Word: offerred
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Branson, whose consortium includes U.S. billionaire investor Wilbur Ross, hedge fund Toscafund and the First Eastern Investment Group, proposes an injection of $2.69 billion of new cash into Northern Rock, with half of that investment from the consortium. The remainder would be raised through an offer to existing shareholders to buy new shares for 25 pence (52 cents) each?as opposed to a share price that reached 110.1 pence ($2.28) on Monday during turbulent trading. The offered price values Northern Rock at $413 million, which is considerably less than its current market value of $960 million...
...Many shareholders aren?t happy. According to Robin Ashby of the Northern Rock Small Shareholders Group, an "overwhelming majority" of shareholders at a meeting on Monday in the northern English city of Newcastle where the lender is based, agreed in an informal vote that Branson?s offer undervalued the company. Shareholders still have the power to block a sale because the bank has not officially been declared insolvent, despite its reliance on an approximate $47 billion bail out made by the Bank of England in September, when Northern Rock revealed its financial difficulties. "The directors need to be aware that...
...politics surrounding the tragedy probably won't have much effect on his vote. However, his family's statements on the matter could certainly affect the Republican contest going forward, and Slater suggested that as family members learn more about Romney's role in appointing Judge Tuttman they would likely offer their thoughts...
Joto Sake now boasts 150 restaurants and retailers that offer its 10 brands from six Japanese producers. Sales doubled in 2006 from 2005, and Sidel expects to break even this year with revenue of a little more than $1 million. "Sake is transitioning from the image of being cheap, hot and in a little carafe that gets you hammered to one of a fine wine with a lot of complexity, flavor and craftsmanship," he says...
...Carl Sagan Academy in Tampa, Fla., the country's first Humanism-influenced public charter school, which opened with 55 kids in the fall of 2005. Bri Kneisley, who sent her son Damian, 10, to Camp Quest Ohio this past summer, welcomes the sense of community these new choices offer him: "He's a child of atheist parents, and he's not the only one in the world...