Mylan Says Committed to King Merger
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Mylan Laboratories Inc. MYL.N on  Friday said its board of directors remains committed to the  purchase of King Pharmaceuticals Inc. KG.N, despite news that  billionaire investor Carl Icahn won regulatory approval to buy  up to 11.9 percent of Mylan's shares.
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NEW YORK - Why has Carl Icahn set his sights on the relatively insignificant Mylan Laboratories, a generic drug company with just $1.5 billion in sales and a $4.3 billion market cap?
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Mylan Laboratories Inc. MYL.N on  Wednesday said investor Carl Icahn's opposition to Mylan's  proposed purchase of King Pharmaceuticals Inc. KG.N does not  affect Mylan's commitment to complete the transaction.
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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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Two of the nation's most well-known companies today said they would combine to form the third-largest U.S. retailer.
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The board of mall owner Mills Corp.   will weigh a $1.56 billion takeover offer from Simon  Property Group Inc.  and Farallon Capital Management,  but its deal with Brookfield Asset Management Inc. (BAMa.TO)  remained intact, Mills said on Tuesday.
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Icahn is involved in the Mylan-King Pharmaceuticals deal for his benefit only.
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A long-anticipated merger may soon come true.
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Pharmaceutical stocks were in the spotlight Thursday with news that investor Carl Icahn&#39;s was given a green light to buy a sizable chunk of Mylan Laboratories Inc.
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Blockbuster Inc. said on Tuesday it remains committed to acquiring Hollywood Entertainment Corp. despite an &#36;850 million bid for the No. 2 video chain by Movie Gallery Inc. last week.
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Generic drug maker Mylan Laboratories Inc. reaffirmed on Wednesday its planned $3.37 billion purchase of King Pharmaceuticals Inc.
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IBM  and Lehman Brothers   have agreed to pay nearly US$17 million for 7.7 percent  of Kingdee International Software Group Ltd. (0268.HK), aiming  to establish an alliance under which Big Blue will help the  Chinese software firm re-design its products and expand  globally.
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NYSE Group Inc.  Chief Executive John Thain said on Tuesday he was confident that shareholders of pan-European bourse Euronext  would approve its planned merger with the New York Stock Exchange.
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The drug maker Mylan Laboratories Inc. appeared to back away yesterday from a contentious $4 billion takeover bid for rival King Pharmaceuticals Inc. King shares fell more than 6 percent on the news.
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Financier Carl Icahn on Monday said King Pharmaceutical Inc.&#39;s (KG) possible need to restate earnings reinforces his belief that an acquisition of King by Mylan Laboratories Inc.
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IBM  and Lehman Brothers  have agreed to buy a small slice of software company Kingdee , kicking off an alliance intended to help the U.S. firm expand its footprint in a $10 billion domestic market and further the Chinese company's global ambitions.
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Mylan Laboratories Inc. (MYL.N: Quote, Profile, Research) on Monday said its board does not believe discussions with financier Carl Icahn&#39;s about his unsolicited proposal to buy the company are in the company&#39;s best interests.