Vornado raises bid for Equity Office
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Vornado Realty Trust  said on  Thursday it had raised its takeover offer for Equity Office  Properties Trust  to $56 per share, or $23.24 billion,  above a rival bid of $54 per share from private equity firm  Blackstone Group.
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Equity Office Properties Trust   said on Tuesday that the Blackstone Group  raised the  price of its takeover bid to $55.50 per share, after rival  bidder Vornado Realty Trust  sweetened its own offer.
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NEW YORK -- Och-Ziff Capital Management Group LLC, the investment firm run by former Goldman Sachs Group Inc. trader Daniel Och, filed to raise $2 billion in the largest initial public offering by a US hedge-fund firm.
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Dutch computer services company Getronics NV on Wednesday said it will increase its bid for Dutch peer PinkRoccade NV to 350 million euros (&#36;469 million) in cash and stock, in what could become a bidding war with competing suitor Ordina NV.
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Och-Ziff Capital Management Group, a  large alternative asset manager, said on Monday it filed for an  initial public offering, making it the latest large investment  firm to seek a public listing.
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LOS ANGELES (CBS.MW) - Oracle Corp. on Monday raised its hostile bid for rival PeopleSoft to $8.8 billion, calling the bid its &quot;best and final offer,&quot; as CEO Larry Ellison raised the stakes in a 17-month takeover
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The Blackstone Group leads Vornado Realty Trust in the bidding for Equity Office Properties Trust, the nationâs largest office landlord.
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Private equity firm Blackstone Group  won control of Equity Office Properties Trust  on  Wednesday after a majority of the top U.S. office landlord's  shareholders accepted Blackstone's cash bid of $23 billion, and  rival bidder Vornado Realty Trust  dropped out.
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Apollo Management LPâs Hexion Specialty Chemicals Inc. said Monday it raised its rival takeover bid for chemical company Huntsman Corp. to about $6.2 billion.
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Vornado Realty Trust  said on Thursday it had raised its takeover offer for Equity Office Properties Trust  to $56 per share, or $23.24 billion, above a rival bid of $54 per share from private equity firm Blackstone Group.
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ORACLE chief executive Larry Ellison has increased his companyâs offer for rival software company PeopleSoft, and set a deadline for the first time since the hostile takeover bid began in June 2003.
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The business software maker hopes to prod rival Oracle into raising its current bid by $1.5 billion.
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Private equity firm Blackstone Group won a 3-month bidding war to acquire Equity Office Properties Trust  on Wednesday after a majority of the top U.S. office landlord's shareholders accepted Blackstone's $23 billion bid and Vornado Realty Trust  dropped out.
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Sears, Roebuck & Co. S.N shares rose  as much as 31 percent on Friday after real estate company  Vornado Realty Trust VNO.N said it raised its stake in the  retailer, a step that could lead Sears to convert some of its  real estate assets into cash.
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Shares of Sears, Roebuck and Co. were up about 20 percent on Friday after real estate company Vornado Realty Trust said it raised its stake in the retailer, a step that could mean Sears plans to convert some of its real estate assets into cash.
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Vornado offered to modify its $41 billion bid for Equity Office Properties by paying the cash portion of its offer within a few weeks.
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Oracle Corp. raised the stakes in its hostile bid for PeopleSoft Inc. Monday by increasing its offer to $24 per share, boosting the value of the proposed merger to $9.