Corporate Express Rejects Staples' Bid
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The Netherlands-based office supplies delivery firm swiftly turned down the unsolicited buyout offer from Staples, saying its $3.67 billion bid was too low.
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Scottish and Newcastle said Thursday it has rejected an improved bid from Danish group Carlsberg and Dutch peer Heineken that was worth about 7.6 billion pounds (10.1 billion euros, 14.8 billion dollars).
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Office goods supplier Staples  proposed a 7.25 euros per share offer for Dutch peer Corporate  Express  on Tuesday, valuing it at around 2.5 billion  euros ($3.68 billion) and sending its shares soaring.
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Australia's Qantas Airways Ltd.  rejected on Wednesday a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group .
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Britain's Alliance Boots Plc  on Monday rejected an approach worth 9.7 billion pounds ($18.8 billion) from private equity firm Kohlberg Kravis Roberts , saying the offer undervalued its prospects.
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The London Stock Exchange (LSE) has rejected a proposed offer for the company from Deutsche Boerse valued at 530 pence per share in cash.
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IRVINE, Calif.   - Gateway Inc., the third-largest personal computer company in the United States, said yesterday that it rejected an unsolicited $450-million bid for its retail business from eMachines Inc. founder Lap Shun Hui.   Gateway said the Aug.
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Shoe and hat retailer Genesco Inc.  said on Thursday that it rejected a sweetened takeover bid of  $1.2 billion from rival Foot Locker Inc.  and hired  Goldman Sachs Group  to help it explore strategic  options, including a possible sale of the company.
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Middlesex Superior Court has rejected a bid by Globe Direct, the direct mail subsidiary of The Boston Globe, to block a Wilmington direct mail firm from using information alleged to have been misappropriated by former Globe Direct employees, the Wilmington firm said yesterday.
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Warner Music Group Corp. said  Wednesday its &#36;4.6 billion (2.5 billion pounds) counter-bid for  its larger rival EMI Group has been rejected.
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Australia's Qantas Airways Ltd.   rejected on Wednesday a conditional A$10.9 billion  ($8.6 billion) buyout offer led by Macquarie Bank Ltd.   and private equity firm Texas Pacific Group .
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Dutch office goods supplier Corporate  Express  is in early-stage talks to be bought by U.S.  rival Staples , a Dutch newspaper said on Tuesday,  citing an unnamed source within Staples.
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The London Stock Exchange said it had rejected a Â£1.3bn takeover bid from Deutsche Boerse but held the door open to talks that could result in a deal with the German exchange.
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NASHVILLE, Feb. 12  â Two more investment advisory firms recommended Monday that shareholders of Caremark Rx reject a buyout offer from the drugstore operator CVS Corporation when it comes up for a vote next week.
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Equity Office Properties Trust, the target of the largest real estate takeover, yesterday rejected a $41 billion offer from Vornado Realty Trust, saying a $38.3 billion cash bid by Blackstone Group L.P. is less risky for shareholders.
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The New York Times Co. has rejected a proposal by a group of Boston businessmen to buy The Boston Globe.
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Office goods supplier Staples proposed a 7.25 euros per share offer for Dutch peer Corporate Express  on Tuesday, valuing it at around 2.5 billion euros ($3.68 billion) and sending its shares soaring.