The offer was approved by Taro's board, including its two external directors.
The offer was approved by a United States Bankruptcy Court in Santa Ana, Calif., where the closely held Flashcom filed for protection in December.
Put to the board in a hastily called meeting, the decision to accept Sahara's offer was approved.
"The contract we offer is approved of by stricter scholars".
The FTSE 100 company will become the UK's second biggest telecoms operator, behind BT, if its 38p a share offer is approved by 75% of CWW's shareholders.
If the offer is approved by shareholders at an emergency general meeting later this summer, it will be the largest transaction in Irish corporate history, surpassing Vodafone Mannesmann's acquisition of Eircell, the former state cellphone company, in June 2001.
If the offer is approved by the courts, the deal will create America's biggest steelmaker and give ISG a high-grade steelmaking business to add to its operations.See article: Surprising progress in America's steel industryDiageo's attempts to consolidate its American drink-distribution business after its joint purchase, with France's Pernod Ricard, of Canada's Seagram could land it in court.
In a letter to MCI's board, Qwest said it has added a provision that would allow substitution of up to $2 billion in cash for $2 billion in stock should the offer be approved.
Blackstone Group has boosted its bid for the company to $55.50 a share, an offer that was approved by EOP's board.
See articleSanofi-Aventis, a French drugs group, claimed victory in its six-month pursuit of Genzyme, an American biotech company, when its improved takeover offer of $20.1 billion was approved by Genzyme's board.Borders filed for bankruptcy protection, as it struggles to pay big publishers.
Fortunately, after writing a letter to the lender explaining it was a temporary change and he had a job offer, the buyer was approved.
