Tag:

Hostile Bid

Latest Headlines

Latest Headlines

What's next for the Nasdaq

In the end, the NSYE successfully bet that the Justice Department would never allow a NYSE-Nasdaq combination. It seems like yet another massive blow to the Nasdaq OMX, a big strategic mistake. Recall that the Nasdaq's efforts to buy the London Stock Exchange ended in defeat as well. But can

Is NYSE Euronext bungling the Nasdaq OMX-ICE bid?

With every passing day, more NYSE Euronext shareholders seem to be asking management to stop cold-shouldering the tender offer by Nasdaq OMX and the IntercontinentalExchange. The latest comes from FOX Business's Charlie Gasparino, who reports, "I think you see the beginnings of an uprising goi

Nasdaq, ICE launch hostile bid for NYSE

It's on! The Nasdaq OMX and IntercontinentalExchange, as expected, have taken their battle for NYSE Euronext hostile. Under the terms of the Nasdaq-ICE offer, one common share of NYSE Euronext would be exchanged for $14.24 in cash, 0.4069s share of Nasdaq OMX common stock and 0.1436 shares of ICE

When will Nasdaq-ICE offer for NYSE go hostile?

The whole idea of the Nasdaq OMX and the IntercontinentalExchange taking its bid for NYSE Euronext hostile has been percolating for a week or so. But it looks like Nasdaq CEO Robert Greifeld is inching closer to that fateful step. He may have been emboldened by the strong sentiment expressed a

NYSE Euronext's board can choose against highest bid

Some of you may be wondering what the legal issues are regarding NYSE Euronext's board decision to stick with the lower bid. Are directors not trampling on shareholders rights? The New York Times ' Deal Professor provides an answer. The board was quite shrewd in structuring the deal as a me

Will the Nasdaq OMX go hostile in bid for NYSE?

The big question in the intensifying battle for NYSE Euronext is whether the Nasdaq OMX will mount a hostile offer for its archrival, after its higher offer was spurned. The NYSE Euronext board roundly rejected the higher Nasdaq OMX-InterContinental Exchange offer in favor of the original deal ann

Is a takeover of Lehman Brothers reasonable?

The ubiquitous Richard Bove, analyst at Ladenburg Thalmann, made headlines yet again when he recommended that his clients buy Lehman Brothers  because the "stage was set" for a hostile bid. But not everyone buys that, notes Financial News Online . The big question is, who would buy it? Few b