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Well, OK, it might be worth paying a modest takeover premium for that.
The cash and stock deal, announced this Tuesday, is a modest takeover— a source believes Butter's valuation didn't break seven-figures— but it embodies 4INFO's major shift in strategy.
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One reason for this unusual performance, he believes, is that takeover premiums have been modest.
Before the takeover, Boots UK bore a modest 50p-worth of loans for every £1 of equity, or net assets.
The trio — Axwell, Steve Angello, Sebastian Ingrosso — is splitting after a few years of reshaping the scale of the global dance music takeover to return to their modest lives as individual dance-music superstars.
SABMiller has promised savings of $120m a year by 2010 through its takeover of Bavaria, though this is quite a modest sum in the overall context of the deal.
The Larry Ellison Larry Ellison- -helmed firm still seeking to seize control of rival PeopleSoft with a $7.3 billion hostile takeover bid–Friday posted a 28% leap in quarterly profit on a modest gain in revenue.
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.
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.
A takeover.
ANOTHER day, another takeover.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com