Archive for the '13F' Tag

On Tuesday, after the market closed, Bowne & Co. (BNE) announced that it was being acquired by RR Donnelly (RRD) for $481 million, or about $11.50 a share. Given that Bowne stock closed at $6.97 on Tuesday, there were no doubt some smiles on a few investors’ faces over the news. Given this, we decided to [...]

This morning, the big news in deal-land is that Sanofi-Aventis (SNY) is buying Chattem Inc. (CHTT) for around $1.9 billion or around $93.50 a share. Chattem, known for such brands as Icy-Hot and Gold Bond powder, saw its stock jump over 30% percent this morning since the stock closed at just under $70 on Friday. [...]

For the past week, there’s been all sorts of chatter that billionaire David Geffen is interested in buying The New York Times Co. (NYT). In this morning’s paper, Times media columnist David Carr examines various scenarios. Most of the chatter focuses on Geffen’s interest in the nearly 20% stake that Harbinger Capital Partners owns, though [...]