WebProNews

Archipelago Shares Skyrocket On Takeover From NYSE

Archipelago Holdings shares went up 55% after the announcement that the company agreed to be taken over by the New York Stock Exchange.

VSNL Receives Approval For Tyco Takeover

Videsh Sanchar Nigam Ltd (VSNL) has received approval from a U.S. panel to take over Tyco Global Network.

Shareholder Sues MCI To Block Takeover

An MCI shareholder has sued MCI in an effort to block the company from being taken over by Verizon Communications.

Circuit City Recieves Takeover Bid

Circuit City received an unsolicited takeover bid of $3.25 billion from Highfields Capital Management LP to take the company private.

Treasurer Approves Xstrata Takeover of WMC

Treasurer Peter Costello approved the takeover of WMC Resources by Xstrata keeping Glencore out of any role in marketing Australian uranium.

Southcorp Profits May Prevent Foster's Hostile Takeover

Southcorp believes it can battle Foster's Group's hostile $3.1 billion takeover bid thanks to a big increase in half-year net profit.

Video Game Publishers Are Takeover Targets

An interesting article in the Wall Street Journal today makes the case that 2005 will be the year of takeovers in the video game industry.