Newspaper wrap-up 3-19-07: M&A in focus
Posted Mar 19th 2007 9:40AM by Eric Buscemi
Filed under: Newspapers, Magazines, Internet, Blogs, Google (GOOG), Apple Inc (AAPL), Coca-Cola (KO), Dow Jones and Co (DJ), Barclays plc ADS (BCS)
.gif)
MAJOR PAPERS:
- According to the Wall Street Journal (subscription required), citing people familiar with the matter, Community Health Systems Inc (NYSE: CYH) is near a deal to purchase Triad Hospitals (NYSE: TRI), which would break up an existing $4.5B private-equity buyout plan.
- The Wall Street Journal's "Heard on the Street" column reported that rumors are swirling that Infineon Technologies ADS (NYSE: IFX) will be chosen to supply the main chip to drive the upcoming iPhone from Apple Inc (NASDAQ: AAPL).
OTHER PAPERS:
- The Business Standard reported that Reliance Industries is reportedly in advanced discussions with Nova Chemicals Corporation (NYSE: NCX), the plastics and petrochemicals firm, to form a joint venture.
- According to the U.K. Times, Barclays plc ADS (NYSE: BCS) will announce today its formal interest in buying Netherlands bank ABN Amro Holdings (NYSE: ABN) for a price of up to a little less than EUR60B, or EUR31.3 per share, according to reports.
- Dow Jones & Company (NYSE: DJ) is trying to buy the Financial News for GBP25M, the U.K. Times reported.
- The Sunday Telegraph reported that Coca-Cola Company (NYSE: KO) is planning a 'beauty tea' in conjunction with L'Oreal ADR (OTC: LRLCY), called Lumae.
- According to Google Inc's (NASDAQ: GOOG) official blog, it has acquired Adscape media. Terms were not disclosed.
Tags: aapl, abn, abn amro, AbnAmro, adscape, apple, barclays, bcs, business standard, BusinessStandard, coca-cola, community health systems, CommunityHealthSystems, cyh, dj, dow jones, DowJones, goog, google, heard on the street, HeardOnTheStreet, ifx, infineon, iphone, ko, l'oreal, loreal, lrlcy, ncx, newspaper, nova chemicals, NovaChemicals, paper, periodical, reliance, tri, triad hospitals, TriadHospitals, u.k. times, U.k.Times, uk times, UkTimes, wall street journal, WallStreetJournal, wsj
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
