StreetInsider.com Market Rumors: 09/28

September 28, 2007 3:59 PM EDT

Market Rumors:

Travelzoo Inc. (Nasdaq: TZOO): Takeover rumors. Priceline.com (Nasdaq: PCLN) has been mentioned as a possible suitor.

Carrier Access (Nasdaq: CACS): Reports from Lightreading.com, Tellabs (Nasdaq: TLAB) is considering acquiring Carrier Access for around $7 per share, citing two sources close to the situation.

Oglebay Norton Company (OTC: OGBY): Said it has received multiple all cash proposals valued significantly in excess of the $31.00 per share offered by Harbinger Capital Partners in its unsolicited tender offer.

Allstate Corp. (NYSE: ALL): Rumors Warren Buffett's Berkshire Hathaway could accumulate a position in the company

Washington Group International Inc. (NYSE: WNG): David Einhorn's Greenlight Capital, a 10% holder, disclosed a recent letter to the Board of Directors reiterating their view that the acquisition price in the merger with URS (NYSE: URS) is inadequate. In the past, Greenlight suggested a fair value for Washington Group is $117 per share.

Facebook (Private): Continued chatter Microsoft (Nasdaq: MSFT) could buy a large stake in the company. There have been Internet rumors that Facebook founder Mark Zuckerberg was spotted in Seattle this week.

Alvarion Ltd. (Nasdaq: ALVR): Takeover speculation.

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Related Categories

Rumors
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Stocks Mentioned

ALL 29.37

+0.25 +0.86%
Volume: 3,988,255
Track ALL

ALVR 3.90

+0.00 +0.00%
Volume: 325,625
Track ALVR

CACS 2.59

+0.00 +0.00%
Volume: 0
Track CACS

MSFT 29.94

+0.32 +1.08%
Volume: 41,836,365
Track MSFT

OGBY 38.25

+0.00 +0.00%
Volume: 200
Track OGBY

PCLN 211.89

+3.14 +1.50%
Volume: 2,044,255
Track PCLN

TLAB 5.71

-0.01 -0.17%
Volume: 5,200,478
Track TLAB

TZOO 14.48

+0.09 +0.63%
Volume: 24,281
Track TZOO

URS 43.47

+0.39 +0.91%
Volume: 846,413
Track URS

WNG 0.00

+0.00 +100.00%
Volume: 0
Track WNG


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