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

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 …

GE Buys Dresser for $3 Billion

General Electric said Wednesday it would buy Dresser Inc., an energy infrastructure provider, for $3 billion, the latest in a series of deals and contracts from the U.S. conglomerate.
Continue reading GE Buys D…

EarthLink to Buy ITC DeltaCom for $516 Million

EarthLink will acquire Southeastern telecom company ITC DeltaCom in a deal valued at $516 million, the Internet service provider announced Friday. Earthlink views the acquisition as an opportunity to grow its corporate business…

BHP Will Lodge Motion to Remove Legal Obstacle to Potash Bid

BHP Billiton (BHP) will lodge a motion intended to remove a legal obstacle to its $39 billion hostile takeover bid for Potash Corp (POT).

BHP said it plans to file a motion challenging a lawsuit filed by Potash Corp., which alleges that BHP misrepresented material facts related to the bid.

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BHP will file its motion in the next few days, Reuters reported.

Potash Corp. rejected BHP…

Continue reading BHP Will Lodge Motion to Remove Legal Obstacle to Potash Bid

BHP Will Lodge Motion to Remove Legal Obstacle to Potash Bid originally appeared on DailyFinance on Fri, 01 Oct 2010 07:44:00.

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