Articles about Takeover

Poison pill

Micron sets a canary to watch over its stock in case of takeover

A filing in the Securities Exchange Commission has set the hounds running on speculation that Micron Technology is the latest takeover target in the ongoing consolidation of the chip business. The filing, in the arcane language of SEC documents, gets to the point in this statement: “[N]o person will become an Acquiring …

Speaking in Tech: Laugh it up, Dell/EMC cloud guys... while you can

Podcast It's another episode of our weekly techcast, hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. This week it's a full house to talk about Dell and EMC, but there was also news from AWS re:Invent, Safe Harbor and Apple. Our special guests this week are Stu Miniman, senior analyst at Wikibon and Brian Gracely, Wikibon …
Team Register, 14 Oct 2015
Acer E series laptops

Acer honourary chairman Shih would 'welcome' takeover bid

Stan Shih, the man who founded Acer and returned to rescue the business when it fell on hard times, would be receptive to a takeover bid but – despite its continued troubles – warned it won’t be sold on the cheap. The Taiwanese PC-maker’s honorary chairman told local press that he would “welcome” such a move, as Reuters …
Paul Kunert, 27 Aug 2015
HP

Judge nixes HP deal for director amnesty after $8.8bn Autonomy snafu

HP's plan to defend its directors in the Autonomy scandal – and present a united front against the Brit business's former execs and their auditors – has been thrown into doubt by a US judge. Last month HP announced a settlement with lawyers representing its own shareholders, who had brought legal action against HP: the …
Iain Thomson, 25 Aug 2014

Fox wants Time to wrap up even more content

Rupert Murdoch, through 21st Century Fox, has launched a $US80 billion unsolicited takeover offer for Time Warner, to a chilly reception from its target. The deal was proposed by Murdoch's vehicle during June, but says that Time Warner “declined to pursue” the proposal. At the moment, Fox says, “We are not currently in any …
michael_dell

Dell, the man, prevails in quest to wrest Dell, the company, from Wall Street

Analysis So that's done, then. Shareholders of IT giant Dell have approved a $24.9bn private takeover bid put together by company founder Michael Dell, Silver Lake Partners, and borrowed dough from Microsoft and a slew of banks. Now Wall Street will be off Dell's back as it tries to reorganize itself for the future of computing, …
Dell logo in crosshairs

Dell committee says 'no way' on takeover vote change

The special committee of Dell board members that is reviewing the two proposals that will decide the fate of their company have told the Michael Dell/Silver Lake Partners consortium that they are not willing to change the voting rules, as the consortium had requested. And so the ongoing saga of Michael Dell's attempt to take …
Dell logo in crosshairs

Dell takeover latest: Icahn tells Big Mike where to stick his rule rewrite

Michael Dell and Silver Lake Partners, who want to take sole control of IT giant Dell, are willing to offer their fellow stockholders $13.75 for each share - but only if the rules on voting on the deal are changed. Unsurprisingly, top-gun investor Carl Icahn, who has a $14-per-share deal on the table, has now urged the Dell …
Dell logo in crosshairs

Icahn, SAM to give MickeyD the boot if they take over Dell

Michael Dell wants to take his company the company that bears his name private, but he might be polishing up his resume instead in a few months. Activist investor Carl Icahn and Southeastern Asset Management made it clear last Friday that they were not happy with the proposed $24.4bn takeover of Dell by the company's founder, …
Game logo

Game closes 277 stores

High street retailer Game's administrators started the company shakedown in frantic fashion today, announcing the immediate closure of 277 stores in the UK and Ireland, and suspension of refunds and exchanges, store credit and the company's Reward card scheme. While points can still be earned through purchases in Game's …
Caleb Cox, 26 Mar 2012
The Register breaking news

Yahoo! hit! by! hour-long! downtime! blues!

Yahoo.com went titsup for about an hour yesterday afternoon, but the company hasn't explained what went wrong yet. “For a brief period this afternoon, Yahoo.com was inaccessible to some users. We have identified the issue and are working to correct it immediately. We know that this may have caused some inconvenience and we …
Kelly Fiveash, 15 Oct 2010
The Register breaking news

Novell mulls hedge fund takeover

Commercial Linux distro and systems software maker Novell said last night, after it had received a takeover deal from a New York hedge fund named Elliott Associates to take Novell private, that it would put out a statement about the proposal. It took nearly four hours to come up with the statement, and the wonder is why. Here' …
graph up

Hedge fund offers $1bn for Novell

Well, here's another potential acquisition that might slip through IBM's hands. New York-based hedge fund Elliott Associates sent a letter to the board of directors of Novell today after the market closed, offering the company $5.75 per share to take the company private. As Wall Street closed on Tuesday, Novell's shares ended …
The Register breaking news

Cadbury flakes in face of Kraft bid - cuts expected

Cadbury, the 186-year old chocolate maker, has given up the fight and accepted a hostile takeover bid from Kraft. The two firms are still locked in final negotiations - an update given to the London Stock Exchange said they were finalising terms and that a further announcement will be issued shortly. The offer is for 840p per …
John Oates, 19 Jan 2010
The Register breaking news

Corel receives bigger buyout offer

Corel has told regulators in Canada that it has received an improved offer to buy the firm, and the board has not yet decided what to do. Venture capital firm Vector Capital, which already owns a majority stake in desktop software vendor Corel, is offering to buy the rest of the firm. In a statement to Canadian share …
John Oates, 13 Nov 2009
cable

Cisco's Norwegian buy looking dodgy

Cisco's takeover plans for Norwegian video conferencing firm Tandberg are looking increasingly shaky - less than ten per cent of shareholders have so far voted in favour of the deal. Cisco has already extended the deadline for acceptance until 18 November in face of shareholders' lack of enthusiasm. If 90 per cent of …
John Oates, 11 Nov 2009
arrow pointing up

EMC whacks up Data Domain bid

EMC has raised its Data Domain bid from $30/share to $33.50/share, giving the company a $2.1bn valuation and potentially knocking NetApp out of the running. EMC is trying to buy Data Domain in competition with NetApp which has made a part-cash, part-stock bid, also worth $30/share. Both EMC and NetApp want to bring Data Domain …
Chris Mellor, 6 Jul 2009
cloud

Sun begs IBM to come back and talk

Updated If IBM would only commit a little more to the deal, Sun is keen to resume takeover talks again, according to Bloomberg. It is citing two people close to the talks, which ended on April 5th. At that point IBM withdrew an offer for Sun valued at around $6.85bn or aproximately $9.40 per Sun share, after Sun terminated exclusive …
Chris Mellor, 16 Apr 2009

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