http://www.mail.com/subjects/12198-ownership-changes.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.29/img/mailcom_logo_rss.png http://www.mail.com/subjects/12198-ownership-changes.html http://www.mail.com/business/economy/2156708-elan-holders-buyback-vote-3-deals.html NEW YORK (AP) — Shareholders of Irish drugmaker Elan Corp. PLC have potentially ended a takeover bid from Royalty Pharma by voting in favor of an Elan share buyback plan. The Dublin-based company's shareholders also rejected at a Monday meeting three separate deals that the Elan board has pushed instead of the Royalty takeover bid. Earlier this month, New... Mon, 17 Jun 2013 22:49:59 GMT http://www.mail.com/business/economy/2156708-elan-holders-buyback-vote-3-deals.html 2013-06-17T22:49:59Z http://www.mail.com/business/economy/2156696-lowes-offers-to-buy-orchard-supply-205m.html MOORESVILLE, N.C. (AP) — Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash. Orchard Supply filed a voluntary Chapter 11 bankruptcy petition on Monday, so the offer from Lowe's will become the "stalking horse" bid for an auction of Orchard's assets. Such a bid s... Mon, 17 Jun 2013 22:47:25 GMT http://www.mail.com/business/economy/2156696-lowes-offers-to-buy-orchard-supply-205m.html 2013-06-17T22:47:25Z http://www.mail.com/business/economy/2156770-starboard-smithfield-sale-undervalues-company.html RICHMOND, Va. (AP) — One of Smithfield Foods Inc.'s largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the company would be worth if sold off piece by piece. In a letter to the Smithfield, Va.-based pork producer's board of directors on Monday, the New York-based investment firm Starboard Value LP... Mon, 17 Jun 2013 21:15:04 GMT http://www.mail.com/business/economy/2156770-starboard-smithfield-sale-undervalues-company.html 2013-06-17T21:15:04Z http://www.mail.com/business/economy/2152084-drugmaker-elan-plans-to-explore-sale-company.html Shares of Elan Corp PLC jumped Friday after the drugmaker said it will explore a possible sale of the company while its board continues to fend off a hostile takeover bid from Royalty Pharma. The Irish company said it is proceeding with a formal sale process, and Royalty can participate if it wants. But Elan also wants its shareholders to steer clear of R... Fri, 14 Jun 2013 16:52:22 GMT http://www.mail.com/business/economy/2152084-drugmaker-elan-plans-to-explore-sale-company.html 2013-06-14T16:52:22Z http://www.mail.com/business/economy/2149036-gannett-to-buy-tv-station-owner-belo-15b.html NEW YORK (AP) — Gannett Co., the publisher of USA Today, is buying TV station owner Belo Corp. for about $1.5 billion. If approved, the all-cash deal will make Gannett the fourth-largest broadcast group in the U.S. Gannett already owns television stations as well as dozens of newspapers. But the deal transforms Gannett from "a newspaper company with broad... Thu, 13 Jun 2013 21:03:43 GMT http://www.mail.com/business/economy/2149036-gannett-to-buy-tv-station-owner-belo-15b.html 2013-06-13T21:03:43Z http://www.mail.com/business/economy/2147702-safeway-selling-supermarkets-canada.html NEW YORK (AP) — Safeway Inc. is selling its supermarket operations in Canada to food retailer Sobeys for 5.8 billion Canadian dollars ($5.7 billion). Sobeys, a unit of Empire Company Limited, is already the No. 2 grocery operator in the country. It said the deal includes 213 grocery stores under the Safeway banner in western Canada, 62 fuel stations, 10 l... Wed, 12 Jun 2013 22:03:20 GMT http://www.mail.com/business/economy/2147702-safeway-selling-supermarkets-canada.html 2013-06-12T22:03:20Z http://www.mail.com/business/economy/2147336-ceo-bailed-out-royal-bank-scotland-to-leave.html LONDON (AP) — Bailed-out U.K. lender Royal Bank of Scotland said Wednesday that Stephen Hester will step down as chief executive later this year — a move that creates some uncertainty as the bank prepares to return to the private sector. The board of the bank, which is 81 percent owned by the taxpayer after it was rescued by the U.K. government in 2008, s... Wed, 12 Jun 2013 21:18:34 GMT http://www.mail.com/business/economy/2147336-ceo-bailed-out-royal-bank-scotland-to-leave.html 2013-06-12T21:18:34Z http://www.mail.com/business/economy/2146640-vodafone-approach-german-cable-company.html LONDON (AP) — Mobile phone company Vodafone has approached Germany's biggest cable operator about a possible takeover. Vodafone said Wednesday It has