Mylan raising nearly $1 billion in offerings
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Generic drug maker Mylan Laboratories Inc.  said on Friday it is raising at least about $993.6 million in a public offering of notes and common shares, with proceeds intended for global operations and potential acquisitions.
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Despite concerns raised by an investor, Mylan Laboratories Inc. reaffirmed that its proposed acquisition of generic drug maker King Pharmaceuticals Inc.
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Announcements abounded: one acquistion, a potential sale, and the first-quarter earning report.
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Financier Carl Icahn on Friday  offered to buy the shares of generic drugmaker Mylan  Laboratories MYL.N that he does not already own for $4.9  billion, or $20 a share, according to a government filing.
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The share sale, one of the biggest initial public offerings in recent years in the entertainment business, may raise as much as $844 million.
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First week brings $1 million in downloads, CEO says.
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Investor Carl Icahn issued a $20-per-share bid to acquire Mylan Laboratories Inc. on Friday and said &quot;at least&quot; three other potential buyers in the generic drug industry could offer more.
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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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Dividend increases are about more than just money.
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The billionaire financier Carl C. Icahn offered yesterday to buy the generic drug maker Mylan Laboratories for about $5.4 billion in an effort to force Mylan to drop its proposed acquisition of King Pharmaceuticals.
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Acquisitions were the theme of the day as the FTSE Small Cap index jumped 1.7 per cent, its biggest daily gain in more than 18 months.
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By Kim Peterson, The Seattle Times  Sep. 5--Seattle digital-storage company Isilon Systems filed Friday to  raise as much as $86.25 million in an initial public stock offering.   The company has applied to be known under the symbol "ISLN" on the Nasdaq  stock market.
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Cisco has donated $1 million as a company, and the Cisco Systems Foundation has pledged at least $1 million more to match donations already made by Cisco employees.
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Mylan Laboratories Inc., the largest US maker of generic drugs, cautioned investors Friday that Thursday&#39;s jump in share price was likely driven by investor Carl Icahn&#39;s clearance to buy a large amount of company stock and fails to reflect &quot;negative ...
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Financier Carl Icahn offered Friday to purchase all outstanding shares of Mylan Laboratories Inc. for $20 per share, which would value the company at approximately $5.4 billion, according to The Wall Street Journal.
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Not buying it. Megafinancier Carl Icahn has made it clear: He&#39;s still opposed to Mylan Laboratories&#39; (nyse: MYL - news - people ) proposed acquisition of King Pharmaceuticals (nyse: KG - news - people ). Despite
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Sun Microsystems Inc. has agreed to buy open-source software maker MySQL AB for $1 billion, beefing up the server maker's database offerings with a company whose technology is used by some of the world's biggest Web sites.