Notable Mergers and Acquisitions of the Day 1/17 (MGM, PG, VMSI)
More News related to MGM
- MGM MIRAGE Announces Earnings Release Date
- MGM Mirage (MGM) Seeks Amendments to $5.55B Senior Credit Facilities; Would Like to Extend Maturity of Substantial Portion
- MGM MIRAGE Announces Launch of Credit Facility Amendment and Extension Transaction
- MGM Mirage (MGM) volume low on flat volatility into Chinese New Year
- Wedbush Raises Targets on Las Vegas Sands, Wynn Following Record Gaming Sales in Macau During January (LVS, WYNN)
More News related to PG
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- Old Spice and NASCAR(R) Driver Tony Stewart Rev Up for 11th Season Together and Return of Popular Victory Towel Auction for Charity
- Russell Simmons' Rush Philanthropic Arts Foundation and Procter & Gamble Celebrate the Completion of Nationwide Arts Project
- Procter & Gamble Contributions Exceed $2 Million to Haiti Relief
- New Orleans Saints Offensive Line Honored with First Madden Most Valuable Protectors Award Presented by Prilosec OTC(R)
More News related to VMSI
- S&P Changes: ATR, NEU
- Notable Mergers and Acquisitions of the Day 1/22 (BMY, TEVA, VMSI)
- Pre-Open Movers: Fed Emergency Rate Cut Does Little, Stocks Set To Open Down Big
- Roche to Acquire Ventana Medical (VMSI) For $89.50/Share
- Notable Mergers and Acquisitions of the Day 1/17 (MGM, PG, VMSI)
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- Notable Mergers and Acquisitions of the Day 02/09: VOLC, MORN
StreetInsider.com Notable Mergers and Acquisitions of the Day:
- MGM MIRAGE (NYSE: MGM) and Dubai World this morning jointly announced that that they will increase their offer to purchase shares of MGM MIRAGE common stock from 10 million to 15 million shares and set the tender price at $80 per share from the previously announced range of $75 to $80 per share.
According to the terms accepted pursuant to the tender offer, MGM MIRAGE will buy up to 8.5 million shares and Dubai World will purchase up to 6.5 million shares.
- The Wall Street Journal reports that Procter & Gamble (NYSE: PG) is planning to spin off its Folgers coffee brand, with an announcement expected by the end of the month. Proctor & Gamble's decision to spin off the brand rather than sell it was motivated largely by a tax bill the business would incur.
- Ventana Medical Systems, Inc. (NASDAQ: VMSI) issued a response to Roche's fifth extension of its unsolicited tender offer to acquire all outstanding shares of Ventana for $75.00 in cash per common share.
Christopher Gleeson, President and Chief Executive Officer of Ventana, stated, "Our Board of Directors continues to recommend that stockholders not tender any of their shares to Roche at this inadequate price. Our discussions with Roche under the confidentiality agreement are progressing, and we remain committed to providing superior value to our investors."
To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions
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