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Air Products & Chemicals (APD) has raised its bid for Airgas (ARG) to $65.50 a share in an all-cash offer. The latest offer represents a 50% premium above Airgas' closing stock price on Feb. 4, the day prior to Air Products submitting its first acquisition plan, Air Products said Monday in a written statement.

Continue reading Air Products Lifts Airgas Offer to $65.50 a Share

Air Products Lifts Airgas Offer to $65.50 a Share originally appeared on DailyFinance on Tue, 07 Sep 2010 07:53:00.

Filed Under: Energy, Company News, Economy, Air Products & Chemicals, Airgas

Goldcorp Inc. (GG) will purchase Andean Resources Limited (AND) for about C$3.6 billion ($3.4 billion).

Andean's principal asset is its Cerro Negro gold project in Argentina, the companies said in a statement. Cerro Negro currently has reported indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver.

"This transaction adds another key asset to...

Continue reading Goldcorp to Buy Andean Resources for $3.4 Billion

Goldcorp to Buy Andean Resources for $3.4 Billion originally appeared on DailyFinance on Fri, 03 Sep 2010 07:35:00.

Filed Under: Company News, Technology

Technology company Hewlett-Packard (HPQ) will purchase utility storage company 3Par Inc (PAR) for $2.35 billion or $33 a share.

The agreement between the two companies ends 3Par's merger agreement with chip-maker Dell Inc. (DELL), with 3Par agreeing to pay Dell $72 million as a termination fee.

HP's purchase of 3Par will boost the PC maker's presence in the market for virtual data...

Continue reading Hewlett-Packard to Purchase 3Par for $2.35 Billion

Hewlett-Packard to Purchase 3Par for $2.35 Billion originally appeared on DailyFinance on Fri, 03 Sep 2010 06:50:00.

Filed Under: Company News, Technology, Hewlett-Packard, Dell, Retail

Kelley Blue Book Co., the venerable publisher of car-buying guides, is looking for a buyer itself, according to a report in the Financial Times. Within the past few weeks, the family-owned company has retained JP Morgan to handle the sale process, sources say.

Continue reading Kelley Blue Book Eyes Possible Sale

Kelley Blue Book Eyes Possible Sale originally appeared on DailyFinance on Thu, 02 Sep 2010 09:11:00.

Filed Under: Company News, Economy, Media, JP Morgan Chase, Google , Autos, eBay, Small Business

Car rental company Avis Budget Group Inc (CAR) improved its offer for Dollar Thrifty Automotive Group (DTG).

Avis raised the cash portion of the offer to $40.75 a share, from $39.25, Avis said in a statement. The offer now stands at $40.75 in cash and 0.6543 shares of Avis Budget stock per share of Dollar Thrifty.

Avis attacked rival bidder Hertz Global Holdings (HTZ), saying that...

Continue reading Avis Raises Bid for Dollar Thrifty, Attacks Hertz

Avis Raises Bid for Dollar Thrifty, Attacks Hertz originally appeared on DailyFinance on Thu, 02 Sep 2010 08:23:00.

Filed Under: Company News, Avis Budget Group, Autos, Retail