The FTC has cleared a BHP Billiton bid for Potash Corp., but that hardly matters. Authorities in the fertilizer company’s home country of Canada may not approve the transaction. And it looks like BHP won’t be the only bidder. T…
Oracle Corp. (ORCL) wants to buy semiconductor companies and the makers of industry-specific software, CEO Larry Ellison said.
Oracle has bought more than 65 companies in the last five years. Adding chipmakers would help the company develop its presence in the market for computer hardware.
“You’re going to see us buying chip companies,” Ellison said at a meeting in San Francisco,…
Continue reading Oracle Wants to Buy Semiconductor, Software Companies
Oracle Wants to Buy Semiconductor, Software Companies originally appeared on DailyFinance on Fri, 24 Sep 2010 07:48:00.
Filed Under: Technology, Economy, Media, IBM, Oracle, Apple, Retail
Novartis (NVS) agreed to sell the U.S. rights to bladder medicine Enablex for $400 million.
Ireland-based Warner Chilcott will take over the marketing, sales and manufacturing of the drug in the United States, Novartis said in a statement. The deal is expected to close by the end of October.
Novartis may also receive “milestone payments” of as much as $20 million.
In 2005, Novartis…
Continue reading Novartis Sells U.S. Rights to Enablex for $400 Million
Novartis Sells U.S. Rights to Enablex for $400 Million originally appeared on DailyFinance on Fri, 24 Sep 2010 06:46:00.
Filed Under: Company News, Health Care, Novartis, Insurance, Retail
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 inter…
Brocade Communications shares surged today on investor speculation that IBM may acquire the company, which makes switches for data-storage networks.
Continue reading Brocade Shares Jump on Rumors of IBM Buyout
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