UTC makes new offer for Kidde as deadline looms
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UNITED TECHNOLOGIES (UTC), which has just seven days left to launch a formal bid for Kidde, is likely to ask the Takeover Panel for a deadline extension, after raising its offer by Â£42 million to Â£1.39 billion yesterday.
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Manchester United have received a &quot;preliminary approach&quot; regarding a &quot;possible offer&quot; to takeover the club. The club&#39;s board said they are &quot;seeking clarification of this proposal&quot; and that at this stage &quot;it is unclear whether any offer will be made&quot;.
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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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Jason Kidd is on the verge of being traded to the Dallas Mavericks in a package built around the young point guard Devin Harris and veteran Jerry Stackhouse.
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United Technologies (UTC), the parent company of security product manufacturer and integrator Chubb, is making an offer to purchase fire and safety product manufacturer Kidde plc.
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Manchester United&#39;s directors barely disguised their gritted teeth yesterday as they issued the statement the outside world has been awaiting for months: Britain&#39;s richest football club has received a possible takeover offer.
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New Jersey Nets guard Jason Kidd has asked to be traded to another National Basketball Association team, American sports network ESPN reported on Monday.
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When the New Jersey Nets acquired Vince Carter on Friday, it was the most serious indication yet that Nets owner Bruce Ratner is willing to do what is necessary to keep Jason Kidd in New Jersey.
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Business & money: Â· Group in talks with banks as deadline loomsÂ· Only increased offer will win over Rio Tinto board
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LONDON - US tycoon Malcolm Glazer has told the board of English Premier League soccer team Manchester United that he plans a new $1.56 billion (800 million pound) takeover offer, a source familiar with the matter said on Sunday.
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Manchester United last night appeared to move a step closer to successfully completing the signing of Wayne Rooney when they lodged an increased Â£25 million bid for the England striker.
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Shareholders in Kidde, the fire protection group, have indicated they would be prepared to sell out if United Technologies Corporation (UTC), the US industrial conglomerate
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Jason Kidd said his agent had talked to the Nets about trading him by the Feb. 21 deadline. Kidd described those discussions as a continuation of talks that began during the All-Star break last year.
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United Technologies Corp., which offers security services through its Chubb unit, agreed to buy UK fire-protection company Kidde Plc for $2.8 billion in cash to expand its range of building-services products.
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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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Malcolm Glazer has told Manchester United he is preparing a revised offer for the world&#39;s richest football club. In a statement to the Stock Exchange this afternoon United
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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.