Swift Transportation rejects $2.2b takeover offer from founder
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PHOENIX -- Swift Transportation Co. Inc. said yesterday it has rejected a $2.2 billion takeover offer from its founder and largest shareholder and plans to explore other alternatives to the bid.
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The prepaid cellphone service provider said Sunday that its board had rejected an unsolicited takeover offer from MetroPCS.
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GenCorp (GY.N: Quote, Profile, Research) , an aerospace and real estate company, on Monday said its board has rejected a $17 per share offer from US investment fund Steel Partners II, saying the price was &quot;inadequate.
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Australia's Qantas Airways Ltd.  rejected 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 , sending its shares down 2.7 percent.
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Manchester United said it has rejected a business plan from US sports tycoon Malcolm Glazer and ended takeover talks. The club said an outline plan presented by Mr Glazer was not in its best interests because
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The snub opens the way for the parent of the nationâs largest carrier, Air China, to make an offer of its own.
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Vermont regulators rejected FairPoint Communications' proposed $2.7 billion buyout of Verizon Communications' land lines in northern New England, citing concerns about the company's financial viability.
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The Swedish truck maker Scania and its two largest shareholders rejected a takeover bid from a German rival, MAN A.G.
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Akzo Nobel says it has made a bid approach for Dulux paint-maker ICI, but that the move was rejected.
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The pension plan at a U.K. unit of  bankrupt auto parts maker Federal-Mogul Corp. FDMLQ.OB on  Friday rejected a $130 million offer by financier Carl Icahn to  keep it afloat, prompting a warning from bondholders that the  plan may be liquidated.
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Gold Fields has rejected a takeover bid from smaller rival Harmony, saying its assets were undervalued. Gold Fields also reiterated its intention to press ahead with a planned tie-up with Canada&#39;s Iamgold.
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Applebee's International Inc.   said on Friday negotiations with hedge-fund investor Breeden  Capital have failed to produce an agreement after Breeden  rejected the restaurant chain's offer of two board seats.
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Shoe and hat retailer Genesco Inc.  said on Thursday that it rejected a sweetened takeover bid of  $1.2 billion from rival Foot Locker Inc.  and hired  Goldman Sachs Group  to help it explore strategic  options, including a possible sale of the company.
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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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Australian travel retailer Flight Center Ltd.  said its planned A$1.62 billion ($1.28 billion) management buy-out did not receive shareholder approval at a meeting on Wednesday.
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The board of Scania trucks rejected immediately a takeover bid by German industrial group MAN of 9.6 billion euros (12.2 billion dollars) intended to create a world leader in the sector for lorries and utility vehicles.
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Australian prospector Midwest Corp  rejected a $1 billion-plus takeover proposal from its major shareholder, the Chinese commodities trader Sinosteel, emboldened by another big hike in iron ore prices this year.