International Business News - Buyout http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A unit of Warren Buffett's Berkshire Hathaway said Thursday that it has begun the federal regulatory process needed to complete its acquisition of Constellation Energy. http://www.ibtimes.com/articles/20081002/midamerican-moves-forward-on-constellation-bid.htm Thu, 02 Oct 2008 16:48:52 EDT Wachovia Corp. said Tuesday it will assist its subsidiary Evergreen Investments by buying leftover debt from bankrupt investment bank Lehman Brothers. http://www.ibtimes.com/articles/20080930/wachovia-buying-lehman-debt-from-subsidiary.htm Tue, 30 Sep 2008 18:49:20 EDT A French nuclear power company is upping the ante for Constellation Energy Group Inc., offering to pay $35 per share for the Baltimore-based wholesale power supplier in hopes of unseating a deal Constellation made last week to be sold to MidAmerican Energy Holdings Co., a unit of Warren Buffett's Berkshire Hathaway Inc. http://www.ibtimes.com/articles/20080922/french-company-edf-raises-bid-for-constellation.htm Mon, 22 Sep 2008 17:08:57 EDT A wave of consolidation that has reshaped the generic drug industry in recent years will continue, experts say, as companies like Teva Pharmaceutical Industries and Mylan Inc. compete for new business in emerging global markets. http://www.ibtimes.com/articles/20080919/more-consolidation-seen-in-generic-drug-industry.htm Fri, 19 Sep 2008 16:20:02 EDT Warren Buffett's Berkshire Hathaway Inc. is reaching into its deep pockets to give a steady hand to Constellation Energy Group Inc. and, at the same time, grab a bargain. http://www.ibtimes.com/articles/20080918/midamerican-energy-to-buy-constellation-for-4-7b.htm Thu, 18 Sep 2008 19:41:46 EDT Drug developer King Pharmaceuticals Inc. launched its tender offer for rival Alpharma Inc. on Friday, taking its offer directly to shareholders after raising its bid 12 percent to $1.6 billion. http://www.ibtimes.com/articles/20080912/king-pharmaceuticals-launches-hostile-alpharma-bid.htm Fri, 12 Sep 2008 10:16:02 EDT The News Tribune on Monday offered voluntary buyout deals to 189 of its 350 full-time staffers although the publisher said the newspaper doesn't intend to accept anywhere near that number as it works to bring its expenses in line with reduced advertising income. http://www.ibtimes.com/articles/20080909/tacomas-news-tribune-offers-buyouts-to-189-staff.htm Tue, 09 Sep 2008 08:59:55 EDT Federal regulators are seeking additional information about Teva's plan to buy generic drug rival Barr Pharmaceuticals. The $7.5 billion deal, announced in July, would cement Israel-based Teva's role as the largest generic drugmaker in the world. http://www.ibtimes.com/articles/20080903/ftc-seeks-more-information-on-tevas-barr-takeover.htm Wed, 03 Sep 2008 15:02:35 EDT Chip maker International Rectifier Corp. has rejected a $1.6 billion buyout offer from competitor Vishay Intertechnology, saying it undervalues the company. http://www.ibtimes.com/articles/20080829/international-rectifier-rejects-vishay-buyout-bid.htm Fri, 29 Aug 2008 09:36:30 EDT The Sacramento Bee and The Fresno Bee offered voluntary buyouts to a majority of their full-time employees Monday in the latest round of cost-cutting at the newspapers. http://www.ibtimes.com/articles/20080825/sacramento-bee-offers-mass-buyouts-to-news-staff.htm Mon, 25 Aug 2008 20:34:31 EDT The Modesto Bee is offering all its full-time employees buyouts, the newspaper's second round of buyout offers this year. The offer was extended Monday to about 200 full-time employees, according to Bee publisher Margaret Randazzo, who said changes in the news industry exacerbated by tough economic times spurred the need for cuts. http://www.ibtimes.com/articles/20080819/modesto-bee-offers-buyouts-to-all-full-timers.htm Tue, 19 Aug 2008 16:30:52 EDT Gilat Satellite Networks Ltd. said Thursday that it informed a group of private-equity investors that have agreed to buy the company that it has fulfilled conditions necessary for the deal to close. http://www.ibtimes.com/articles/20080814/gilat-says-conditions-satisfied-for-475m-buyout.htm Thu, 14 Aug 2008 12:17:12 EDT Biotechnology giant Genentech Inc. rejected a $43.7 billion buyout offer from its majority owner Roche on Wednesday but said it is open to a higher takeover bid. http://www.ibtimes.com/articles/20080813/genentech-rejects-roches-43-7-billion-bid.htm Wed, 13 Aug 2008 13:13:18 EDT Tennessee officials have approved 1,521 state employees' applications for voluntary buyouts. Friday will be the last day on the job for most of the workers taking the buyout. http://www.ibtimes.com/articles/20080811/tennessee-employee-buyout-applications-approved.htm Mon, 11 Aug 2008 15:26:24 EDT Electronic Data Systems Corp. said Thursday that its shareholders approved the acquisition of the company by Hewlett-Packard Co. EDS said about 98.8 percent of the company's shares of common stock that voted on the acquisition at a special meeting on June 24 were in favor of it, representing about 72.4 percent of the company's issued and outstanding shares as of that day. http://www.ibtimes.com/articles/20080731/eds-stockholders-approve-acquisition-by-hp.htm Thu, 31 Jul 2008 18:55:08 EDT The long-delayed deal to take radio and billboard company Clear Channel Communications Inc. private closed Wednesday. Bain Capital Partners and Thomas H. Lee Partners bought the nation's largest radio station operator for $17.9 billion, paying investors $36 per share. The equity firms assumed another $5.9 billion in debt. http://www.ibtimes.com/articles/20080730/clear-channel-goes-private-as-delayed-deal-closes.htm Wed, 30 Jul 2008 12:33:15 EDT A global consolidation of the coal industry is shifting into overdrive. Mining giant Teck Cominco said Tuesday it will buy up all of the Fording Canadian Coal Trust for close to $14 billion in cash and stock. The deal is just the latest in a growing string of giant acquisitions centered on coking coal, a key raw material for certain steel mills. http://www.ibtimes.com/articles/20080729/teck-cominco-buys-fording-for-nearly-14-billion.htm Tue, 29 Jul 2008 15:57:15 EDT As expected, shareholders of Clear Channel Communications Inc. approved the buyout of the radio-station and billboard company Thursday, bringing a 20-month process close to its end. http://www.ibtimes.com/articles/20080724/shareholders-approve-clear-channel-buyout.htm Thu, 24 Jul 2008 19:11:06 EDT The state Board of Animal Health says 6,800 cattle will be slaughtered or removed from a region in northwest Minnesota that has been infected with bovine tuberculosis. http://www.ibtimes.com/articles/20080724/tb-buyout-program-will-remove-6-800-minn-cattle.htm Thu, 24 Jul 2008 14:15:31 EDT The deal to take Clear Channel Communications Inc. private, announced 20 months ago, has been the subject of a lot of static from rankled shareholders, company officials and lenders. http://www.ibtimes.com/data/articleimgs/95601-clear-channel-headquarters.jpg http://www.ibtimes.com/articles/20080722/shareholders-consider-clear-channel-buyout-again.htm http://www.ibtimes.com/articles/20080722/shareholders-consider-clear-channel-buyout-again.htm Tue, 22 Jul 2008 08:17:51 EDT