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Wal-Mart takes over British grocery chain Web posted Thursday, August 5, 1999 8:45 a.m. CT By SUE LEEMAN The Associated Press LONDON - Global retailing leader Wal-Mart Stores Inc. has announced its arrival in Britain with the $10.7 billion takeover of Asda Group PLC, the country's third largest supermarket chain. The deal, which more than doubles Wal-Mart's international sales and consolidates i..
Source: http://www.123jump.com/story.htm?story_id=11764 New York, Jun 04, 2001 (123Jump via COMTEX) -- United NewVentures, the investment arm of UAL Corp. (UAL), announced this morning that it will acquire online marketing company MyPoints.com (MYPT) for $112.5 million. The companies reported that UAL will pay $2.60 cash per share for all outstanding stock of MyPoints.com - nearly $1 per share m..
TYCO'S ACQUIRES AMP INCORPORATED JUERGEN GROMER NAMED PRESIDENT OF AMP Hamilton, Bermuda, April 5, 1999 - Tyco International Ltd. (NYSE-TYC, LSE-TYI, BSX-TYC) (Tyco), a diversified manufacturing and service company, announced today that it completed the merger with AMP Incorporated (NYSE: AMP) (AMP) on April 2. AMP, with annual revenues of approximately $5.5 billion, designs, manufactures and ma..
SBC, Ameritech see core business shift By John Borland Staff Writer, CNET News.com January 21, 1999, 12:30 p.m. PT news analysis As SBC Communications and Ameritech move toward merging their operations, their core businesses are changing as quickly as their ownership. The two companies each released fourth quarter earnings today, showing companies driven more and more by data, wireless, and over..
Phillips sees Tosco acquisition as 'final step': Mulva New York (Platts)--5Feb2001/ The $7-bil acquisition of refiner Tosco is the "final step" in an 18-month odyssey to transform Phillips Petroleum into a major, integrated oil company, Phillips chairman and CEO James Mulva said Feb 5. Mulva and Tosco chairman and CEO Thomas O'Malley met with analysts in New York, a day after announcing the stoc..
Warner-Lambert, Pfizer Complete Merger By Warren Gump (TMF Gump) June 21, 2000 Summary: Pharmaceutical companies Pfizer and Warner-Lambert completed their merger on Monday. The new company now needs to deliver on its promise of 25% earnings-per-share growth and $1.6 billion in annual savings. Wrapping up a nasty takeover battle that erupted last year, Pfizer (NYSE: PFE) and Warner-Lambert comple..