Dividend
Apax Partners is currently in talks with Polycom Inc. (NASDAQ: PLCM) for a deal that could take the largest manufacturer of video conferencing equipment private, and according to the Financial Times could value Polycom at more than $3 billion.
The deal has been in the works between the two companies since talks began in November that have resulted in a possible $37 per share offer before the end of the month.
The talks have caused a surge in the value of Polycom shares, which could prove a roadblock to a potential deal coming to pass. The rumored value of the deal would represent a 22 percent premium to the current trading value of Polycom shares, which closed at a $30.31 on Tuesday in New York.
Since the talks were rumored to have begun, Polycom shares have jumped more than 40 percent, which has led to further talks ...
Staples, Inc. (NASDAQ: SPLS) today announced an offer for all of the shares it does not already own in Corporate Express Australia Limited. Staples is the majority shareholder of Corporate Express Australia, holding 58.6% of the Company's issued share capital.
"The Offer provides the minority shareholders of Corporate Express Australia with a compelling opportunity to realize a significant premium to the current share price," said Ron Sargent, Staples chairman and CEO. "This allows us to more effectively address the Australian market and create greater value for our customers and associates."
Staples is offering shareholders cash consideration of A$5.60 a share (the "Offer ...
Corporate Express Australia's Board1 Unanimously Recommends the Offer FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Staples, Inc. ("Staples") today announced an offer (the "Offer") for all of the shares it does not already own in Corporate Express Australia Limited ("Corporate Express Australia" or the "Company"). Staples is the majority shareholder of Corporate Express Australia, holding 58.6% of the Company's issued share capital. "The Offer provides the minority shareholders of Corporate Express Australia with a compelling opportunity to realize a significant premium ...
Staples, Inc. (NASDAQ: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc ...
FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.09 per share, an increase of nine percent over the previous quarterly cash dividend of $0.0825 per share. On ...
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Staples, Inc. Announces Fourth Quarter and Full Year 2009 Performance
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Staples (SPLS) Declare $0.0825 Quarterly Dividend; 1.5% Yield
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Staples (SPLS) Declares $0.0825/Sh Qtr Dividend
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