list in history. Microsoft wants all of those email accounts, home pages, and the traffic from the number one site in the world, according to Alexa.Powered by b2evolution.

As both firms struggle to compete with Google’s stranglehold on the web, Microsoft has made an offer of $44.6bn in cash and shares to buy out Yahoo! in a bid to compete with Google and restore it’s failing monopoly. Yahoo! are said to be taking the offer seriously, after announcing a $300m spend this year to [...]

This morning, MTC Technologies, Inc. (NASDAQ: MTCT) has confirmed its buyout news from late Friday night where MTC Technologies, Inc. (NASDAQ: MTCT) has signed... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

US regulators Thursday cleared a plan by Google to buy online advertising giant DoubleClick, a tie-up that has sparked concerns about privacy risks and still faces a challenge in the European Union… Listen to this postRelated PostsAuctioned: Domain Name!Giveaway Monday - 7 SEO LessonsWhat IS Google Page RankDiscount Click - Online Marketing ServicesSEO Secret - Write and Promote

Visit PetLeopard.com for details about our innovative guerrilla marketing services for small business, artists, and Internet entrepreneurs. Congrats to real estate billionaire Sam Zell, who today... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

From Silicon Alley Insider The Dolan family, which controls Cablevision (CVC), Madison Square Garden and the New York Knicks, are starting to look like... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Genlyte Group Inc. (NASDAQ:GLYT) is seeing its shares surge pre-market. Royal Philips Electronics (NYSE:PHG) is acquiring the manufacturer of residential and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Rumors are going around that microsoft is in the process of a buyout of yahoo.This is being spread around the blog world.With microsoft trailing behind yahoo,andgoogle in the search market share this would be the only way for them to catch up.You can read the full article at pc world.PC World.com

Rumors are going around that microsoft is in the process of a buyout of yahoo. This is being spread around the blog world.With microsoft trailing behind yahoo,and google in the search market share this would be the only way for them  to catch up. You can read the full article at pc world. PC World.com

The online advertising business, whether it be display advertising, pay-per-click or pay-per-call is in bull mode. Giants like Google (GOOG), Yahoo (YHOO), Microsoft (MSFT) have recently snapped up a host of players in the business. First, lets look at the different types of companies in this space.Microsoft, Google and Yahoo are the big players that are consumer facing. They get enormous traffic on their portals and search engines and that allows them to display ads on their sites.Companies like Doubleclick, 24/7 Real Media, Aquantive and Valueclick (VCLK) partner up with advertisers and serve up ad's not only on Google, Yahoo and MSN, but also on other widely circulated venues. They act as agencies to their advertisers and also have technology that serves up a variety of digital marketin

Shares of Biogen Idec Inc. jumped Monday, the first trading day after the biotechnology company said would consider a sale to potential buyers, which include billionaire investor Carl Icahn.The stock rose $11.94, or 17.2 percent, to $81.37 in afternoon trading. Shares reached a 52-week high of $84.75 earlier in the trading session, eclipsing a previous peak of $69.43.The Cambridge, Mass.-based drug maker said Friday its board authorized management to explore a possible sale. The company's market capital was $20 billion as of Friday.In August, Icahn reported a purchase of 2.7 million Biogen shares as of June 30. ;

The deal is done. See link below:ECI Telecom Ltd Completes Acquisition by Private Equity GroupWhen the stock fell inexplicably this morning, I was thinking of putting a client in at $9.50 or so, but then decided not too. The current PPS is now $10.00, as it should be. The stock will not trade after today.

As expected the $10/share buyout was approved by shareholders today. This should be huge for current SI clients, as a number of them own shares of ECIL. See link below:ECI Telecom Shareholders OK AcquisitionCurrently, the stock is up to $9.60 in pre-market, which is a gain of .41 over yesterday's close. I would look for $9.80 today.

Members of the Bridgend Community Garden project were presenting an exciting new idea at the Islay Show last week - a community buyout of Islay House and garden. Islay House is located to the west of Bridgend and comprises 24 bedrooms, 5 recept...

