Topic: Takeovers
Reports: Air Products makes $5.1B bid for Airgas
AP News
Reports: Air Products makes unsolicited bid for rival Airgas of about $5.1 billion in cashIndustrial gas company Air Products and Chemicals Inc. is making an unsolicited offer of about $5.1 billion in cash for smaller rival Airgas Inc., according to published reports Friday. The offer is worth about ...
Oracle CEO: about 1,000 layoffs planned for Sun
AP News
Oracle CEO says about 1,000 layoffs planned for Sun Microsystems, wants to buy NBA teamOracle Corp. CEO Larry Ellison cheered the closing of his company's $7.4 billion acquisition of Sun Microsystems on Wednesday, vowing that Sun will immediately add to Oracle's profits. He said layoffs won ...
Oracle CEO interested in buying NBA's Warriors
AP News
Oracle CEO Larry Ellison says he is interested in buying Golden State WarriorsOracle Corp. CEO Larry Ellison said Wednesday he is interested in buying the Golden State Warriors. No surprise there. Ellison told financial analysts he's trying to buy the team but, he said, "unfortunately you can't have ...
Kraft lowers acceptance level for Cadbury bid
AFP European Edition
US group Kraft Foods on Wednesday said it required only 50 percent support from Cadbury shareholders to ratify its takeover bid for the confectioner after slashing the threshold. Kraft Foods had originally demanded 90 percent backing for an offer agreed last week with the Cadbury board worth 11.5 billion ...
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