QXL faces hostile takeover bid
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UK online auction firm QXL Ricardo faces a hostile bid from Dutch company Florissant after rejecting its takeover offer.
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Nasdaq  launched its 2.7 billion  pound ($5.3 billion) hostile bid for the London Stock Exchange   on Tuesday, appealing directly to investors after being  spurned by Europe's biggest stock market.
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The London Stock Exchange (LSE) is facing a possible bidding war after receiving its second takeover approach in a week. Paris-based rival Euronext made an approach just a week after the LSE said it had knocked
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Xstrata Plc., which has made a hostile A$7.4 billion ($5.7 billion) bid for WMC Resources Ltd., said it received the first acceptance of its offer for the world&#39;s fifth largest nickel producer.
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Shares in MCI climb on speculation that rival phone firm Qwest has tabled a $6.3bn takeover offer.
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Deutsche Boerse's takeover bid for the London Stock Exchange is criticised by one of its own shareholders.
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XSTRATA saw its shares fall 1.4 per cent yesterday after the London-listed miner said it was taking its A$7.4 billion (Â£3.12bn) offer for Australiaâs WMC Resources hostile, following a rebuff from the WMC board last month.
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The London Stock Exchange   reiterated its opposition to a hostile bid from Nasdaq Stock  Market Inc  on Monday, noting that valuations of  trading exchanges had risen since its U.S. rival launched its  bid.
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Swiss mining group Xstrata PLC Monday launched a hostile 7.4 billion Australian dollar (US$5.8 billion; euro4.4 billion) bid for uranium and copper miner WMC Resources LTD, increasing pressure on the independent Australian miner.
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Express Scripts is planning a $26 billion hostile bid for rival Caremark Rx that would create the nationâs largest pharmacy benefits manager.
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US stock exchange operator Nasdaq has said that shareholders in the London Stock Exchange have until January 11 to accept its hostile takeover offer.
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Pharmacy benefits manager Express  Scripts Inc.  is planning to make a $26 billion hostile  bid on Monday for rival Caremark RX , the New York Times  reported on its Web site, citing people briefed on the  company's plan.
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AustraliaÂs national carrier, Qantas, said that it had been approached by Macquarie Bank and the Texas Pacific Group amid speculation of a takeover.
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Xstrata yesterday took its $5.8 billion (Â£3.1 billion) cash bid for Australian miner WMC hostile, laying the ground for another major takeover clash between the old guard and the new of the mining world.
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The London Stock Exchange has described a hostile takeover bid by US stock exchange operator Nasdaq as &quot;wholly inadequate&quot; and called on its shareholders to reject the offer worth 2.9 billion pounds (4.3 billion euros, 5.5 billion dollars).
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Blockbuster Inc. said yesterday it will launch a hostile bid for Hollywood Entertainment Corp. next month if the rival's directors won't negotiate a deal.
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Business & money: Cable company says it has received a takeover bid and is considering potential sale.