Shares in Massey Energy were climbing today on reports that the coal mining company was “exploring strategic alternatives” — in other words, a possible sale.
Continue reading Is Coal Miner Massey Buyout Bait?
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The Darden family, which owns roughly 24% of Quicksilver, has made an overture to take the natural gas firm private. Shares are up on the news, so is there still room to profit on the upside? Actually, it looks like the answer…
Walmart has renewed its efforts to purchase Russian supermarket chain Kopeika, following reports that competing Russian grocer X5’s interest in acquiring it has waned, according to Reuters.
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Children’s clothing retailer Gymboree (GYMB) has agreed to be acquired by private-equity firm Bain Capital Partners for $1.8 billion in an all-cash deal, the companies said Monday.
Bain’s offer values Gymboree stock at $65.40 a share, a 24% premium t…
Movie studio Metro-Goldwyn-Mayer, home of movie franchises such as James Bond and The Pink Panther, proposed a bankruptcy plan that would reduce its debt by $4 billion and put the founders of Spyglass Entertainment in charge of the legendary studio.
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