Aether Declines Higher Bid for Transit Division
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Aether Systems Inc., a Maryland wireless data company that is selling off its operating units, said Wednesday it received a $30 million offer for a division it had already agreed to sell to another buyer for $25 million. -The Washington Post
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AMSTERDAM/LONDON  - Britain's Imperial Chemical Industries Plc  has rejected a 7.2 billion-pound ($14.2 billion) bid approach from Dutch chemicals group Akzo Nobel NV , saying it undervalued the company.
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America West Holdings Corp., of Phoenix, the parent company of America West Airlines, declined to bid for bankrupt ATA&#39;s assets Thursday, America West said.
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The High Court has turned down an appeal by Air New Zealand and Qantas over their proposed merger. The airlines had appealed to the court over the Commerce Commission&#39;s earlier decision to decline Qantas&#39;s
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Mittal Steel MT.N, seeking to win back   eroding investor support for its bid for Arcelor CELR.PA,   raised its offer by a third and dropped a key demand for family   control over the combined global steel giant.
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America West has pulled out of the bidding for ATA, the bankrupt low- cost carrier, the day before bids were due in, citing doubts about whether &quot;the potential value justifies the anticipated cost&quot;.
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The New Zealand High Court has declined an appeal by Air New Zealand and Qantas against the Commerce Commission&#39;s original decision to disallow the two airlines&#39; application to form a strategic alliance.
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Tempe-based America West Airlines confirmed today it was interested in buying all or part of struggling low-cost airline ATA, but for now it appears to have lost out to another airline.
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By The Associated Press  In a May 21 story about municipal wireless projects, The Associated Press erroneously reported that EarthLink Inc. suspended new bids. The company said it won't seek as many bids, but isn't completely ruling out new ones.
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LONDON - London Stock Exchange (LSE) rejected on Monday a nearly EUR 2.0 billion takeover bid by Frankfurt Stock Exchange company Deutsche Boerse, raising the prospects of a possible takeover battle for LSE.
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Hutchison Telecommunications International Ltd., controlled by Hong Kong billionaire Li Ka- shing, cut its initial public offer by as much as a fifth after investors snubbed the sale because the price was too high.
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AirTran Holdings Inc. , parent of AirTran Airways, said on Wednesday that despite being rejected several times, it still wants to buy Midwest Air Group Inc.  for almost $300 million.
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Australia's Qantas Airways Ltd.  rejected on Wednesday a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group .
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Deutsche Boerse, operator of the German stock exchange, refused to budge on the terms of its offer to merge with Euronext, indicating it would not be drawn into a bidding battle with the New York Stock Exchange for the pan-European rival.
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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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The London Stock Exchange said it had rejected a Â£1.3bn takeover bid from Deutsche Boerse but held the door open to talks that could result in a deal with the German exchange.
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Company is holding back high-speed fiber service out of fear that it will have to lease the links to rivals at below its own cost.