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3M Completes Tender Offer for Cogent, Inc. and Commences Subsequent Offering Period
Friday, October 8, 2010 - 8:37am | 174Read More...3M (NYSE: MMM) today announced that its direct wholly-owned subsidiary, Ventura Acquisition Corporation, has completed its cash tender offer for Cogent, Inc. (NASDAQ: COGT). The tender offer for all of the outstanding shares of Cogent expired at 12:00 midnight, New York City time, on October 7,...
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S&P Downgrades Cogent (COGT) to Hold from Buy
Tuesday, August 31, 2010 - 11:20am | 137Read More...S&P Downgraded Cogent (NASDAQ: COGT) to Hold from Buy, yesterday. They think that 3M’s (NYSE: MMM) purchase price for Cogent is a bit low. Here are some quotes from the report: “3M (NYSE: MMM) agreed to purchase (NASDAQ: COGT) for $10.50 per share, or about $943M in total (net of $430M in net...
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JP Morgan Assesses U.S. Telecom and Cable Services Sector
Thursday, July 22, 2010 - 10:43am | 704Read More...JP Morgan had previewed 2Q results for the U.S. Telecom and Cable Services sector, and has assessed each one as follows listed with upside/downside risks and price target: American Tower (NYSE: AMT) Overweight Credit environment could delay share repurchase, delays in carrier builds, wireless...