had preliminary discussions with Kabel Deutschland, which has more than 8 million customers. However, it said there was "no certainty" that an offer will be made. The move would signal a move into fixed-line... Wed, 12 Jun 2013 14:28:41 GMT http://www.mail.com/business/economy/2146640-vodafone-approach-german-cable-company.html 2013-06-12T14:28:41Z http://www.mail.com/scitech/news/2144264-google-snaps-up-waze-to-add-to-mapping-service.html SAN FRANCISCO (AP) — Google is buying online mapping service Waze in a $1.03 billion deal that keeps a potentially valuable tool away from its rivals while allowing it to gain technology that could improve the accuracy and usefulness of its own popular navigation system. The acquisition announced Tuesday ends several months of speculation as Waze flirted ... Tue, 11 Jun 2013 20:45:47 GMT http://www.mail.com/scitech/news/2144264-google-snaps-up-waze-to-add-to-mapping-service.html 2013-06-11T20:45:47Z http://www.mail.com/business/economy/2143492-juncker-concedes-mistakes-greek-bailout.html ATHENS, Greece (AP) — Former Eurogroup president Jean-Claude Juncker conceded Tuesday that mistakes were made in the bailout of Greece — days after a similar admission by the International Monetary Fund. The Luxembourg prime minister, who played a central role in the 2010 bailout out through his position as the head of the grouping of the euro finance min... Tue, 11 Jun 2013 11:10:39 GMT http://www.mail.com/business/economy/2143492-juncker-concedes-mistakes-greek-bailout.html 2013-06-11T11:10:39Z http://www.mail.com/business/economy/2141498-travelers-to-buy-canadian-insurer-11b.html NEW YORK (AP) — Property and casualty insurer The Travelers Cos. will spend about $1.1 billion in cash to buy The Dominion of Canada General Insurance Co. and strengthen its reach north of the U.S. border. The New York-based insurer said Monday The Dominion's distribution network and customer base will help Travelers bolster its commercial lines business ... Mon, 10 Jun 2013 23:13:43 GMT http://www.mail.com/business/economy/2141498-travelers-to-buy-canadian-insurer-11b.html 2013-06-10T23:13:43Z http://www.mail.com/business/economy/2141772-american-us-airways-post-merger-leadership.html DALLAS (AP) — The new American Airlines will have more top executives from smaller but more successful US Airways than from the current American. Five US Airways executives will follow their current CEO, Doug Parker, when he takes control after the airlines complete their proposed merger. Three executives from American parent AMR Corp. were named to the n... Mon, 10 Jun 2013 18:31:19 GMT http://www.mail.com/business/economy/2141772-american-us-airways-post-merger-leadership.html 2013-06-10T18:31:19Z http://www.mail.com/business/economy/2141230-ihs-plans-14-billion-acquisition-rl-polk.html ENGLEWOOD, Colo. (AP) — Business information and analytics firm IHS says it will spend $1.4 billion to buy the privately held R.L. Polk, which operates vehicle history report provider Carfax. IHS Inc. says the deal will help it build its stake in the automotive industry. It says Polk's businesses will complement existing IHS Automotive products and open u... Mon, 10 Jun 2013 10:45:04 GMT http://www.mail.com/business/economy/2141230-ihs-plans-14-billion-acquisition-rl-polk.html 2013-06-10T10:45:04Z http://www.mail.com/business/economy/2140274-business-pakistans-government-bleeds.html ISLAMABAD (AP) — With every flight, Pakistan's state-owned airline demonstrates the economic challenges facing the country's new government. Each time a plane belonging to Pakistan International Airlines takes off, odds are the aircraft is more than 25 years old and not in the best of shape. It is likely running late. It probably has a bigger crew than ne... Sun, 09 Jun 2013 18:37:28 GMT http://www.mail.com/business/economy/2140274-business-pakistans-government-bleeds.html 2013-06-09T18:37:28Z http://www.mail.com/business/economy/2138772-nuclear-plant-closures-industrys-struggles.html LOS ANGELES (AP) — The decision to close California's San Onofre nuclear plant is the latest setback for an industry that seemed poised for growth not long ago. In Wisconsin, a utility shuttered its plant last month after it couldn't find a buyer. In Florida — and now California — utilities decided it was cheaper to close plants rather than spend big mone... Sat, 08 Jun 2013 15:28:43 GMT http://www.mail.com/business/economy/2138772-nuclear-plant-closures-industrys-struggles.html 