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Archive for the 'Urge to merge' Category

Having it private equity’s way at Burger King …

Thursday, September 2nd, 2010

What with the generic names that hedge funds and private-equity shops adopt these days, it’s not too surprising that the suitor of Burger King Holdings (BKC) was confused briefly with 3i, the U.K. private-equity shop that boasts £9.6 billion under management. But no, it appears that Burger King’s buyer, at $4 billion, is 3G Capital, [...]

CenturyLink’s execs are paid to stay…

Tuesday, August 31st, 2010

CenturyLink (CTL) got some attention last week for an 8-K it filed, reporting that shareholders of CenturyLink and Qwest Communications International, Inc. (Q) overwhelmingly approved a merger proposal. But the company also filed a second 8-K, which received no real attention, even though it involves more than $10.2 million of shareholders’ money. That filing disclosed that CenturyLink (formerly [...]

No rockem and sockem in Dell’s 10-Q:

Friday, August 27th, 2010

Was it really only the beginning of last week that Dell (DELL) announced plans to buy 3Par (PAR)? My how time flies! Since then, it’s been hard to keep up with the near hourly updates on the tussle between two computer giants — Dell and Hewlett-Packard (HPQ) over a company that up until recently judging [...]

Security at McAfee not just for computers…

Thursday, August 26th, 2010

We’ll leave it to the pundits to determine whether or not Intel Corporation’s (NASDAQ: INTC) proposed $7.7 billion acquisition of McAfee, Inc. (MFE) is a wise move. But regardless of the answer, the deal offers some nice rewards to some of McAfee’s top executives.  The details are in an 8-K and an updated proxy that [...]

Dollar Thrifty’s merger hits an operatic note…

Tuesday, August 24th, 2010

There were times when passages in the merger proxy that Dollar Thrifty Automotive Group, Inc. (DTG) filed August 17 read more like a libretto than an SEC filing. The classic operatic themes are there: money, multiple suitors, commitment issues, and surprising plot twists. In this particular drama, at least two suitors wooed Dollar Thrifty, including [...]