Mylan Begins $27 billion Hostile Bid for Perrigo
Mylan N.V. on Monday announced that it has officially took its $27 billion takeover bid directly to shareholders of Perrigo Company plc (NYSE: PRGO; TASE). In April 29th Mylan made the same offer, More...
Patrick Drahi Teams Up With Weill on $670 Million NextRadioTV Offer
French-Israeli tycoon Patrick Drahi and the controlling shareholder of NextRadioTV, Alain Weill, agreed to create a joint company in which Mr. Weill would control a 51% stake and Mr. Drahi the rest, according More...
Three Way Takeover Battle: Statistics weigh against Teva’s Mylan bid succeeding
Will drug company Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) succeed in its attempted hostile takeover of rival Mylan (MYL), or will it be Mylan that succeeds in its own hostile takeover More...
Mylan chairman due $72 million golden parachute
Mylan (MYL), the generic pharmaceuticals company that is now the object of a hostile takeover bid from Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA), reported its senior executives’ More...
Mylan Makes Hostile $31.2 Billion Perrigo Bid against Teva
Generic drugmaker Mylan (MYL) said on Friday it would take its $31 billion offer for Perrigo Co Plc directly to shareholders, in what is set to be one of the most high-profile hostile takeover attempts of More...
FCC Throws Wrench into Plan for Comcast Takeover of Time Warner
U.S. regulators have rewritten their definition of broadband in a manner that portrays the largest U.S. cable company as a more dominant force in high-speed internet access, thus placing a new hurdle for Comcast’s More...
Gannett Says Carl Icahn Wants To “Advance His Own Agenda” With Proxy Threat
Carl Icahn is at it again, this time with Gannett, which he wants to split up into a newspaper unit, which includes USA Today and its broadcast operations, and has made two board nominees to ensure this More...
Nightmare Layoffs Await DreamWorks Employees
It was a tough 2014 for Dreamworks, and now the nightmare continues, this time for employees as management plans to eliminate nearly a quarter of its jobs. Even as Dreamworks Animation won a Golden Globe More...
Randy Lerner Making New Bid to Unload Aston Villa, Reports Say
The latest name to be linked with a possible takeover of the English Premier League’s Aston Villa is Microsoft co-founder Paul Allen, The Birmingham Mail said. Speculation on sites such as Football Courier More...
In Dismal Year for Hedge Funds, Managers Feel Fine
One would think that hedge managers would get rewarded or penalized for performance or the lack thereof, but apparently this isn’t so. By all accounts 2014 was an awful year for hedge funds, the More...