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Tag: hostile bid

Sanofi Denies Offering $69-$80 Price Range to Genzyme

by Melly Alazraki on Oct.08, 2010, under Towing

There’s a new plot twist in the takeover battle between French pharmaceutical giant Sanofi-Aventis and U.S. drugmaker Genzyme. A regulatory filing made by Genzyme on Thursday claims Sanofi may be willing to go much higher than its current $69 bid — a claim the French company disputes.

Continue reading Sanofi Denies Offering $69-$80 Price Range to Genzyme

Sanofi Denies Offering $69-$80 Price Range to Genzyme originally appeared on DailyFinance on Fri, 08 Oct 2010 08:30:00.

Filed Under: Company News, Health Care, Genzyme Corporation , Johnson & Johnson, Pfizer, Sanofi Aventis, Stocks in the News

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Sanofi-Aventis Launches Hostile Bid for Genzyme

by Melly Alazraki on Oct.04, 2010, under Towing

After months of courting U.S. drugmaker Genzyme, French pharmaceutical company Sanofi-Aventis launched a hostile bid valued at approximately $18.5 billion, or $69 a share, for all outstanding shares of Genzyme common stock.

Continue reading Sanofi-Aventis Launches Hostile Bid for Genzyme

Sanofi-Aventis Launches Hostile Bid for Genzyme originally appeared on DailyFinance on Mon, 04 Oct 2010 06:55:00.

Filed Under: Genzyme Corporation , Sanofi Aventis, Stocks in the News

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Avis Budget Boosts Its Dollar Thrifty Bid: Do Interlopers Have an M&A Edge?

by Dawn Kawamoto on Sep.23, 2010, under Towing

Avis Budget has increased its offer for Dollar Thrifty, firing the latest salvo in its bidding war for Dollar with archrival Hertz. It’s a familiar pattern in the world of mergers and acquisitions, and the data shows that interlopers like Avis often a better chance of taking home the prize.

Continue reading Avis Budget Boosts Its Dollar Thrifty Bid: Do Interlopers Have an M&A Edge?

Avis Budget Boosts Its Dollar Thrifty Bid: Do Interlopers Have an M&A Edge? originally appeared on DailyFinance on Thu, 23 Sep 2010 12:55:00.

Filed Under: Company News, Economy, Investing, Hewlett-Packard, Dell, Avis Budget Group, Autos, Stocks in the News

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7-Eleven Bids $2 Billion for Casey’s General Stores

by Dan Burrows on Sep.08, 2010, under Towing

Convenience-store chain 7-Eleven offered $2 billion to acquire competitor Casey’s General Stores, topping a hostile bid by Canada’s Alimentation Couche-Tard

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7-Eleven Bids $2 Billion for Casey’s General Stores originally appeared on DailyFinance on Wed, 08 Sep 2010 16:53:00.

Filed Under: Company News, Investing, Biz Brief, Stocks in the News