Notable Mergers and Acquisitions of the Day 10/05: BRCD, OPTV, OEH
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- Dell (DELL) Shares Lower as First Global Cuts to Market Perform
More News related to OEH
- Orient-Express (OEH) Reports Mixed Q3 Earnings
- Orient-Express Hotels Reports Third Quarter 2009 Results
- Trading Radar for 11/03: UBS (UBS), Yamana Gold (AUY), Archer-Daniels (ADM), Royal Caribbean (RCL), Marathon (MRO) Report
- Orient-Express Hotels Ltd. Third Quarter 2009 News Release and Conference Call
- Deutsche Bank Adjusts Price Target on Several Hotel Stocks
More News related to Special Reports
- Notable Late-Afternoon ETF Movers for 11/25: UNG, GDX, XRT Higher; UUP Lower
- Notable 52-Week High's and Low's: BMY, JCG, PBR, SLW, GOOG, INCY, NTAP, QADI, GOLD, BONT Higher; SPWRB Low
- Unusual 11 Mid-Day Movers 11/25: RTK, QADI, QBC, KBX Higher; BNHNA, DRAM, TBH, CWTR Lower
- Afternoon ETF Check: UNG, XRT, EWJ Up; VNM, RSX Down
- Notable Analyst Ratings Changes 11/25: EXXI, IWA, VPRT Upgraded; BNHN, NRG, GTE Downgraded
- According to reports from the Wall Street Journal, Brocade Communications (Nasdaq: BRCD) has quietly put itself up for sale, citing people familiar with the matter.
Hewlett-Packard (NYSE: HPQ) and Oracle Corp. (Nasdaq: ORCL) are two companies said to be interested in Brocade.
The report said no deal is imminent, and the company could decide not to complete a sale.
- The Kudelski Group commenced a tender offer to acquire all outstanding Class A shares of OpenTV Corp. (NASDAQ: OPTV) not owned by Kudelski or its subsidiaries for US$1.55 per share in cash.
The tender offer and withdrawal rights are scheduled to expire at 5:00 pm New York City time on Friday, November 6, 2009, unless extended.
- Orient-Express Hotels Ltd. (NYSE: OEH) confirmed that it has concluded the sale of its New Orleans property, the Windsor Court Hotel, to The Berger Company, Inc. for $44.25 million.
The deal comes at 15 times 2007 EBITDA, and over 50 times 2008 EBITDA.
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