Newspaper wrap-up 7-16-07: IHOP buying Applebee's - BloggingStocks

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Newspaper wrap-up 7-16-07: IHOP buying Applebee's

Posted Jul 16th 2007 9:30AM by Eric Buscemi
Filed under: Newspapers, Magazines, Google (GOOG), Yahoo! (YHOO), Ford Motor (F), Alcoa Inc (AA), Verizon Communications (VZ), BHP Billiton Ltd ADR (BHP), Rio Tinto plc ADS (RIO)

MAJOR PAPERS:

IHOP (NYSE: IHP), of pancake house fame, is buying Applebee's International Inc (NASDAQ: APPB), the huge casual dining restaurant chain, for $2.2 billion in a deal concluded last night, reported the Wall Street Journal (subscription required).
Vodafone Group (NYSE: VOD) is looking at a possible $160 billion bid for Verizon Communications Inc (NYSE: VZ), reported the Financial Times (subscription required).

OTHER PAPERS:

The U.K. Times reported that Ford Motor Company (NYSE: F) is preparing to sell Volvo, the Swedish car group it bought eight years ago, in a move that could raise $8 billion.
The Observer reported that BHP Billiton (NYSE: BHP) is lining up a £20 billion bid for Alcoa Inc (NYSE: AA), after its bid for rival Alcan Inc (NYSE: AL) was trumped by Rio Tinto (NYSE: RTP).
Large American Internet companies, possibly including Google Inc (NASDAQ: GOOG) and Yahoo Inc (NASDAQ: YHOO), are considering snapping up Rediff.com India (NASDAQ: REDF), which runs one of India's most popular consumer Internet portals, reported the Hindustan Times.

Tags: aa, al, alcan, alcoa, appb, applebee's, bhp, bhp billiton, BhpBilliton, f, financial times, FinancialTimes, ford, goog, google, hindustan times, HindustanTimes, ihop, ihp, london times, LondonTimes, newspaper, observer, paper, periodical, redf, rediff, rio tinto, RioTinto, rtp, uk times, UkTimes, verizon, vod, vodafone, volvo, vz, wall street journal, WallStreetJournal, wsj, yahoo, yhoo

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Reader Comments (Page 1 of 1)

1

7-20-2007 @ 9:22AM

jamo said...

who's gonna get rediff?

2 stars

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