Post Profile






Warren Buffett Needs a Pint of Ben & Jerry’s After This Merger Rejection

Post Valentine's Day, a proposal went sour. Kraft Heinz, the company created by Warren Buffett and 3G's matchmaking, proposed a merger with Unilever. Unilever (UL) rebuffed Kraft's (KHZ) advances. Kraft climbed 5% to $92 after the proposal, and then dropped to around $87 after the rejection.  Meanwhile Unilever shares rose to $43 on the news. Kraft Heinz, which reported fourth-quarter earnings on Thursday, is in need of a partner.
read more

share

Related Posts


ANNALS OF THE .01 PERCENT: Sen. Elizabeth Warren got $525,000 advance for new book. So here’s a ne…

US Politics / Conservative : Instapundit

ANNALS OF THE.01 PERCENT: Sen. Elizabeth Warren got $525,000 advance for new book. So here’s a new proposal, to accompany my revolving-door surtax: Book advances received by serving government officials or those less than one year o...

Merger speeds up for Random House, Penguin

United States / New York : Crain's New York Business

The proposed merger between Random House and Penguin is moving toward the finish line faster than expected, according to an internal memo that went out to Penguin staffers Friday morning. The memo was sent in advance of parent compa...

AT&T Buys DirecTV In $67 Billion Deal; Pfizer Makes "Final Proposal" To Buy AstraZeneca, Boosts Offer By 15%

Business & Finance : Zero Hedge

In what is setting up to be a scorching merger Monday, moments ago we got confirmation of news that had been leaked days in advance, namely that both the boards of AT&T and DirecTV had agreed to a transaction whereby AT&T would buy ...

A 15-year-old merger between the London Stock Exchange and Deutsche Boerse is back on

Business & Finance : Business Insider: Clusterstock

Germany's Deutsche Boerse and the London Stock Exchange are in merger talks. The deal, first proposed in May 2001 but since abandoned, is at an advanced stage and the two groups are "in detailed discussions about a potential merger ...

Staples Finally Proposes To Office Depot With $6.3 Billion Merger Deal

Lifestyle / Shopping : The Consumerist

A day after it was reported that Staples and Office Depot had entered into advanced talks about a merger, it appears one of the companies popped the big question. Staples will buy Office Depot for $6.3 billion in cash and stock in a...

Comments


Copyright © 2016 Regator, LLC