The best, brightest, most innovative and entrepreneurial people increasingly want a piece of the action -- many won't even consider joining a company unless they receive stock. There are three primary methods for sharing stock with employees that offer great flexibility, including the ability to tie rewards to individual performance...
NEW YORK--BUSINESS WIRE--February 12, 1997--Axsys Technologies Inc. (NASDAQ National Market: AXYS) announced today that its board of directors approved an exchange offer for all outstanding shares of its $1.20 cumulative exchangeable redeemable preferred stock. The company will offer to exchange 0.75 newly issued shares of its common...
NEW YORK AFP — The Nasdaq electronic stock exchange confirmed its bid for the London Stock Exchange, saying it would proceed with the offer despite the LSE's rejection. The news came hours after the LSE said it had rebuffed the unsolicited offer from the second-largest US stock market as...
Burlington Stock Up After Improved Offer NEW YORK -- Burlington Industries stock ran up 2 3/8 to 77 1/4 Thursday in response to the $78-a-share offer late Wednesday by the management-backed investment group organized by Morgan Stanley & Co. The new offer topped...
NEW YORK AFP — The Nasdaq electronic stock exchange said it had dropped its bid for the London Stock Exchange that it made earlier this month. In its statement early Thursday, Nasdaq said it "no longer intends to make an offer for the LSE." However, the exchange said...
M2 PRESSWIRE-30 March 2006-NASDAQ: Withdrawal of indicative offer for the London Stock Exchange Plc the London Stock Exchange or the LSEC1994-2006 M2 COMMUNICATIONS LTD RDATE:30032006 New York - In connection with the announcement made on March 10, 2006 by The Nasdaq...
DALLAS -- i2 Technologies, Inc. (Nasdaq:ITWO) today announced that it has filed an exchange offer with the Securities and Exchange Commission under which eligible employees will have the opportunity to exchange certain stock options for restricted stock units.
Knight Ridder/Tribune Business News Nov. 12--In a compromise vote, the board of the Philadelphia Stock Exchange yesterday approved most of the provisions of a "final" offer to sell the nation's oldest stock market. But it struck two key provisions and reserved the...
This paper studies the relations among abnormal accounting accruals measures of earnings management, stock offers, post-offer stock returns, and related shareholder lawsuits. It finds that accruals are abnormally high around stock offers, especially high for firms that are subsequently sued about their offers. These accruals tend to reverse after stock...
The article points that often used as a tool to retain employees, stock options have a growing appeal in today's job market. Depending on the business and industry, stock options can be a very valuable and enticing benefit to offer employees and potential employees. There are three classes of stock...
NEW YORK -- Barneys New York Inc. has registered with the Securities and Exchange Commission to offer 300,000 shares of stock as part of its stock option plan for non-employee directors. The SEC registration was filed on Friday, but not immediately available....
CHASKA, Minn. -- Entegris, Inc. (Nasdaq:ENTG) announced today its intention to commence a modified "Dutch auction" tender offer to purchase up to 20.4 million shares of its common stock at a price per share not less than $11.00 and not greater than $12.25, for a maximum aggregate purchase price of...
LONDON AFP — Deutsche Boerse is ready to make a revised offer for the London Stock Exchange LSE that would value it at 1.5 billion pounds (2.12 billion euros, 2.88 billion dollars), the Observer newspaper reported. It quoted financial experts in Frankfurt as saying that if its offer of...
DENVER--BUSINESS WIRE--Nov. 15, 1999-- VICORP Restaurants, Inc. (NASDAQ:VRES) announced today that its Board of Directors has authorized a cash tender offer for 2,000,000 shares of common stock at $19.00 per share. The offer will commence as soon as possible. This announcement is neither a tender offer for...
HOUSTON -- Halliburton Company (NYSE:HAL) today announced that, based on preliminary results, the offer to its stockholders to exchange shares of Halliburton common stock for shares of KBR, Inc. (NYSE:KBR) common stock held by Halliburton was oversubscribed. The exchange offer expired at 12:00 midnight, New York City time, on April...
Goodyear is the latest in a string of public companies-including Cooper Tire & Rubber Co. in 2001-to receive an unsolicited ``mini-tender'' offer by TRC Capital Corp. to purchase shares of its common stock. The tire maker said June 25 it learned of the Toronto-based investment group's offer to...
Business Editors CHICAGO--BUSINESS WIRE--Feb. 28, 2003 WorldPort Communications, Inc. (OTCBB: WRDP) announced today that it intends to make a tender offer for all of the outstanding shares of its common stock at an offer price of $0.50 per share. The Company's common stock was the subject of a...
LONDON AFP — The London Stock Exchange said it had received a preliminary cash bid from the Nasdaq Stock Exchange in New York but added that the offer worth 950 pence per share "substantially undervalues" the company. The proposal values the LSE at about 2.42 billion pounds (3.51 billion...
NEW YORK AFP — The Nasdaq electronic stock exchange confirmed it made a bid for the London Stock Exchange, calling it an "attractive offer" for shareholders. The news came hours after the LSE said it had rejected the unsolicited offer from the US group as one that "substantially undervalues"...