2013-06-08T15:28:43Z http://www.mail.com/entertainment/lifestyle/2134242-media-general-young-to-combine-tv-operations.html RICHMOND, Va. (AP) — Broadcast companies Media General Inc. and New Young Broadcasting Holding Co. said Thursday that they are combining to create a company that will operate 30 TV stations in 27 markets including San Francisco, Nashville, Tenn., and Richmond, Va. The companies said the all-stock deal will give Young shareholders majority ownership, but M... Thu, 06 Jun 2013 16:11:20 GMT http://www.mail.com/entertainment/lifestyle/2134242-media-general-young-to-combine-tv-operations.html 2013-06-06T16:11:20Z http://www.mail.com/business/economy/2133264-chinas-top-butcher-tries-to-sell-us-takeover.html LUOHE, China (AP) — At an age when most Chinese executives are long retired, the country's top hog butcher is taking on a daunting new job persuading Americans to allow him to complete China's biggest takeover of a U.S. company. Shuanghui International's $4.7 billion bid for Smithfield Foods Ltd. has the endorsement of the American company's board. But fa... Thu, 06 Jun 2013 08:09:29 GMT http://www.mail.com/business/economy/2133264-chinas-top-butcher-tries-to-sell-us-takeover.html 2013-06-06T08:09:29Z http://www.mail.com/business/economy/2129508-amr-creditors-to-vote-merger-with-us-airways.html DALLAS (AP) — A federal judge has cleared the way for American Airlines' creditors to vote on a merger with US Airways. U.S. Bankruptcy Judge Sean Lane on Tuesday approved American parent AMR Corp.'s description of its restructuring plan, including a merger that would create the world's biggest airline. If creditors approve the plan, the company will retu... Tue, 04 Jun 2013 20:58:11 GMT http://www.mail.com/business/economy/2129508-amr-creditors-to-vote-merger-with-us-airways.html 2013-06-04T20:58:11Z http://www.mail.com/news/politics/2128216-white-house-tries-to-encourage-high-tech-patents.html WASHINGTON (AP) — The White House is taking steps to encourage innovation in high tech patents that it calls "a key driver of economic growth." The White House on Tuesday announced five executive actions and seven recommendations for Congress to protect innovators from lawsuits. A statement from the Obama administration says innovators continue to face ch... Tue, 04 Jun 2013 14:18:58 GMT http://www.mail.com/news/politics/2128216-white-house-tries-to-encourage-high-tech-patents.html 2013-06-04T14:18:58Z http://www.mail.com/business/economy/2126014-china-approves-penguin-random-house-merger.html NEW YORK (AP) — Two of the world's largest publishers, Random House Inc. and Penguin Group, expect to complete a planned merger next month. Parent companies Bertelsmann and Pearson announced Monday that the merger had been cleared by anti-trust authorities in China, among the last countries to give approval. The new publishing house, Penguin Random House,... Mon, 03 Jun 2013 17:56:30 GMT http://www.mail.com/business/economy/2126014-china-approves-penguin-random-house-merger.html 2013-06-03T17:56:30Z http://www.mail.com/business/economy/2125652-maa-buying-colonial-properties-trust-stock-deal.html NEW YORK (AP) — Real estate investment trust Mid-America Apartment Communities Inc. is buying peer Colonial Properties Trust Inc. in an all-stock deal, expanding its presence in the South and Southwest portion of the U.S. The combined company will include 285 properties and some of its biggest markets will include Atlanta, Houston and Orlando, Fla. The of... Mon, 03 Jun 2013 12:03:04 GMT http://www.mail.com/business/economy/2125652-maa-buying-colonial-properties-trust-stock-deal.html 2013-06-03T12:03:04Z http://www.mail.com/business/finance/2125538-greeces-alpha-bank-avoids-nationalization.html ATHENS, Greece (AP) — Greece's Alpha Bank says it has raised enough capital to avoid being nationalized, the first Greek bank to meet that target. The country's third-largest lender by assets said Monday that foreign investors contributed significantly to its rights issue and private placement, which were held last month. Greece's banks are being bailed o... Mon, 03 Jun 2013 09:47:04 GMT http://www.mail.com/business/finance/2125538-greeces-alpha-bank-avoids-nationalization.html 2013-06-03T09:47:04Z http://www.mail.com/business/economy/2121004-dell-board-recommends-michael-dell-buyout-offer.html The Dell board is standing behind a buyout offer from the company's