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Archive for the 'Urge to merge' Category

Keeping up with Yahoo’s many filings…

Thursday, July 10th, 2008

Most days, it’s hard to keep up with all the Yahoo (YHOO) merger-related filings. After all, there’s only so many hours in the day. In June, there were 20 — pretty much one for every day the SEC was actually open. Compare that to just 3 filings by Yahoo in June 2007 (I’m not counting [...]

Saying a lot in very few words…

Monday, July 7th, 2008

Earlier today, Fresenius SE (FRE3:GY) announced that it was buying APP Pharmaceuticals (APPX) for $4.6 billion, or around $23 a share. The deal represented a substantial premium — just shy of 30% — over where APP’s shares closed on Thursday, before the markets closed for the July 4 holiday.
But what’s really interesting is this 8K [...]

HP’s new warning on mergers…

Thursday, June 12th, 2008

Here at footnoted, we do a lot of reading between the lines as we read the fineprint, trying to figure out exactly what the folks who write this stuff are really trying to say, even when they’re trying very hard to be obtuse. So you can imagine our surprise upon reading this 10Q that Hewlett-Packard [...]

Dell’s goodwill between brothers…

Wednesday, June 4th, 2008

In February, when Dell (DELL) announced that it was buying MessageOne for $155 million in cash, questions were raised because one of the company’s co-founders is Adam Dell, who happens to be the brother of Dell Chairman and CEO Michael Dell. In the release announcing the deal, the company noted that it took “additional steps [...]

Countrywide’s multiplier effect…

Monday, June 2nd, 2008

It’s been a few months since we last checked in on the sex party house a stone’s throw away from where I used to live in Holmes Beach, Fl. that we first footnoted last November. The house, which was once listed at $1.8 million and which Countrywide Financial (CFC), which is set to be acquired [...]