[at The Wall Street Journal] - TPG Sells Ping An Stake For $1.16 Billion Private-equity firm TPG Inc. has sold its remaining stake in Ping An Insurance for $1.16 billion in the latest example of how the U.S. company is reaping profits from its investments in Asia.
H-P Outguns Dell in Takeover Duel :: Fri, 03 Sep 2010 03:14:24 UTC
[at The Wall Street Journal] - H-P Outguns Dell in Takeover Duel It wasn t the biggest bidding war the tech world has ever seen, but the battle between titans H-P and Dell for a humble maker of data-storage systems certainly qualified as one of the wildest ever.
[$$] Avis Tries Harder in Takeover Offer for Dollar :: Fri, 03 Sep 2010 01:08:24 UTC
[at The Wall Street Journal] - Avis Raises Dollar Thrifty Bid Avis Budget Group increased the cash portion of its offer for Dollar Thrifty to $40.75 a share, as it battles Hertz for the potential buyout. More from the Deal Journal blog
Synopsys wraps $315M acquisition of Virage Logic :: Thu, 02 Sep 2010 22:02:32 UTC
[AP] - Synopsys Inc. said Thursday it has completed its acquisition of rival chip design software provider Virage Logic Corp. for about $315 million in cash.
[Reuters] - Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald s Corp.
NC newspaper completes sale to Alabama company :: Thu, 02 Sep 2010 20:30:30 UTC
[AP] - An eastern North Carolina daily newspaper has completed details of its sale to an Alabama-based company. The Washington Daily News announced Thursday that the newly formed Washington Newsmedia LLC, an affiliate of Boone Newspapers Inc., completed purchase of the newspaper from the Futrell family.
Hewitt completes deal to acquire EnnisKnupp :: Thu, 02 Sep 2010 19:28:17 UTC
[AP] - Hewitt Associates completed its acquisition of investment advisory firm EnnisKnupp, the company said Thursday. Terms of the deal, first announced July 20, have not been disclosed.
[at Reuters] - Moody s Investors Service on Thursday said it may cut its debt ratings on Burger King Holdings because of substantial debt that may be taken on to fund its acquisition by affiliates of 3G Capital.
Summary Box: Burger King agrees to $3.26B buyout :: Thu, 02 Sep 2010 18:00:46 UTC
[AP] - THE DEAL: Burger King Holdings Inc. is selling itself to investment firm 3G Capital in a deal valued at $3.26 billion. THE UPSHOT: Being acquired by an owner with deep pockets could give Burger King some financial breathing room to refresh its restaurants and expand internationally after years of playing follow-the-leader with McDonald s.
Clayton, Dubilier Buys Stake in Univar :: Thu, 02 Sep 2010 17:20:24 UTC
[at New York Times] - Clayton, Dubilier & Rice has acquired a large minority interest in Univar, a large chemical distribution business, from buyout firm CVC Capital Partners.
DEALTALK-Time to put money into the ATM? :: Thu, 02 Sep 2010 17:08:48 UTC
[at Reuters] - * Post-crisis, valuations look attractively cheap * Tech or private equity may splash cash on ATM makers * Financial software/systems firms also likely targets
ResCare: No decision yet on Onex buyout offer :: Thu, 02 Sep 2010 17:08:10 UTC
[AP] - ResCare has yet to make a decision on a $370 million buyout offer from Canadian private equity firm Onex Corp., the home health services provider said Thursday.
Summary Box: Avis ups cash part of takeover bid :: Thu, 02 Sep 2010 16:48:32 UTC
[AP] - WRESTLING FOR CONTROL: Avis Budget Group Inc. boosted the cash component of its acquisition offer for Dollar Thrifty Automotive Group Inc. by $1.50 per share to $40.75 per share. The stock portion of the bid remains unchanged.
Cisco to acquire smart grid metering co. Arch Rock :: Thu, 02 Sep 2010 16:44:41 UTC
[AP] - Cisco Systems said Thursday that it plans to acquire Arch Rock Corp., a maker of wireless network equipment for smart grids, for an undisclosed amount.
Scout Investment to acquire asset manager Reams :: Thu, 02 Sep 2010 16:12:28 UTC
[AP] - Scout Investment Advisors, a subsidiary of UMB Financial Corp., said Thursday that it signed an agreement to acquire the assets of Indiana s Reams Asset Management Co.
Avis Sweetens Bid for Dollar Thrifty :: Thu, 02 Sep 2010 13:33:08 UTC
[at Fox Business] - Avis Budget Group sweetened its bid to acquire Dollar Thrifty Automotive Group by a $1.50 a share in an attempt to beat Hertz in their ongoing acquisition battle.
Google Acquisition Spree: Is Social Networking Next? :: Thu, 02 Sep 2010 13:12:21 UTC
[at TheStreet.com] - Google s recent acquisitions suggest the company is laying the foundation for a move into a new social networking platform. Here are the latest companies Google has picked up.
[at CNBC] - 3G Capital is set to announce its acquisition of Burger King Thursday, according to people familiar with the situation.
Deals of the day -- mergers and acquisitions :: Thu, 02 Sep 2010 05:44:24 UTC
[at Reuters] - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0530 GMT on Thursday.
[at The Wall Street Journal] - Land Acquisition Starts for Australian LNG Project Western Australia state said it has begun compulsory acquisition for land planned for the massive Browse liquefied natural gas project, after talks with an indigenous land council failed to reach a deal.
[at The Wall Street Journal] - Conn. A.G. Probing First Niagara-NewAlliance Deal Connecticut Attorney General Richard Blumenthal is probing First Niagara Financial Group s $1.5 billion proposed acquisition of NewAlliance Bancshares.
Burger King Takeover a Good Idea :: Wed, 01 Sep 2010 22:46:10 UTC
[at TheStreet.com] - Burger King shares surge on heavy volume, thanks to rumors of a private-equity buyout.
Connecticut probes First Niagara-NewAlliance deal :: Wed, 01 Sep 2010 22:41:35 UTC
[Reuters] - Connecticut is probing First Niagara Financial Group Inc s proposed $1.5 billion takeover of NewAlliance Bancshares Inc and has asked the banks to justify the merger, throwing a potential roadblock to the largest U.S. bank deal in nearly two years.
Columbia completes acquisition of OutDry :: Wed, 01 Sep 2010 21:55:39 UTC
[AP] - Columbia Sportswear Co. said Wednesday that it has completed its acquisition of OutDry Technologies., from Italian company Nextec S.r.l.
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