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Equinix tries to woo Telecity away from Interxion
2015-05-07 08:34:00| Telecompaper Headlines
(Telecompaper) Data centre operator TelecityGroup said it has received an approach from Equinix, regarding a possible offer for Telecity at GBP 11.45 per share. Around 45 percent of the consideration would be payable in cash and 46 percent in Equinix stock. Telecity and Interxion recently signed an agreement that prohibits the parties from soliciting or discussing alternative proposals except in limited circumstances. One of the exceptions is where the directors of the relevant party believe they are required to do so by virtue of their fiduciary duties or other applicable law. In that light, Telecity has determined that it is required by virtue of its fiduciary duties to enter into discussions with Equinix and has decided to permit Equinix to undertake a short period of due diligence. Data centre operator Equinix confirmed it was in preliminary talks with Telecity. Although nothing is firm, the board of Equinix believes the potential deal would create a more compelling combination than the proposed merger with Interxion Holding and that it would deliver greater value for Telecity shareholders.
Mylan continues to woo Perrigo as profits slip
2015-05-06 19:13:55| Biotech - Topix.net
In the midst of trying to woo one rival and fend off another, Mylan on Tuesday reported sharply lower profits for the first quarter while CEO Heather Bresch emphasized the generic drug company's "steadfast" commitment to winning the hand of Ireland-based drug maker Perrigo. "We have long believed the combination of Perrigo and Mylan represents an extraordinary opportunity," Ms.
Tags: continues
slip
profits
woo
Can Mattel, Inc. Woo Shoppers This Holiday Season With "Smart" Barbie?
2015-04-05 20:01:50| Toys - Topix.net
The reeling toymaker is hoping that an interactive Barbie doll will be the ticket to a rebound this upcoming holiday season, showing off a prototype of Hello Barbie at the North American International Toy Fair in New York earlier this year. We have seen chatty Barbie dolls before, but this is the first one that is actually interactive.
Tags: with
holiday
season
smart
Hyper-Luxury Brands Woo 1% to Pace Car Sales Recovery
2015-02-26 20:56:20| Auto Dealers - Topix.net
Feb. 26 -- The strength of auto sales in the wake of the financial crisis has been led by ultra-premium luxury brands, with registration for vehicles priced at more than $100,000 surging 154 percent in the past five years.
Tags: sales
car
brands
recovery
Woo Hoo Sunday Parkways is Back
2015-02-18 03:54:58| PortlandOnline
Tags: back
sunday
woo
parkways
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