Clorox eyes buyout offer - Beloit Daily News
Tue, 19 Jul 2011 21:31That's a 12 percent premium to Thursday's closing price. Clorox shares leapt Friday on the news. However, Icahn seemed more interested in drumming up another buyer, such as Procter & Gamble Co. or Colgate-Palmolive Co., than actually buying Clorox ...
Clorox rejects Icahn bid, says undervalues company - Reuters
Mon, 18 Jul 2011 22:21Icahn said in a letter that synergies resulting from any deal with a third-party strategic buyer could make even a $100 per share offer viable to the likes of Procter & Gamble Co (PG.N), Unilever Plc (ULVR.L) or Colgate-Palmolive Co (CL.N). ...
Icahn bids for Clorox, suggests others step up - Reuters
Fri, 15 Jul 2011 14:10N) in play on Friday, offering $10.2 billion for the bleach maker and suggesting that its rivals should consider paying much more for the company. Icahn's offer of $76.50 per share represents a 12 percent premium to the stock's Thursday closing price ...
BUSINESS BRIEFS - NewsOK.com
Tue, 19 Jul 2011 05:18NEW YORK — Clorox Co. is turning down billionaire investor Carl Icahn's offer to buy the company, saying the price of $76.50 per share is too low. The Oakland, Calif., company also said Monday that it is adopting a “poison pill” shareholder rights ...
Stocks with Upward Wedge Patterns: (CL), (PMF), (TFX), (HOMB), (AT) - Takeover Chatter
Tue, 19 Jul 2011 18:57Upward wedge patterns have been noticed on July 19 for the stocks Colgate-Palmolive Co, PIMCO Municipal Income Fund, Teleflex Incorporated, Home Bancshares, Inc. (Conway, AR), and Atlantic Power Corporation. The price range of these stocks is getting ...