Kidde rejects United Technology bid
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British fire-fighting equipment manufacturer Kidde Plc said Friday it had rebuffed an unsolicited cash approach from US rival United Technologies Corp.
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LONDON (CBS.MW) -- United Technologies (UTX) said its $2.8 billion cash offer for UK fire safety group Kidde (UK:KID) has been accepted by Kidde&#39;s board.
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United Auto Workers union members at a  major Chrysler LLC assembly plant overwhelmingly rejected a  proposed contract with the automaker, a setback for union  leadership in early voting on the four-year deal.
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Everton reject a Â£20m bid from Newcastle for England striker Wayne Rooney.
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LONDON/BOSTON  - United Technologies Corp. UTX.N  agreed on Thursday to acquire Britain's Kidde Plc KID.L for  $2.8 billion in cash in a deal aimed at expanding the U.S.  conglomerate's security system business.
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A federal bankruptcy judge on Friday  rejected an agreement between UAL Corp. UALAQ.OB and its  pilots union that would have let bankrupt United Airlines cut  pilots' pay by 14 percent and terminate their pension plans.
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Kidde moved a step closer yesterday to being bought by America&#39;s United Technologies, which increased its offer for the UK fire extinguisher maker to Â£1.39bn.
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Australian flag carrier Qantas Airways has rejected a 10.9 billion dollar (8.6 billion US) takeover bid from a private equity consortium, sending its shares into a nosedive.
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Leaders of US Airways&#39; pilots union late Monday rejected the carrier&#39;s latest contract proposal, a blow to the airline&#39;s attempt to avoid a second bankruptcy filing.
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By Alistair Osborne, Associate City Editor (Filed: 17/12/2004). United Technologies Corporation clinched the acquisition of Kidde yesterday after sweetening its 165p-a-share offer for the fire protection group with a final dividend of 2p per share.
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LONDON  - Kidde PLC, the British fire and safety company, said Thursday it had agreed to a 1.4-billion-pound (&#36;2.8-billion-US) takeover by United Technologies Corp.
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Delta Air Lines officially rejects an $8bn (Â£4.05bn) merger with US Airways proposed last month.
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English Premiership club Newcastle have reportedly rejected a takeover bid from the Belgravia Group.
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Kidde PLC, a British fire and safety equipment maker, agreed Wednesday to open its books to United Technologies Corp. after receiving a new takeover offer from the US engineering giant.
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United Airlines' mechanics union yesterday rejected a new cost-cutting contract and threatened to strike if a bankruptcy judge nullifies its existing agreement.
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British insurer Prudential Plc  said on Sunday it had rejected an approach for online bank Egg, after the Sunday Times newspaper reported that U.S. bank Citigroup Inc.  was considering a bid for Egg.
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Fire equipment manufacturer Kidde saw its share price rise by 20% on Friday after it confirmed it had rejected a Â£1.35bn ($2.46bn) takeover offer.