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

To: richardred who wrote (637)	1/31/2005 8:18:59 AM
From: richardred	Respond to of 7259

A big potential one. Big money is out buying this year. MetLife in Talks to Buy Travelers Monday January 31, 7:32 am ET Report: MetLife in Talks to Buy Travelers Life & Annuity in Deal That Could Be Worth $12 Billion NEW YORK (AP) -- MetLife Inc. is in talks to acquire Citigroup Inc.'s Travelers Life & Annuity Co. in a deal that could be worth as much as $12 billion, The Wall Street Journal reported Monday. An announcement could be expected in a matter of days, the newspaper said, citing sources close to the matter. Representatives for MetLife and Citigroup did not return requests for comment from the Journal on Sunday. The move would continue a trend of Citigroup selling off several of its noncore businesses. In November, the company sold a truck-leasing operation to General Electric Co., for $4.4 billion. It also sold its European vendor-finance leasing operation for CIT Group Inc. Citigroup, the world's largest financial institution, was created through the 1998 merger of Citibank and Travelers Group. biz.yahoo.com

To: richardred who wrote (637)	3/4/2005 12:53:17 AM
From: richardred	Respond to of 7259

I thought Kodak was done buying. Talking about going great guns digital. Kodak Completes Acquisition of OREX Radiography, Ltd. Thursday March 3, 4:05 pm ET ROCHESTER, N.Y.--(BUSINESS WIRE)--March 3, 2005--Eastman Kodak Company today announced the completion of its acquisition of OREX Computed Radiography Ltd., a leading provider of compact, robust computed radiography systems that enable medical practitioners to acquire patient x-ray images digitally. Kodak paid $51.3 million in cash at closing to acquire privately held OREX. The purchase price is subject to adjustment based upon the final closing balance sheet, which will be audited after the closing. OREX has become a wholly owned subsidiary of Kodak and operates within Kodak's Health Group. With 84 employees worldwide, OREX will remain in its principal location in Yokneam, Israel. The technology and innovation behind the hardware and software that make up OREX's small format computed radiography (CR) products have resulted in one of the most versatile and flexible compact CR systems on the market. OREX manufactures and markets these systems for specialty markets, such as orthopedics, imaging centers and dentistry. Customers in another market Kodak serves also use CR systems from OREX--industrial non-destructive testing (NDT) organizations, such as pipeline companies, foundries and aerospace manufacturers. About OREX OREX was founded in 1996 as Digident with a focus on developing innovative CR solutions for general dental and orthodontist practices. In 2000, the company was renamed OREX Computerized Radiography with an expanded mission to address the wide range of medical applications for D-CR. To date, almost 4,000 OREX D-CR medical and dental systems have been installed around the world. OREX is headquartered in Yokneam, Israel, with U.S. headquarters in Auburndale, Mass. For more information about OREX, visit their website at www.orex-cr.com About Kodak's Health Group Kodak's Health Group, with 2004 revenues of $2.68 billion, is a world leader in supplying the medical and dental professions with advanced healthcare products, services and information technology (IT) solutions. Its broad product portfolio includes picture archiving and communications systems (PACS), radiology information systems (RIS), enterprise and departmental healthcare information systems, computed radiography (CR) and digital radiography (DR) systems, laser imagers, mammography systems, x-ray film systems for general radiography, and dental imaging products. Its broad services portfolio includes everything from repair and maintenance, to professional services encompassing equipment integration, business consulting, storage and archiving, secure e-mail services - and more. Kodak's Health Group and Eastman Kodak Company's (NYSE: EK - News) other major businesses: Graphic Communications - offering on-demand color and black and white printing, wide-format inkjet printing, high-speed, high-volume continuous inkjet printing, as well as document scanning, archiving and multi-vendor IT services; Digital & Film Imaging Systems - providing consumers, professionals and cinematographers with digital and traditional products and services; and Display & Components - which designs and manufactures state-of-the-art organic light-emitting diode displays as well as other specialty materials, and delivers imaging sensors to original equipment manufacturers--together are committed to a digitally oriented growth strategy. For more information about Kodak's Health Group, contact your Kodak representative or visit www.kodak.com/go/health. biz.yahoo.com