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Construction of first Gazan Coca-Cola plant begins
2014-12-22 17:40:35| Beverages - Topix.net
Coca-Cola began construction on its first plant in Gaza on Monday, as the Coordinator of Government Activities in the Territories allowed nine trucks with production equipment to enter the coastal enclave. The factory, which will take three years to build at a cost of $20 million, will stand in the Karni industrial zone and is expected to initially employ 120 people, but eventually create 1,000 jobs, including those that sprout up indirectly around the factory.
Tags: construction
plant
begins
cocacola
GD Nassco begins construction of second American Petroleum ECO tanker
2014-12-22 01:00:00| Ship Technology
US-based shipyard General Dynamics (GD) Nassco has started construction work on the second American Petroleum ECO tanker at its shipyard in San Diego.
Tags: american
construction
begins
eco
Merck begins offer for Cubist shares in $8.4 billion deal
2014-12-20 11:42:26| Biotech - Topix.net
The drugmaker Merck is launching its previously-disclosed $8.4 billion offer to buy Cubist Pharmaceuticals shares in a deal that aims to strengthen its ability to treat serious infections, an issue drawing growing concern globally. Merck said earlier this month that it will pay $102 in cash for each share of Cubist, which represented a 37 percent premium to the stock's closing price before the deal was announced.
Tags: offer
deal
begins
shares
Macquarie Begins Coverage on Westinghouse Air Brake Technologies Corp
2014-12-20 10:05:54| Railroads - Topix.net
The firm set a "neutral" rating and a $94.00 price target on the stock. Macquarie's price target suggests a potential upside of 7.55% from the company's current price.
Tags: air
technologies
coverage
corp
Merck Begins Tender Offer to Acquire Cubist
2014-12-19 14:00:00| Merck.com - Corporate News
Dateline City: KENILWORTH, N.J. KENILWORTH, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, is commencing today, through a subsidiary, a cash tender to purchase all outstanding shares of common stock of Cubist Pharmaceuticals, Inc. (NASDAQ:CBST). On Dec. 8, 2014, Merck announced its intent to acquire Cubist. Language: English Contact: MerckMedia:Lainie Keller, 908-236-5036Steve Cragle, 908-740-1801orInvestors:Joe Romanelli, 908-740-1986Justin Holko, 908-740-1879 Ticker Slug: Ticker: MRK Exchange: NYSE Ticker: CBST Exchange: NASDAQ read more
Tags: offer
begins
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tender
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