Tag: Tender Offers

Finance

Unity Stock Tumbles After Board Rejects AppLovin’s $17.5 Billion Buyout Bid

08/15/2022
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Text size Unity Software doesn’t think AppLovin’s offer was in the best interests of its shareholders. David Paul Morris/Bloomberg Videogaming company Unity Software  on Monday rejected Ap...

Finance

PayPal borrows $3 billion to help fund debt buyback plan

05/16/2022
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PayPal Holdings Inc. hit the market on Monday with a $3 billion corporate bond financing to help the online money-transfer and payments giant fund a $2 billion tender offer for its own debt. The four-...

Finance

JetBlue Launches Tender Offer for Spirit Airlines at $30 a Share

05/16/2022
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Text size Spirit Airlines planes are shown at the George Bush Intercontinental Airport in Houston (Photo by Brandon Bell/Getty Images) Spirit Airlines shares surged Monday after JetBlue Airways launch...

Finance

JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal

05/16/2022
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JetBlue Airways Corp. said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc. after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with ...

Finance

Twitter Re-Examines Elon Musk’s Bid, May Be More Receptive to a Deal

04/24/2022
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Twitter Inc. TWTR 3.93% is re-examining Elon Musk’s $43 billion takeover offer after the billionaire lined up financing for the bid, in a sign the social-media company could be more receptive to a dea...

Finance

What Is a Poison Pill? Twitter Adopts Defensive Move to Fend Off Elon Musk.

04/15/2022
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Elon Musk offered to buy Twitter for $43 billion. He currently has a 9.2% stake in Twitter. Photo by Christian Marquardt – Pool/Getty Images Text size Twitter adopted a so-called poison pill Fri...

Finance

Splunk Stock Surges on Report of $20 Billion Cisco Buyout Offer

02/14/2022
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Text size Cisco made an offer to acquire Splunk for more than $20 billion, according to the Wall Street Journal. Justin Sullivan/Getty Images Shares of Splunk were rising sharply Monday on a report th...

Finance

Kohl’s soars after takeover offer, but skeptical analysts question the retailer’s real estate value

01/24/2022
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Kohl’s Corp. stock soared 33% in Monday trading to buck a highly negative market trend, after the department store retailer confirmed that it had received buyout offer. The Wall Street Journal first r...