Hewlett-Packard Co. said Monday it has agreed to acquire two companies: Opsware Inc. in a deal valued at $1.65 billion and Neoware Inc. for $214 million. Palo Alto-based HP (NYSE HPQ) said it will...

Stocks Move Higher Following Buyout News, Earnings Reports NEW YORK (AP) — Stocks rose in early trading Monday after a fresh round of buyout news offered evidence that Wall Street’s penchant for dealmaking hasn’t disappeared. Stocks partly rebounded from a sell-off Friday after Transocean Inc., the world’s largest offshore drilling contractor, and rival GlobalSantaFe Corp. said Monday they struck an agreement to merge. The combined company will have a market value of about $53 billion. In addition, equipment rental company United Rentals Inc. said it agreed to be taken private by affiliates of Cerberus Capital Management LP for about $4 billion in cash. Meanwhile, British bank Barclays PLC said it would raise its offer for ABN Amro Holding NV to $93.2 billion to fight a rival bid from a group led by Royal Bank of Scotland PLC. Better-than-expected profit news from Merck & Co. and Schering-Plough Corp. also boosted the mood on Wall Street. In midmorning tra

Stocks Open Flat Following Strong Gains, Ahead of Big Earnings Week NEW YORK (AP) — Stocks traded essentially flat Monday as investors digested the market’s huge gains of last week and received news of a potential big telecom deal.Wall Street’s move sideways was not surprising after last week’s record-setting rally. But investor sentiment got a modest boost from renewed talk of acquisition activity, which has been a big driver of the stock market’s gains in the past year. Vodafone Group PLC denied a report by the Financial Times that it is weighing whether to make a huge $160 billion bid for Verizon Communications Inc. The newspaper cautioned that Vodafone has yet to approach Verizon. Vodafone, the report said, would pursue the deal to obtain full ownership of Verizon Wireless, which Vodafone and Verizon now own jointly. In a much more modest but confirmed deal, restaurant chain operator IHOP Corp. said it would acquire Applebee’s International Inc

Chinese Estates Holdings Ltd. has confirmed that it is in discussions with entities that are interested in acquiring the Hong Kong-based real estate company. No firm offers have yet been made for Chinese Estates, which has a total market capitalization of approximately U.S.$4.2 billion.

Bain just bought up Guitar Center for $1.9 billion (although WSJ says that Guitar Center valued the acquisition at $2.1 billion). With 210 stores, that averages out to $10 million/store. If the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Roche (SWX: ROG.VX; RO.S), a world-leading healthcare provider of pharmaceuticals and diagnostics, will make a tender offer to acquire all outstanding shares of common stock of Ventana Medical...

Google has acquired the Web based security software maker Greenborder Technologies , the company provides web based software to protect the users from malware and untrusted content from running on the user computer.The security software sets up temporary, virtual sessions each time a computer users surfs the Web, then discards the resulting data once the user is finished surfing.The software provides protection again keystroke loggers, malicious code hidden inside e-mail, instant messages or Web sites.(Click on Read more to expand)Google aquiring Greenborder may mean another free security software download for the users currently Greenborder charges $30 per year like most antivirus softwares,The software is no longer available for download on Greenborder website as a part of the deal but the company will provide support to all its present customers till their present subscription .The sum of the deal has not yet disclosed.Related linksNortel tech support

Recently word has been circulating that there may be a buyout offer for Archer Daniels Midland (ADM) in the not too distant future. Let look at the possibility and price. Currently ADM has a market cap of $25 billion and annual sales of $40 billion. It is the one of the world's largest processor of HFCS, ethanol, bio-diesel, cocoa and oil seeds. It does business in 35 countries and has over 26,000 employees. Shares currently trade at 15 times this years earnings and 14 times forward... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The deal still needs to be approved by shareholders, and no date has been set for the vote. Currently the PPS is at .15. The high today is .195, which is much lower than the buyout price. Either something is not right here, or investor's just do not trust a Pink Sheet company. See link below to PR:Aurus Board of Directors Accepts $.55 Offer

On Saturday, I highlighted a comment found on Blogizona, a Scottsdale blog run by the Arizona Republic. The commenter asserted that Barbara Erwin's contract was bought out by the Scottsdale board of education. A Kentucky School News and Commentary reader asserted the same claim on May 12th.We do find evidence that Erwin was sued by the school board president around this time, but we have been unable to confirm any such buyout. Readers who can provide evidence to the contrary should make it known. Otherwise, Kentucky School News and Commentary will file this one in the rumor category.

