Neptune Orient, which owns American President Lines, also said it would offer stockholders about $300 million in new shares to pay off debts.
ICE's resubmitted proposal offers stockholders of CBOT Holdings the option of receiving cash equivalent to the value of 1.42 ICE shares per CBOT share at the close of the merger.
Blockbuster, the nation's largest movie-rental chain, said it would offer stockholders of its top rival $11.50 per share in cash, or about $700 million, plus the assumption of $300 million of Hollywood debt.
An agreement with Vestar Capital Partners, a New York-based venture firm that has done deals with Sun Apparel and Anvil Knitwear, offers stockholders $30 a share in a $520 million management buyout.
Including all shares offered from stockholders selling in this offering, the "greenshoe" and the actual IPO, Dropbox will have a valuation between $7.2 billion and $7.96 billion.
He offered the stockholders $5.50 a share, or more than 30 percent beyond what the stock was trading for.
At all times, our board and management have made clear that they have been open to entering into any transaction, including a sale to Microsoft if it valued the company fairly and offered our stockholders certainty that they would receive that value, an important consideration given the likely lengthy regulatory review process before a deal would be approved.
In the exchange offers, stockholders of the three public companies would be offered a premium of 7.5% over the market price as of the close on Friday, May 31, USA Interactive said, taking to point out that the offers should not be considered hostile.
"We are pleased to offer Tribune stockholders a significant and compelling premium and immediate cash value for their investment," said John Jeffry Louis, chairman of Gannett's board of directors.
Instead, the alternative proposal — in which the company would buy back 1.1 billion shares at $14 each — would offer existing stockholders more money while giving them a chance to keep a piece of the company.
