Nov 7 2010

A Potpourri of Deal-Making

This was a busy week for the nation, but also an eventful week for deal-making. The arbitrage favorites: Airgas/Air Products and Potash/BHP Billiton both had price-shifting events. Beyond these closely scrutinized transactions, a number of other deals generated interesting news. Here are a few that caught my eye: About The Deal ProfessorSteven M. Davidoff, writing [...]


Nov 4 2010

The End of the Line for BHP’s Potash Bid

So will BHP Billiton come back with a better bid for Potash? On the record, BHP says it “will review its options.” But behind the scenes, people involved in the negotiations over the Potash Corporation of Saskatchewan said they expected to “throw in the towel,” as one executive said on Wednesday night. “It’s over,” said [...]


Oct 29 2010

Potash’s Doyle Urges Investor Patience

The chief executive of Potash Corporation of Saskatchewan, William J. Doyle, urged patience for investors expecting an alternative to BHP Billiton’s $40 billion bid, two months after starting talks with potential suitors, Bloomberg News reported. “I laugh when I see people presume or assume a certain outcome,” Doyle said in a telephone interview from Potash’s [...]


Oct 29 2010

Potash’s Doyle Urges Investor Patience

The chief executive of Potash Corporation of Saskatchewan, William J. Doyle, urged patience for investors expecting an alternative to BHP Billiton’s $40 billion bid, two months after starting talks with potential suitors, Bloomberg News reported. “I laugh when I see people presume or assume a certain outcome,” Doyle said in a telephone interview from Potash’s [...]


Oct 29 2010

Potash’s Doyle Urges Investor Patience

The chief executive of Potash Corporation of Saskatchewan, William J. Doyle, urged patience for investors expecting an alternative to BHP Billiton’s $40 billion bid, two months after starting talks with potential suitors, Bloomberg News reported. “I laugh when I see people presume or assume a certain outcome,” Doyle said in a telephone interview from Potash’s [...]


Oct 22 2010

In Potash War, Is Saskatchewan the New Venezuela?

The government of Saskatchewan has waded into the middle of Potash’s takeover battle, officially opposing BHP Billiton’s $39 billion unsolicited bid. The province’s government said Thursday that it’s looking out for its citizens, arguing that BHP’s offer provides no “net benefit” to the people of Saskatchewan. But Terence Corcoran of The National Post has a [...]