Yes, the world must wait until the World Cup is decided before embarking on any new actions.
Unless another potential buyer steps up to the plate. Now we will quickly see just how valuable SHPG is to the pharma world.
@@@@(Reuters) - Shire Plc is seeking a higher takeover offer from U.S. drugmaker AbbVie Inc that would value the company at about 31 billion pounds ($53 billion), according to people familiar with the matter. Shire, which on Friday confirmed it has met with AbbVie to discuss a takeover, had asked AbbVie to sweeten its offer to close to 53 pounds per share in order to get blessing from the Dublin-based maker of drugs for rare diseases, the people said. Shire's asking price is not far above AbbVie's latest 51.15 pounds per share bid and the relative small valuation gap suggests the two sides may be getting closer to agreeing on a deal.
In the event of a buyout of SBMRY by BUD, could TAP profit from antitrust-triggered divestments? Also, will a buyout force MO to declare capital gains, or is there a way to arrange this deal so that MO keeps an equity stake in the combined company?
@@@@@Talk about a merger between Anheuser-Busch InBev (BUD) and SABMiller (SBMRY) has picked up again this summer with many industry insiders forecasting a deal between the beer giants will be completed this year or in 2015.
Do you have any analytical company or market insight to back your statement up or are you just a balloon blower-upper by trade?
Another piece of the puzzle but I still don;t understand the trade. Some firm is going to profit immensely from it, whatever it is.
@@@@@Weyerhaeuser Co.’s (NYSE: WY) short interest grew from around 60.96 million shares to more than 95.37 million in the final two weeks of the month. That was 16.6% of the float. The number of shares short has been rising since the end of March. The days to cover grew to around eight. The company is preparing to sell its homebuilding business to TRI Point Homes. Short sellers watched the share price rise more than 7% in the two-week period. Shares closed at $32.57 Thursday, in a 52-week range of $26.64 to $33.75, and up less than 6% year-to-date.
So it appears the two firms have started formal discussions.
@@@@@AbbVie (ABBV) and Shire (SHPG) are in active talks about a potential merger after AbbVie raised its takeover offer for a fourth time, Bloomberg reports, citing people with knowledge of the matter. The talks are in the early stage and may not lead to an agreement, sources told Bloomberg. Shares of Shire are up 5%, or $12.04, to $250.65 following the report.
Oh it will get resolved all right. The question is what will existing shareholders end up with, if anything at all. No mystery about CH7/11 here or its Russian equivalents.
WFanalyst says 75.
@@@@@Lorillard acquisition by Reynolds may be announced soon, says Wells Fargo Wells Fargo believes that an acquisition of Lorillard (LO) by Reynolds American (RAI) could be announced as soon as today or next week. The firm still sees a 90%+ probability of the deal being completed and thinks it will create value for shareholders of both companies. The firm expects Reynolds to pay a 20% premium to Lorillard's closing price yesterday of $63.09. wells expects both stocks to rise sharply today and reiterates Outperform ratings on both names.
Yeah it is all just rumors nothing confirmed. rightttt
@@@@Imperial confirms talks with Reynolds, Lorillard over asset acquisition Imperial Tobacco (ITYBY) notes the recent speculation relating to a potential transaction involving Reynolds American (RAI) and Lorillard (LO). Imperial confirmed it is in discussions with Reynolds and Lorillard to evaluate a possible acquisition of certain assets and brands owned by Reynolds and Lorillard. Earlier today, Financial Times reported that Reynolds and Lorillard are close to a merger agreement
You need a new extinguisher... the one you have is inoperative
@@@@@Reynolds American confirms discussions about business combination Reynolds American (RAI) confirms that it is in discussions with Lorillard (LO) regarding a possible acquisition of Lorillard. The discussions are consistent with RAI's strategy of considering a variety of options to enhance shareholder value. British American Tobacco, RAI's largest shareholder, is participating in these discussions. If the transaction proceeds, BAT expects to support the transaction by subscribing for additional shares in RAI and would maintain its existing 42% equity position in RAI. Imperial is also involved in these negotiations as a possible purchaser of brands and other assets from Lorillard and RAI. There is no assurance that any agreement will be reached by any of the parties. Unless circumstances dictate otherwise, RAI does not intend to comment further on these matters.
Still have part of my long position (preferreds) but hedged with Oct. expiry 2.00 strike puts I bought a while back. I can't see this just muddling along any more... it will move hard ... the only question is in which direction.