SOUTHLAKE, Texas & LONDON -- Sabre Holdings Corporation (NYSE:TSG) is pleased to announce that the acquisition of lastminute.com plc ("lastminute") by Travelocity Europe Limited has completed. This means that the proposal to redeem lastminute.com's bonds is now unconditional and the bonds will be redeemed on August 3, 2005. The acquisition...
When a client wants to determine the worth of its company, it wants to know what would be considered a "Fair price" in an acquisition scenario. This process is a matter of financial calculations, often driven by key assumptions, and is usually much more of an art than a science....
According to a report in the U.K.'s Sunday Times, NTL is planning to hike its acquisition price for Virgin Mobile. NTL is expected to announce the revised price by the second week of January 2006. The independent directors of the telecom company declined According to a report in the U.K.'s...
This paper uses a hedonic pricing model to estimate economic depreciation for multifamily real estate. Data was obtained from the National Council of Real Estate Investment Fiduciaries NCREIF on the acquisition price of all properties that are included in the NCREIF database. The age of the property on the acquisition...
INDIANAPOLIS--BW HealthWire--Feb. 1, 1999--Guidant Corporation (NYSE:GDT) (PCX:GDT) today announced the completion of its acquisition of Sulzer Medica Ltd's (Swiss Stock Exchange:SMEN) (NYSE:SM) electrophysiology business. The acquisition price, including related fees, is approximately $810 million cash, subject to final adjustments.
Trestle Holdings, Inc. (OTC BB: TLHO), a supplier of digital imaging systems and services for pathology, drug safety and discovery, today announced that it has consummated its previously announced acquisition of the assets of InterScope Technologies Inc. The acquisition price was 377,838 shares of Trestle common stock, the reimbursement...
DALLAS -- Blockbuster recently confirmed its willingness to increase its potential acquisition price for Hollywood Entertainment above the prior bid price of $11.50 per share. However, the increase is subject to Blockbuster's review of information from Hollywood and Hollywood's elimination of a standstill requirement currently preventing delivery of the information.
Ockham Research submits: Anheuser-Busch BUD shareholders-of-record as of October 3, 2008 will vote on November 12, 2008 to approve the sale of the company to Belgian brewer InBev (INBVF.PK) for $52 billion. InBev claims to have solid financing already in place for the transaction and one would assume that...
This paper examines multinationals' optimal entry modes into foreign markets as a function of market size, FDI Foreign Direct Investment fixed costs, tariffs and transport costs. The results highlight why large countries are more likely to attract acquisition investment, while intermediate sized countries may be served predominantly through trade, even...
GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust REIT, today announced that it has entered into an agreement to purchase two hotels for $21.3 million, including the assumption of $5.7 million of debt. On a room-rate basis, the acquisition price will be $71,000 per...
1. Capital One plans to acquire Hibernia Corp. for $5.3 billion in cash and stock, creating a financial institution that ranks in the top 10 for consumer lending and the top 20 for total deposits. The acquisition price represents a 24 percent premium ove 1. Capital One plans to acquire...
AMGEN posted an 11 percent gain in first quarter profit to $341 million, or 32 cents per share, above JP Morgan estimates by one cent. Revenues rose 12 percent to $1 billion. Amgen increased the wholesaler acquisition price for immunity boosting dr AMGEN posted...
SAN JOSE, CALIF.--Zilog is struggling financially and last week announced that its recent poor financial performance has forced the company to renegotiate the agreement it signed earlier this year to be bought by venture capital firm Texas Pacific Group (EN, July 28), Zilog chairman, president and CEO Dr. Edgar Sack...
Investment liberalizing countries are often concerned that cross-border mergers & acquisitions might have an adverse effect on domestic firms and benefit multinational enterprises MNEs. However, given that domestic assets are sufficiently scarce; this paper identifies a preemption effect and an asset complementarity effect which imply that the acquisition price is...
Rock-Tenn Co. has acquired Cartem Wilco Group Inc., a privately held Canadian manufacturer of folding cartons and specialty packaging. The acquisition price was $65.3 million. Cartem Wilco Group's Montreal specialty plant is a manufacturer of Rock-Tenn Co. has...
LOS ANGELES -- SCI Real Estate Investments is pleased to announce the acquisition of the Parkway Plaza Shopping Center property located in Orlando, Florida. The property is 98% occupied, measures approximately 64,688 square feet, and was acquired at a 7.25% CAP Rate for a total acquisition price of $10,233,500. Scott...
LOS ANGELES -- SCI Real Estate Investments is pleased to announce the acquisition of the Plaza at Puente Hills Shopping Center property located in City of Industry, Calif. The property is 95% occupied, measures approximately 177,933 square feet, and was acquired at a 6.94% CAP Rate for a total acquisition...
PROVIDENCE, R.I.--BUSINESS WIRE--Oct. 14, 1998--A press release issued by First Financial Corporation (NASDAQ:FTFN) this morning indicated an acquisition price of Mayflower Co-operative Bank (NASDAQ:MFLR) Middleboro, Mass. at approximately $25.2 million which represents $27 per fully diluted share. The announcement was made by Patrick J. Shanahan, Jr., chairman, president and chief...
With AT&T Tech Support 360, you'll have certified, U.S. based technicians on call 24/7 to help keep your computers, connections, software and peripherals up to speed for just 82¢ a day.
