Aether Declines Higher Bid for Unit
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Aether Systems Inc., a Maryland wireless data company that is selling off its operating units, said yesterday it received a &#36;30 million offer for a division it had already agreed to sell to another buyer for &#36;25 million.
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Wall Street helped Aether Systems Inc. become a wunderkind of the wireless data industry in 1999. But when its strategy to build a wireless empire collapsed, it turned to the small Arlington investment bank of Friedman, Billings, Ramsey Group Inc. for a solution.
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EMI Group Plc  is expected to  reject a potential 2.5 billion pound ($4.92 billion) bid from  private equity firm Permira as being too low, the Times  newspaper said on Monday.
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South African gold producer Gold Fields has rejected a $8.2bn (Â£4.5bn) bid by rival Harmony which would have created the world&#39;s largest gold company.
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Aether Systems Inc., a Maryland wireless data company that is selling off its operating units, said Wednesday it received a $30 million offer for a division it had already agreed to sell to another buyer for $25 million. -The Washington Post
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Australian nickel and copper miner WMC Resources has turned down an offer from Swiss-based Xstrata that valued the company at Aust.
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The London Stock Exchange has rejected a Â£1.35bn offer from German market Deutsche Boerse, but says fresh talks are possible.
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Business & money: Global Radio refuses to rule out higher bid as it attempts to get the rival firm's shareholders on side
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Mittal Steel MT.N, seeking to win back   eroding investor support for its bid for Arcelor CELR.PA,   raised its offer by a third and dropped a key demand for family   control over the combined global steel giant.
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German energy giant E.ON has raised its takeover offer for Spain's Endesa electricity firm to 35 euros (44.7 dollars) per share from 25.4 euros (32.5 dollars) offered in February, the company said in a statement.
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The London Stock Exchange PLC has received and rejected a bid proposal from Germany's main stock exchange, Deutsche Boerse AG , the exchanges said Monday.
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MELBOURNE (Dow Jones)--Australian insurer AXA Asia Pacific Holdings Ltd. (AXA.AU) rebuffed Monday a buyout proposal from major shareholder AXA SA (AXA) after it wouldn&#39;t agree to the A$3.
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Cyberonics Inc. rejected a takeover bid from fellow medical-device maker Advanced Neuromodulation Systems Inc. on Wednesday, saying it continues to focus on strengthening its epilepsy business and is still not interested in any combination or merger.
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SYDNEY: Directors of Australian mining giant WMC Resources Ltd. have rejected a renewed A$7.4b (US$5.7b) takeover offer from British-Swiss Xstrata Plc.
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MELBOURNE - Australian nickel and copper miner WMC Resources rejected aA$7,4bn takeover bid from Xstrata, but left the door open for a higher offer, which sent its shares soaring.
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The board of PeopleSoft Inc. yesterday rejected Oracle Corp.&#39;s $24-a-share hostile takeover bid as too cheap, but said it was open to a deal at a higher price.
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Frankfurt&#39;s stock market, the Deutsche Boerse, said Thursday it had declined to bid for a 31-percent stake in the London Stock Exchange being sold by the US high-tech market Nasdaq.