Yes. DANG have ignore $8.8 and offer $6.5 and trample law and common sense.
is there any possible that the ADS holder can do to force Ynu accept $8.8?
Office Depot will also get a $250 million breakup fee from Staples. It could potentially use this to retire its $250 million senior secured notes, which recently became pre-payable (at a small premium). This debt carries a high 9.75% interest rate, so paying it off now would save the company more than $24 million in interest expense annually.
The stock of Dht Holdings Incorporated (NYSE:DHT) registered a decrease of 12.61% in short interest. DHT’s total short interest was 5.90M shares in March as published by FINRA. Its down 12.61% from 6.76M shares, reported previously. With 1.95 million shares average volume, it will take short sellers 3 days to cover their DHT’s short positions.
Billionaire Carl Icahn has bought a 7% stake in Xerox.
The company disclosed this in a regulatory filing on Monday evening.
Icahn bought 72.2 million shares for about $86.5 million. The stake made him one of the largest owners of the printer maker. Other major stakeholders include Vanguard and BlackRock, according to Bloomberg.
Xerox shares jumped by as much as 10% in after-hours trading. Year-to-date, the shares have fallen about 22%.
China CITIC Bank Corp Ltd and Baidu Inc on Wednesday said they plan to set up a direct bank to capitalize on China's booming online finance market, in the country's first tie-up between an Internet firm and a lender.
The arrested one is the president of CITIC Securities. Bidu is with CITIC Bank. They are different arms under CITIC Group