Hints and tips:
...Meanwhile, the Sparc will list on the New York Stock Exchange but unlike a Spac, it won’t raise money before finding a target, and there’s no obligation on PSTH investors to exercise the option....
...Aggressive discounting by competitors alongside the rise of e-commerce juggernaut Amazon and big box retailers like Target and Walmart have hurt the once-dominant retailer....
...The lawsuit, brought by shareholder Capital Structures Realty Advisors, also targets biotech billionaire Patrick Soon-Shiong, who last week bought a 13 per cent stake in Tribune, for “aiding and abetting...
...They now have support from shareholders representing 31.6 per cent of Songbird’s free float, having received letters of intent from EMS Capital, Madison International Realty and Third Avenue Management....
...Elsewhere, Hertz made a $2.2bn offer for Dollar Thrifty, sending shares in the takeover target up 17.3 per cent to $81.83 over the week. Hertz fell 2.7 per cent to $16.39....
...Brown Rudnick is advising PSW NYC LLC, the entity created by Pershing and Winthrop, another source added....
...Founder of Zachary Investment Research & Management, LLC., an independent equity research firm based in Miami, Florida....
...However, they said an offer for Hammerson from Vornado Realty Trust, a US Reit, could not be ruled out, nor could a move from the Morgan Stanley Real Estate Fund....
...Elsewhere, Google put on another 1.3 per cent to reach $432.04 after JMP Securities raised its 12-month target price for the stock to a staggering $575....
...Investors led Apollo Management, the private equity firm, and including National Realty & Development, a real estate firm, have agreed to pay Linens ‘n Things’ stockholders $28 per share in cash, a 6 per...
...Trust; and a fourth group that includes Goldman Sachs's private equity group, Kimco Realty and Cerberus Capital....
...Discount rivals Wal-Mart and Target were also lower. Wal-Mart fell 0.5 per cent to $52.77, while Target was off 0.5 per cent at $52.77....
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