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Top US Self-Storage Properties Operator Makes Hostile $11B Offer For Life Storage: Here's The Fine Print
Monday, February 6, 2023 - 2:10am | 382Public Storage (NYSE: PSA), the largest U.S. operator of self-storage properties has come out with an $11 billion hostile bid for Life Storage Inc (NYSE: LSI) that would be an all-stock transaction. Under the terms of the proposal, which was first made privately to...
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Spirit Airlines Defers Key Shareholder Vote On Frontier Deal Again
Wednesday, June 29, 2022 - 9:03pm | 419Spirit Airlines Inc (NYSE: SAVE) on Wednesday postponed a key shareholder vote on a proposed deal with Frontier Group Holding Inc (NASDAQ: ULCC) until next week. What Happened: The Florida-based airline said it aims to discuss more options with Frontier and...
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What Did Twitter Co-Founder Jack Dorsey Say About Elon Musk's Takeover Bid?
Friday, April 15, 2022 - 1:31pm | 455Twitter Inc founder (NYSE: TWTR) Jack Dorsey, who stepped down in 2021 saying the company is “ready to move on from its founders,” took to the platform on Friday to give his take on the recent Elon Musk bid to take Twitter private. What Happened: Musk entered an...
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Barrick Confirms Media Reports Of Interest In Newmont Mining
Monday, February 25, 2019 - 11:24am | 451Canada-based Barrick Gold Corp (NYSE: GOLD) confirmed Monday morning its interest in buying Newmont Mining Corp (NYSE: NEM) in a deal expected to capture "the missing billions." What Happened Media reports circulated last week that Barrick Gold is considering a hostile bid to...
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Aphria Falls After Rejecting Green Growth's Hostile Takeover Offer
Wednesday, February 6, 2019 - 10:29am | 401Canada-based cannabis company Aphria Inc (NYSE: APHA) said Wednesday Green Growth Brands Inc (OTC: GGBXF)'s hostile takeover offer significantly undervalues its stock and is inadequate. What Happened Green Growth presented an unsolicited takeover offer in which U.S.-based Green Growth will...
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Emerson Electric Upgraded As M&A Pursuit Ends
Tuesday, November 28, 2017 - 2:03pm | 508Emerson Electric Co. (NYSE: EMR) confirmed Tuesday it has withdrawn its offer to acquire smaller rival Rockwell Automation (NYSE: ROK) after boosting its initial offer of $200 per share in August to $225 per share. The Analyst Cowen's Gautam Khanna upgraded Emerson's stock rating from...
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10x Return Stocks (Part 1)
Wednesday, October 6, 2010 - 4:24am | 830When people think about 10 bagger stocks, they often think about all the wonderful growth stocks that gradually return 10x over time. Over the weekend, we ran some filters to seek out the current stocks that returned 10x between their lows and their highs during the past decade, to see how these...
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Hershey To Make Solo Bid For Cadbury
Thursday, January 14, 2010 - 9:57am | 318The Hershey Company (NYSE: HSY) is preparing a bid to buy British candy maker Cadbury PLC (NYSE: CBY), according to a source with knowledge of Hershey's plans. The company was preparing two possible bids, one with the aid of Italian candy maker Ferrero International and one without. It now looks as...