Sacramento Digest: GenCorp Gets Sale Payment
482130
By Dale Kasler, The Sacramento Bee, Calif.  Feb. 7--GenCorp Inc. said Tuesday it has received a $29.7 million payment from the company that bought its chemical business in 2005.
618409
In a surprise attempt by a Cambridge biotechnology company to trump a takeover bid by one of its neighbors, Millennium Pharmaceuticals Inc. yesterday said it had reached a $515 million deal to buy a small Canadian drug firm that Genzyme Corp. has been trying to buy since late last month.
366927
WATERTOWN, Mass. -- A unit of General Electric Co. said Wednesday it will buy Ionics Inc. for $1.1 billion in cash, not counting about $200 million in debt GE will assume in its purchase of of the water treatment company.
279549
Diageo has raised $2.26bn (â¬1.84bn) from the sale of 49.9 million shares of common stock held in General Mills. The shares were sold for â¬45.
609014
National Grid Transco agreed one of the largest cash deals in recent corporate history yesterday with the sale of four of its eight gas distribution networks for Â£5.
584133
Shorenstein Co. LLC of San Francisco and the State Teachers Retirement System of Ohio this week completed the sale of Bay Colony Corporate Center office park in Waltham to Beacon Capital Partners LLC for $272.5 million. Cushman &amp; Wakefield of Massachusetts represented the sellers in the sale of the 987,923-square-foot, four-building complex on Route 128 overlooking the Cambridge Reservoir. The ...
125418
Virginia-based REIT will pay $1B, before transaction costs, for a 50% stake in the properties. NEW YORK  - Real estate investment trust Mills Corp. said Tuesday it will buy a 50 percent managing stake in nine regional malls from a General Motors ...
91611
Fannie Mae announced Wednesday that it has agreed to sell an aggregate of $5 billion in two placements of preferred stock to qualified institutional buyers, representing the largest capital placement ever undertaken by the mortgage-financing giant.
757793
By Bob Shallit, The Sacramento Bee, Calif.  Dec. 13--Employees at Intel's Folsom campus are buzzing over the possible sale of another of the company's local business units -- this one with hundreds of workers.
131890
General Mills Inc. GIS.N on  Monday said it will sell an $835 million stake in its cereal  business to an affiliate of Lehman Brothers Holding Inc.  LEH.N and use the money to buy back 16.5 million of its  common shares from Diageo Plc DGE.L.
322137
General Electric Co. (GE.N: Quote, Profile, Research) will buy Ionics Inc. (ION.N: Quote, Profile, Research) for $1.1 billion to build out its water treatment and services business
607164
Utility company Avista Corp. (AVA.N: Quote, Profile, Research) said on Friday it has agreed to purchase the remaining half interest in the Coyote Springs 2 power plant in Oregon from bankrupt energy company Mirant Corp.
93699
Investment group Steel Partners II LP on Thursday offered to buy up the remaining stake in aircraft component maker GenCorp Inc., saying the company&#39;s board has made &quot;many mistakes&quot; in allocating capital and managing day-to-day operations.
534197
GenTek Inc. (NASDAQ: GETI) announced today that it has executed a purchase agreement to acquire the assets of GAC MidAmerica, Inc., a producer of aluminum sulfate and bleach.
170321
Fannie Mae , the embattled U.S. home financing company, on Wednesday said it agreed to sell &#36;5 billion in preferred stock to institutional buyers as part of an effort to comply with regulatory demands to increase capital.
305457
General Motors Acceptance Corp. plans to sell $2.7 billion of securities backed by auto loans on Wednesday, a person familiar with the deal said on Tuesday.
740883
JPMorgan is said to be arranging an auction.