| ||||||||||||||||||||||
| ||||||||||||||||||||||
Entries tagged "Mars"The Deal Calendar: July 28-Aug. 1, 2008The Deal's Mary Kathleen Flynn of Tech Confidential and Suzanne Stevens of Corporate Dealmaker discuss the dealmaking events for the week of July 28, 2008.... Buffett cashing in on family-owned businesses?Warren Buffett, who is famously known for investing in family-owned American iconic-branded companies, now looks like he may be cashing out by helping to sell family-owned businesses. InBev SA's deal for Anheuser-Bush Cos. will result in a $770 million profit for Berkshire Hathaway Inc., according to The Financial Post.... Buffett's sweet tooth shows in portfolioThe Oracle of Omaha, Warren Buffett, spent the past quarter fine-turning his investments. According to filings, the owner of Berkshire Hathaway Inc. boosted his firm's stakes in Kraft Foods Inc. and Wells Fargo & Co., eliminated its stake in Ameriprise Financial Inc. and has cut its stake in Iron Mountain Inc., from 4.7 million shares to 3.4 million. Of those moves, perhaps the most interesting was Buffet's increased stake in Kraft to 132 million shares. ... Follow the Money: Buffett on the prowlThe Oracle of Omaha knows how to extract a good deal, and he did just that with the Wrigley acquisition. We have details. Big M&A deals abound as markets divergeThe markets were driving in neutral Monday despite the barrage of M&A deals. Some notable transactions included: Mars Inc.'s purchase of William Wrigley Jr. Co. [WWY] , Maguire Properties Inc.'s [MPG] offer to go private and US Airways Group Inc.'s [LCC] and UAL Corp.'s [UAL] reported merger talks. Overall, the Dow finished down 20.11, or 0.16%, to 12,871.75 while the Nasdaq inched up 1.47, or 0.06%, to 2,424.40 ... Just In: Advisers on Mars-WrigleyA host of advisers weighed in on Mars Inc.'s $23 billion deal for Wm. Wrigley Jr. Co. Goldman, Sachs & Co. was financial adviser to Wm. Wrigley in connection with the deal and placement agent for the securities to Berkshire Hathaway Inc. The team included Byron Trott, Adam Taetle, Kelly Rainko, Stefanie Jay, Robbie Robinson, Lauren Polo and Clayton Hanson. William Blair Inc. was also financial adviser to Wrigley and offered a fairness opinion. A Skadden, Arps, Slate, Meagher & Flom LLP team led by William Kunkel that included partners L. Byron Vance, Lynn McGovern, Cliff Aronson, James Venit, Michael... Mars chews up WrigleyMars Inc. will buy gum maker Wm. Wrigley Jr. Co. for nearly $23 billion. This price is 4.3 times Wrigley's 2007 net sales and more than 35 times its 2007 earnings per share, Wrigley said. The deal creates a company with more than $27 billion in sales and upwards of 64,000 associates globally, the target's chairman Bill Wrigley Jr. wrote in an e-mail to employees. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Mars." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| ||||||||||||||||||||||
| ||||||||||||||||||||||