CEO and founder, and it has asked shareholders of the slumping PC maker to approve the deal in a July 18 vote. The company's announcement Friday is the latest volley in a battle with prominent shareholders over the company's future and Michael Dell's role in it. Dell directors unanimously... Fri, 31 May 2013 18:19:38 GMT http://www.mail.com/business/economy/2121004-dell-board-recommends-michael-dell-buyout-offer.html 2013-05-31T18:19:38Z http://www.mail.com/business/economy/2121128-kyrgyzstan-rocked-protest-canadian-gold-mine.html BARSKOON, Kyrgyzstan (AP) — Hundreds of stone-throwing protesters besieged a Canadian gold mine in Kyrgyzstan on Friday, clashing violently with riot police and prompting the president to declare a state of emergency. Over 50 people were wounded and 80 detained in the clashes, authorities said. The protest also triggered widespread unrest in the southern ... Fri, 31 May 2013 16:39:56 GMT http://www.mail.com/business/economy/2121128-kyrgyzstan-rocked-protest-canadian-gold-mine.html 2013-05-31T16:39:56Z http://www.mail.com/business/economy/2120620-chinas-entrepreneurs-expand-global-presence.html BEIJING (AP) — The force behind China's biggest takeover of an American company is a 71-year-old meat-packing entrepreneur dubbed "China's Chief Butcher" by the press who built an empire on his country's voracious appetite for pork. The $4.7 billion bid for Smithfield Foods by Wan Long, chairman of Shuanghui International, is another big step up for Chine... Fri, 31 May 2013 06:46:27 GMT http://www.mail.com/business/economy/2120620-chinas-entrepreneurs-expand-global-presence.html 2013-05-31T06:46:27Z http://www.mail.com/business/economy/2115962-chinas-shuanghui-47b-deal-smithfield.html RICHMOND, Va. (AP) — The ham sandwich you had for lunch is the latest example of China's growing appetite for U.S. investment. Smithfield Foods Inc., one of the biggest pork producers in the U.S., on Wednesday agreed to be bought by Shuanghui International Holdings Ltd., the majority shareholder in China's largest meat processor, for about $4.72 billion. ... Wed, 29 May 2013 23:07:59 GMT http://www.mail.com/business/economy/2115962-chinas-shuanghui-47b-deal-smithfield.html 2013-05-29T23:07:59Z http://www.mail.com/business/economy/2115990-service-corp-to-buy-stewart-than-1b.html HOUSTON (AP) — Service Corp. International plans to buy Stewart Enterprises Inc. in a cash deal valued at about $1.13 billion that combines the two largest funeral home and cemetery operators in the United States. Houston-based Service Corp. said Wednesday it will pay $13.25 for each share of Stewart, which is based in Jefferson, La. That's a 36 percent ... Wed, 29 May 2013 13:31:16 GMT http://www.mail.com/business/economy/2115990-service-corp-to-buy-stewart-than-1b.html 2013-05-29T13:31:16Z http://www.mail.com/business/economy/2114716-news-corp-unveils-logo-impaired-publishing-unit.html LOS ANGELES (AP) — News Corp. on Tuesday unveiled a friendlier-looking logo for the publishing division as it prepares to split the struggling newspaper and book unit from its TV and movie business by the end of June. The unveiling, at a one-day meeting with investors in New York, followed the company's recent disclosure to securities regulators that the ... Wed, 29 May 2013 01:24:00 GMT http://www.mail.com/business/economy/2114716-news-corp-unveils-logo-impaired-publishing-unit.html 2013-05-29T01:24:00Z http://www.mail.com/business/economy/2113838-fidelity-national-buying-lender-processing.html JACKSONVILLE, Fla. (AP) — Fidelity National Financial Inc. has agreed to buy Lender Processing Services Inc. for about $2.82 billion in order to broaden and diversify its business. Lender Processing is a Jacksonville, Fla.-based technology company that services the mortgage and real estate industries. Fidelity National, also based in Jacksonville, Fla., p... Tue, 28 May 2013 22:19:18 GMT http://www.mail.com/business/economy/2113838-fidelity-national-buying-lender-processing.html 2013-05-28T22:19:18Z http://www.mail.com/business/finance/2099592-france-plan-to-revive-economy.html PARIS (AP) — The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, Arnaud Montebourg has told the world's largest steelmaker it is not welcome in France; exchanged angry letters with the head of an Americ... Tue, 21 May 2013 14:38:28 GMT http://www.mail.com/business/finance/2099592-france-plan-to-revive-economy.html 2013-05-21T14:38:28Z