Circuit City (CC) released results last Monday an holding true to current managements history, they disappointed. They restated earnings for the past two quarters and revised its guidance for fiscal 2008. The restatement of earnings took a backseat to news of "substantially below-plan sales" of large flat panel and projection TVs in April, resulting in a larger forecast loss from continuing operations before taxes of $80 million - $90m for Q1'08 (ending in May). It withdrew its previous... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Clear Channel Communications Inc. said Thursday its board of directors has rejected a private equity group's modified buyout offer for the radio and billboard company, and there already are enough...

The company just raised $10 million through a bond issue. While this is normally a good way of raising funds (no dilution), I doubt the company would do this if they were going to be bought out. The stock is now dropping from .11 to .096. See link to PR below:Aurus Raises $10 Million Through Bond IssueIt's incredible that they do not mention the buyout at all in this release.UPDATE: Incredibly, the stock is now back up to .11. I am not sure what is going on. I will continue to hold a little longer.

by Edward Klump A Texas proposal to limit the electricity generation capacity of power companies by region isn't intended to harm the planned $32 billion sale of TXU Corp., state Representative Todd Smith said in a telephone interview last night. Smith, a Republican, said there are ``plenty of other ways to protect'' the public besides forcing asset sales by TXU. The amendment may cap a

The American beverage industry has been quite uneventful over last couple years. Coca Cola (KO) has slid 10% in the last five years. Pepsi (PEP) has returned about 20% in that same five year period. While certainly a large difference in stock returns, the averages for the sector have barely moved. The current industry is growing, but at a very small pace, and therefore, the returns are a sign of major brands like Coke reaching a max saturation level. Coke is across the world, from the United States to Iran. The diversified major beverage companies need to inspire current brands, along with capitalizing on relatively new brands. Unfortunately for companies such as Coca Cola, to avoid a maximum market penetration, they need to understand that the purchase of a small-mid cap beverage company may revitalize the outlook for the company. Enter Jones Soda (JSDA), and the beverage majors may have found their next niche soda purchase. Current market capitalization for Jones Soda Co. is at arou

Shares of Dow Chemical Co. rose more than 6 percent Monday after a British newspaper reported a group of Middle Eastern investors and U.S. buyout firms was preparing a bid for the huge chemicals and...

Tribune Co. has accepted a buyout offer from real estate investor Sam Zell in a deal valued at about $8.2 billion, the owner of the Chicago Tribune, Los Angeles Times, TV stations and the Chicago...

Tribune Co. has accepted a buyout offer from real estate investor Sam Zell in a deal valued at about $8.2 billion, the owner of the Chicago Tribune, Los Angeles Times, TV stations and the Chicago...

This company is the largest and most active private equity firm focused exclusively on management buyout transactions as well as growth equity and debt investments in small cap companies. They have broad investment criteria ranging from fast growth emerging companies...

Ford's plan to lower its labor costs is a two-stage process. First, buy-out highly-paid union workers. Second, replace them with lower-paid workers. If Ford's experience at their Ranger plant in St. Paul (MN) is anything to go by, the Blue Oval Boyz are failing at the first hurdle. The Star Tribune reports that 236 out of 240 workers have refused buy-out packages worth $50k to $140k. Seems those who've wanted to leave, have. "Only four to six workers applied for the buyout out of about 240 eligible production workers, said Roger Terveen, president of United Auto Workers Local 879. There are only 980 workers left in the plant, after buyouts in 2006 and the shutdown of the night shift." The paper hints that resurgent Ranger sales have emboldened the "survivors.