Henri Termeer, chairman and chief executive of the American biotech company Genzyme, told Le Figaro in an interview that while he was not against Sanofi-Aventis’s $18.5 billion takeover offer in principle, he thinks it should be higher. Newcomers among Genzyme shareholders, he said, had bought in at $70 to $72 per share, already above the [...]
Emile Wamsteker for General MotorsGeneral Motors executives at the stock exchange after the the automaker’s I.P.O., including Daniel F. Akerson, G.M.’s chief executive.Fred Prouser/Reuters Ron Bloom of the Treasury had to weigh raising the initial G.M. price. 9:03 a.m. | Updated For more than 16 months, the Obama administration had been waiting for the day [...]
Harrah’s Entertainment, the world’s biggest casino operator, has set the expected price range for its planned initial public stock offering and announced that it would be changing its name to the Caesars Entertainment Corporation. The company, which is owned by TPG Capital and Apollo Global Management, plans to sell 31.25 million shares at $15 to [...]
Edward E. Whitacre Jr. the chairman of General Motors, said Wednesday that the automaker’s shares were likely to be priced at $20 to $25 in G.M.’s initial public offering in November. “It’s a little too early to say, but it is going to be somewhere in the $20 range,” Mr. Whitacre said when asked by [...]
So just how much did Sidney Harman pay for Newsweek? The bargain-basement price of $1. The Washington Post Company, which revealed the price tag in a regulatory filing, also agreed to cover up to $10 million of Newsweek’s existing bills, The Associated Press reported. And it will hold on to certain employee pension liabilities, although [...]
So just how much did Sidney Harman pay for Newsweek? The bargain-basement price of $1. The Washington Post Company, which revealed the price tag in a regulatory filing, also agreed to cover up to $10 million of Newsweek’s existing bills, The Associated Press reported. And it will hold on to certain employee pension liabilities, although [...]
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