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From the Blogosphere
Cascade Investments (owned by Bill Gates) bets big on Republic Services (RSG)
Notable Mergers and Acquisitions of the Day 8/15: VSH/IRF, RSG/WMI
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StreetInsider.com Notable Mergers and Acquisitions of the Day:<>Vishay Intertechnology, Inc. (NYSE: VSH) made a non-binding proposal to the International Rectifier Corporation (NYSE: IRF) Board of Directors to acquire all the outstanding shares of International Rectifier common stock for $21.22 per share in cash, or total payment of approximately $1.6 billion.
This offer represents an approximately 13% premium over the closing price of International Rectifier common stock of $18.82 on August 14, 2008, and a 20% premium over its 30 day moving average of $17.69.
<>Republic Services, Inc. (NYSE:>>...
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Notable Mergers and Acquisitions of the Day 8/11 (WMI/RSG, MT, ALY/BRNC)
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StreetInsider.com Notable Mergers and Acquisitions of the Day:<><>Waste Management, Inc. (NYSE: WMI) improved its all-cash takeover proposal for Republic Services, Inc. (NYSE: RSG) to $37 per share. This is up from the prior offer of $34 per share.In its revised proposal, Waste Management addressed the concerns expressed by Republic’s Board by stating that it:<> would pay Republic a fee of $250 million if the parties are unable to close a transaction due to opposition from the U.S. Department of Justice;
<> would provide further assurance on its ability to close the transaction in a timely>>>>...
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Waste Management's latest Republic bid is too good to pass up
Before the bell: WMI, VZ, BRK.A, UPS, GMT, AAPL, Q
Filed under: Before the bell, Earnings reports, Deals, Apple Inc (AAPL), General Electric (GE), Berkshire Hathaway (BRK.A), Employees, Market matters, Verizon Communications (VZ), United Parcel'B' (UPS), Economic data, Qwest Communications Intl (Q), Oil U.S. stock futures were a little higher this morning following Friday's rally. Oil futures have been rising again due to the Russian-Georgian conflict and the dollar retracted from the five-month high set Friday. Global markets were mostly higher although China's hit a 19-month low.
Waste Management (NYSE: WMI) is expected to <>raise its unsolic>...
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