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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (617)1/27/2005 12:31:40 PM
From: richardred  Read Replies (1) | Respond to of 7242
 
It's not that I'm not appreciative, but the price on the deal was kind of stingy. The problem is that there's not that much float out there.
Message 20701399

With Eastman throwing in the towel. It should be a lock on a done deal. Minority shareholders do have dissenting rights. I'm sure there will be an opinion from an investment banker as to the fairness of the deal. Danisco still might throw minority shareholders a bone and pony up maybe 75 cents. I'd be surprised if we get anything more than that.



To: richardred who wrote (617)1/27/2005 10:33:44 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 7242
 
Nice call. Time for you to buy the thread a round of drinks.

It looks like Proctor & Gamble is going to acquire Gillette for $54 billion.

story.news.yahoo.com

P&G Offers $54 Bln in Stock for Gillette

Business - Reuters

NEW YORK (Reuters) - Procter & Gamble Co. (NYSE:PG - news) is close to an agreement to buy Gillette Co. (NYSE:G - news) for more than $54 billion in stock, in a bid to create the world's largest consumer products company, sources close to the situation said on Thursday.

Under terms of the deal, P&G would offer 0.975 P&G share for each share of Gillette, according to the sources.

That would value shares of Gillette, whose products include its namesake shaving products and Duracell batteries, at $53.94 per share, or a nearly 18 percent premium to its closing stock price of $45.85 on Thursday. Shares of Gillette climbed nearly 2 percent to $45.85 in Thursday trade


The deal would make P&G the world's largest consumer products maker, surpassing Unilever NV (UNc.AS), whose brands include Lipton tea and Dove soap.

Cincinnati-based P&G, which already makes everything from Crest toothpaste to Tide laundry detergent, and Boston-based Gillette both declined to comment.

P&G's top executives are scheduled to meet with investors in New York early on Friday morning.



To: richardred who wrote (617)1/9/2011 11:07:05 PM
From: richardred  Respond to of 7242
 
Looking to be a Merger Monday

DuPont to acquire Danisco for $6.3 billion
Related stories

TOKYO (MarketWatch) -- DuPont said late Sunday that is has entered into a definitive agreement for the acquisition of Danisco, a Denmark-based global enzyme and specialty food ingredients company, for $5.8 billion in cash and assumption of $500 million of Danisco net debt. Wilmington, Del.-based DuPont said it expects to finance the deal with about $3 billion in existing cash and the remainder in debt. The transaction is expected to close early in the second quarter and be cash and earnings accretive in 2012, the first full year of the combined entity, Dupont said in a statment. DuPont has set its 2011 earnings-per-share outlook at a range of $3.30 to $3.60 per share. The anticipated impact of this transaction would reduce that outlook by $0.30 to $0.45 per share on a reported basis, it said.
marketwatch.com