Wheeling-Pittsburgh Closes Stock Offer
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Wheeling-Pittsburgh Corp., a metal products company, on Wednesday it has closed a public offering of 3.65 million common shares that helped raise $100 million to be used to pay down debt.
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UK blue chips closed the day's trade in positive territory, bolstered by strength on Wall Street which was assisted by a raft of merger news including the purchase by Bank of New York of Mellon Financial.
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Prudential Financial Inc. , the second-largest US life insurer, will shut its 420-person stock research and trading unit, one of the last traces of its failed attempt to become a financial supermarket.
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Norcross, Ga.-based Rock-Tenn Co. will close its folding-carton plant in St. Paul in December. The operations will be consolidated into other Rock-Tenn plants around the country.
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US investment fund Steel Partners II on Thursday offered to buy 90 percent of Gencorp Inc. (GY.N: Quote, Profile, Research) it does not already own for about $700 million
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In the latest salvo in a long-running battle between Wal-Mart Stores Inc. and organized labor, the company said yesterday it will close a Canadian store where about 200 workers were close to winning the first-ever union contract from the world's largest retailer.
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Under the terms of the agreement, Cisco will pay approximately $200 million in cash and options. The acquisition of P-Cube is subject to various standard closing conditions and is
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Ottawa is selling off its $3.1-billion stake in Petro-Canada, the Calgary-based oil company says. The stock sale would be the biggest in Canadian history.
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The Federal Communications Commission declared the latest and most lucrative auction of the public airwaves closed on Monday, with bids totaling nearly $13.9 billion.
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Western Australia gold and tantalum miner Sons of Gwalia says its gold business may be sold to pay off creditors. The company announced this morning it had appointed administrators and suspended its shares on the Australian Stock Exchange.
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Williams Cos. Inc. WMB.N has  scrapped efforts to sell its power business as the depressed  wholesale market has damaged prospects for selling the unit,  the natural gas company said on Thursday.
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The FTSE 100 closed up after a turbulent trading session that was dominated by consolidation within the mining sector following Rio Tinto&#39;s 38.1 billion dollar bid for Alcan, dealers said Thursday.
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Talks over restructuring a $10.3 billion deal to sell Home Depot's wholesale distribution business went down to the wire yesterday, the expected closing date for the agreement.
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Private equity firm Carlyle Group   has closed its $4.9 billion acquisition of U.S.  nursing home operator Manor Care Inc , Manor Care said  on Friday, after a temporary order against the deal was lifted  in Michigan.
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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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Thanks to a decline in Microsoft shares, the stock portion of the company's offer has dropped. That means that as of now Microsoft is offering less than it was four days ago. To match its original $31 per share offer, Microsoft would have to boost the exc
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Penn National Gaming Inc. has offered to buy Argosy Gaming Co. in a deal valued at $2.2 billion that would create the third-largest gaming company in the United States, the companies said after the market closed Wednesday.