acquisition

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Aluminum Giant Makes Play for Rival

Alcoa's $26.9 hostile takeover bid for Alcan comes after years of merger talks

(Newser) - Aluminum titan Alcoa is hoping to get its largest rival, Alcan, to melt under a hostile takeover bid, after merger talks between the two companies collapsed. Alcoa, the world's largest aluminum company, has offered $26.9 billion for its Canadian competitor in an effort to beat out the emerging market...

Designer's Pals Rally to Keep Label Alive

Narciso Rodriguez averts bankruptcy with Claiborne deal

(Newser) - Narciso Rodriguez, the designer of sexy minimalist frocks like Carolyn Bessette Kennedy's wedding dress, is one of the darlings of the close-knit fashion community. And it's a good thing: When Rodriguez faced bankruptcy last fall, instead of shuttering his studio he called Donna Karan, Ralph Lauren, Anna Wintour and Jessica...

Dow Shareholder Duels Murdoch
Dow Shareholder Duels Murdoch
May 7, 2007 6:51 AM CDT

Dow Shareholder Duels Murdoch

(Newser) - A powerful shareholder in Dow Jones  is opposing Rupert Murdoch's takeover bid, saying the tabloid publisher would destroy the Wall Street Journal's integrity. James Ottaway Jr. said Murdoch "has for a long time expressed his personal, political and business biases through his newspapers and television channels."

Qantas Deal Crashes
Qantas Deal Crashes
May 5, 2007 8:00 AM CDT

Qantas Deal Crashes

(Newser) - Qantas Airlines will keep flying solo, after what would have been the biggest airline takeover in history fell through yesterday evening. Airline Partners Australia, the private equity consortium that offered $11.1 billion for the company, failed to secure the 50% of stock it needed to move the deal to...

Viacom Sues Google
Viacom Sues Google
Mar 14, 2007 8:55 PM CDT

Viacom Sues Google

(Newser) - Viacom filed a $1 billion lawsuit against Google yesterday for what it says is gross copyright infringement on YouTube, the company's newest acquisition. Google has promised to work with companies to remove copyrighted material, but Viacom complains that illegally posted clips of its programs like "The Daily Show" have...

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