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A pair of activist investors ratcheted up the pressure on CommonWealth REIT on Wednesday, filing a lawsuit to block a proposed stock offering and reiterating a proposal to acquire the real estate company outright.
- Shenzhen-listed Meinian Onehealth Healthcare Groupp) Co., Ltd. and a group of private investors have submitted a preliminary non-binding proposal to acquire NASDAQ-listed rival iKang Healthcare Group, outbidding a previous deal proposed by iKang's founder and FountainVest Partners.
Instead, I hereby formally withdraw Microsoft's proposal to acquire Yahoo!
Within two weeks, SPX, a competitor of Gardner's, submitted a preliminary proposal to acquire the company.
CF dropped this official bid but kept its proposal to acquire the company.
A few days later Conti nental said it had made a proposal to acquire Western.
This is what happened when Sulzberger made what Kann calls his "soft proposal" to acquire Dow Jones.
On Monday, he went public with a proposal to acquire Best Buy from $24 to $26 a share in cash.
Yet to anyone paying close attention, the Fry's proposal to acquire Cyberian Outpost should hardly have come as a surprise.
Sure enough, the dynamics of the game shifted in January, when Dish Network made a proposal to acquire the company for $3.30 a share.
Avon, the cosmetics company, surged 17 percent to $22.70 after Coty said it had submitted a nonbinding proposal to acquire the company for $23.25 a share in cash.
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