Category Archives: HedgeCo News
Man Utd bid talk heightens as Glazer and de Mol raise stakes
SPECULATION that Manchester United could soon be at the centre of a takeover battle heightened yet further yesterday after American football tycoon Malcolm Glazer and Big Brother creator John de Molboth increased their stakes. Glazer, the man who turned the […]
Overseas tycoons lift stakes in Man Utd
THE TAKEOVER speculation surrounding Manchester United showed no signs of abating yesterday as it emerged that two of the Premiership club’s wealthy overseas investors have increased their stakes. Malcolm Glazer, the billionaire American football magnate, has spent an estimated pounds […]
Medical giant Amersham surges after pounds 5bn takeover approach
AMERSHAM, THE medical technology company which grew out of the Government’s atomic energy programme, has attracted a pounds 5bn takeover approach. The company was forced to admit yesterday that it is in early talks with a mystery bidder, sparking a […]
(RTR.L) VhaYu to Deliver Faster, Enhanced, Real-time Analytics for Reuters Data
LOS GATOS, Calif.–(BUSINESS WIRE)–Oct. 9, 2003–VhaYu Technologies Corp., a leader in real-time tick-data capture, storage and analytics, announced today that it has signed a Developer LicenseAgreement (DLA) with Reuters (Nasdaq:RTRSY, LSE:RTR), the global information company. The DLA licenses VhaYu’s real-time […]
Report sees growth for mutuals
The mutual fund industry is poised for solid growth even as it faces challenges and consolidation after a downturn caused by the steep bear market of the last three years. That’s the bottom line of a report released yesterday by […]
Judge OKs Class-Action Lawsuit Vs. Tyson
LITTLE ROCK, Ark. (AP) – People who sold their shares in IBP Inc. when they heard poultry giant Tyson Foods Inc. had aborted its purchase of the meatpacking company may file a class-action lawsuitagainst Tyson, a federal court ruled. U.S. […]
Rabin, Murray & Frank LLP Announces Class Action Against Bank One Corp. Defendants and Canary on Behalf of Purchasers of the Certain One Group Funds — OGASX, PAVGX, PGIEX, PECAX
Rabin, Murray & Frank LLP Announces Class Action Against Bank One Corp. Defendants and Canary on Behalf of Purchasers of the Certain One Group Funds — OGASX, PAVGX, PGIEX, PECAX NEW YORK, Oct. 9, 2003 (PRIMEZONE) — A class action […]
Judge rejects motion to dismiss Quattrone case
NEW YORK — The judge presiding over the obstruction of justice trial of former Credit Suisse First Boston high-tech dealmaker Frank Quattrone denied a long-shot defense motion Wednesday to dismissthe case. Showing growing irritation with the Quattrone team, Richard Owen, […]
French regulators ask Eurotunnel to explain
FRENCH regulators today demanded that Eurotunnel clarify its financial situation amid massive short-selling of the shares and rumours circulating in Paris that the company will be forced to convene aspecial general meeting. However, the Anglo-French Channel Tunnel operator refused to […]
Irish duo raise United stakes
Two Irish racehorse magnates seized nearly a quarter of Manchester United yesterday by buying BSkyB’s stake in the Premiership club. But millionaires JP McManus and John Magnier are not planning a takeover, sources close to the deal said. But as […]
Irish tycoons stoke talk of Old Trafford takeover
IRISH horse-racing tycoons J.P. McManus and John Magnier raised their stake in Manchester United FC to 23.15 per cent yesterday, stoking further speculation about the club’s future ownership. Through their Cubic Expressions investment vehicle, the two millionaires shelled out GBP […]
Irish millionaires buy Sky’s Man U stake
MANCHESTER UNITED was on full bid alert last night after two Irish horseracing millionaires raised their holding in the Premiership club to almost 25 per cent. JP McManus and John Magnier snapped up BSkyB’s 10 per cent stake in Manchester […]