Fox Lake Towing and Recovery

Tag: mergers and acquisitions

California’s SolarCity Sees a Bright Market on the East Coast

by on Feb.17, 2011, under Towing

SolarCity Looks East to Buy groSolar

The big solar panel installer has announced its second East Coast deal in a month: It’s buying the residential solar business of Vermont-based groSolar, after picking up Maryland’s Clean Currents. And SolarCity isn’t the only West Coast solar player heading East for growth.

Continue reading California’s SolarCity Sees a Bright Market on the East Coast

California’s SolarCity Sees a Bright Market on the East Coast originally appeared on DailyFinance on Thu, 17 Feb 2011 09:26:00.

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Sanofi to Buy Genzyme in $20.1 Billion Deal

by on Feb.16, 2011, under Towing

Sanofi

French drug company Sanofi-Aventis (SNY) has finally made a deal to buy biotech company Genzyme (GENZ) for $20.1 billion, about $74 a share. Genzyme shareholders will get a contingent value right that represents potential future payments if Lemtrada, the company’s multiple sclerosis drug, is a success. Sanofi has tried to close a deal for about nine months as the Genzyme board lobbied for a higher…

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Sanofi to Buy Genzyme in $20.1 Billion Deal originally appeared on DailyFinance on Wed, 16 Feb 2011 06:30:00.

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Does It Matter That a German Exchange May Control the NYSE?

by on Feb.10, 2011, under Towing

NYSE Euronext-Deutsche Boerse Merger Talks

The fabled New York Stock Exchange isn’t what it used to be. Today’s NYSE Euronext has lost a huge volume of trading to upstart computerized exchanges in recent years, and scandals have tarnished its luster. Now, Germany’s Deutsche Boerse wants to buy control of it. I say: “Sell!”

Continue reading Does It Matter That a German Exchange May Control the NYSE?

Does It Matter That a German Exchange May Control the NYSE? originally appeared on DailyFinance on Thu, 10 Feb 2011 12:00:00.

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AOL Buys Huffington Post: What the Media Is Saying About the Big Media Deal

by on Feb.07, 2011, under Towing

AOL-Huffington Post deal

Nothing like a big media deal to spark commentary from the media. And indeed, there’s been no shortage of reaction — from praise to pillory — to AOL’s decision to purchase upstart news site The Huffington Post for $315 million, mostly in cash.

Continue reading AOL Buys Huffington Post: What the Media Is Saying About the Big Media Deal

AOL Buys Huffington Post: What the Media Is Saying About the Big Media Deal originally appeared on DailyFinance on Mon, 07 Feb 2011 14:10:00.

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