Shares soar as Jarvis eyes &#39;white knight&#39;
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JARVIS, the floundering engineering services group, saw its shares surge more than 100 per cent yesterday after opening the door to a potential &quot;white knight&quot; investor or takeover bidder.
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Business & money: HSBC is in the sights of 'activist investor' Eric Knight. He talks to Ruth Sunderland.
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The world&#39;s richest soccer club Manchester United says it has received a takeover approach from an unnamed suitor, sending its shares higher and fanning speculation that
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LOS ANGELES (CBS.MW) -- From the look of Pier 1 Imports&#39; stock performance on Tuesday, you&#39;d think Warren Buffett was the specialty retailer&#39;s knight in shining armor.
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Shares in engineering group Jarvis leap more than 16% after it offloads its stake in London underground consortium Tube Lines to Spainish firm Ferrovial.
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SHARES in Jarvis leapt nearly 20 per cent on the last day of trading before Christmas after the embattled engineering and construction group staved off financial collapse by completing the sale of its stake in Londonâs underground rail network for
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Jarvis is on the verge of avoiding financial collapse after it agreed to sell its one-third stake in Tube Lines to Amey for Â£146.8m and negotiated a one-year proposed extension to its banking facilities.
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SYDNEY (Dow Jones)--US cable television mogul John Malone has swooped on a large parcel of News Corp.&#39;s (NCP) voting stock, upsetting the balance of power inside the global media company on the eve of its long-awaited incorporation in the US, the Sydney
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&#39;Tis the season. It&#39;s been a busy time for Sprint (nyse: FON - news - people ) Chairman and Chief Executive Gary Forsee, and it&#39;s not over yet.
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John Malone, the chairman of Liberty Media, which has almost doubled its voting stake in News Corp, yesterday described the poison pill Rupert Murdoch&#39;s
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Big Blue --a white knight? It&#39;s easy to see how industry watchers got carried away with speculation that IBM (IBM ) might be riding to rescue of beleaguered PeopleSoft (PSFT ). On Sept.
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Pearson, the publisher of The Financial Times, is exploring a rival takeover offer for Dow Jones and has discussed a joint bid with G.E. and the Hearst Corporation.
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Troubled engineering and construction group Jarvis has bought itself a financial life-line by selling its 33% stake in the Tubes Lines underground consortium to Amey, part of Spanish construction group Ferrovial, for Â£150m.
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Shares in Anglo-Swiss miner Xstrata   climbed as much as 3.2 percent on Wednesday, as traders  cited persistent market talk of a bid from Brazilian mining  giant Vale (VALE5.SA).
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PARIS  - Shares in French video games publisher Ubisoft Entertainment SA surged Wednesday on a report that it discussed a so-called white knight deal with Vivendi Universal SA to fight a possible takeover bid from U.S. rival Electronic Arts Inc.
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Shares in PeopleSoft surged in New York after Larry Ellison&#39;s Oracle tabled a take-it-or-leave-it $8.8 offer for the business software company.
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The valuation on this company's shares has risen to mythical proportions.