Reckson shareholders OK SL Green's $4 bln takeover
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Reckson Associates Realty Corp.   shareholders approved a $4 billion takeover by SL Green Realty  Corp. , but billionaire and rival bidder Carl Icahn  hinted he would not abandon his fight for certain Reckson  office buildings.
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LONDON (Dow Jones)--UK power and gas system operator National Grid Transco PLC (NGT.LN) Tuesday said it will return GBP2 billion, or 65 pence a share, to its shareholders after selling four
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Spain's Iberdrola said on Tuesday it will make a share issue to help finance its $4.5 billion cash purchase of U.S. regional gas and electricity supply company Energy East before completing the deal in the second half of 2008.
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The US firm which owns online retailer Lastminute.com agrees to a $4.5bn takeover bid by two private equity firms.
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State Street Corp.  said on Monday it would acquire Investors Financial Services Corp.  for $4.5 billion in stock in a bid to service a bigger chunk of mutual and hedge fund assets.
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A U.S. bankruptcy judge on Friday  approved the sale of Air America, the politically liberal  talk-radio network launched by comedian Al Franken, to an  investment group led by New York real estate mogul Stephen L.  Green for $4.28 million.
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SL Green Realty said it would not raise its offer for Reckson Associates Realty to match a competing bid by a group led by the financier Carl C. Icahn.
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The Securities and Exchange Commission approved rules yesterday that will allow members of the American Stock Exchange to repurchase the market from the NASD, ending five years of ownership marked by profit declines.
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SYDNEY (Dow Jones)--Australian engineering company Worley Group Ltd. (WOR.AU) has placed shares with institutional investors at A$4.
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The orthopedic device maker on Thursday accepted a takeover bid of $11.4 billion from a private equity consortium.
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Gerdau Ameristeel said yesterday that it had agreed to acquire Chaparral Steel for $4.22 billion in cash in a move to diversify into high-value-added steel products.
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GLG Partners will go public in the United States through a $3.4 billion merger with an investment company, according to people briefed on the transaction.
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Chaparral Steel has accepted a $4.22 billion takeover offer from Gerdau Ameristeel in the latest consolidation move in the steel industry.
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Reckson Associates Realty Corp.   on Tuesday said its board voted against a $4.3 billon takeover  offer from billionaire financier Carl Icahn, saying the bid  wasn't better than an offer from rival office landlord SL Green  Realty Corp.
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The board of IBM Corp. has authorized up to $4 billion in additional funding for its stock buyback program. Armonk, NY-based IBM (NYSE: IBM) says it will repurchase shares on the open market or in private
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Billionaire investor Carl Icahn stepped in, and now the merger of SL Green Realty and Reckson Associates Realty is up in the air.
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Shareholders in Santander Central Hispano on Thursday approved the euro13 billion (US$16.4 billion) takeover of Abbey National of Britain.