Thanks to today's rabid rat race for the hottest social media start-ups, Snapchat has joined the list of tech companies — like Tumblr and Instagram — with no money coming in but multiple sky-high takeover offers.
Dynegy described Mr. Icahn's $5.50-a-share 5.50-a-share 5.50-a-share bid aimed at flushing offerigher taseover proposals.
Shares of Dell closed unchanged at $14.14 on Friday, indicating that investors were expecting a higher takeover offer.
After walking away from higher takeover offers from the private equity firm Sycamore Partners, the troubled women's clothing retailer struck a more modest deal on Thursday.
Mr. Perry, whose initial opposition to BASF led to a higher takeover price, had led Engelhard, based in Iselin, N.J., since 2001.
FTSE 100 biggest risers, May 1 2014 Photograph: /Thomson Reuters And AstraZeneca closed at its highest level since Pfizer made its initial approach, in a late burst as Bloomberg reported that a higher takeover bid was on the cards.
Two months after agreeing a "merger-of-equals" with Ireland's Greencore, Northern Foods has succumbed to a much higher takeover bid from Boparan's company, West Midlands-based 2 Sisters.
See articleSAB Miller, one of the world's biggest brewers, succeeded in its three-month pursuit of Foster's, after the Australian beermaker recommended that shareholders accept a higher takeover offer of A$9.9 billion ($10.1 billion).
BEN PROTESS A LOWER BID After walking away from higher takeover offers from the private equity firm Sycamore Partners, the troubled women's clothing retailer Talbots struck a more modest deal on Thursday.
[C12.] MCI to Stick With Verizon Deal The board of MCI Inc. said last night that it was sticking by its merger agreement with Verizon Communications and rejecting a higher takeover bid from rival Qwest Communications.
BEA Systems stared down Oracle and walked away a with a higher takeover offer.
