Published August 4, 2008 at 6:20 PM
On, Aug. 4. Smith International Inc's exchange offer for W-H Energy Inc. expires. Smith International Inc. of Houston agreed to acquire crosstown provider W-H Energy Services Inc. for $3.2 billion. Both companies' boards have approved the deal, but W-H Energy shareholders and regulators still must clear it. It should close in the third quarter.
On Aug. 5 Barrick Gold Corp. says it will mail out a circular to Cadence Energy Inc. shareholders. The Toronto-based miner made an unsolicited offer to buy Calgary oil and gas explorer Cadence Energy Inc. for $409 million. The deal depends on receiving acceptances for two-thirds of the shares. On August 5 Whole Foods Market Inc. will report third quarter earnings as a federal appeals court told a lower court to reconsider a previous ruling that
allowed consummation of the acquisition of Wild Oats Markets Inc. for $700 million. On Aug. 5 Cisco Systems lnc. will announce its fourth quarter earnings. There were rumors that Cisco may acquire EMC Corp. last week. Cisco Systems Inc. unveiled a $120 million deal for Pure Networks Inc. last week, while competitor Brocade Communications Systems Inc. bought out rival Foundry Networks Inc. in a $3 billion deal On Aug. 6 Time Warner Inc. will announce earnings. There has been speculation that the company could sell off struggling internet company AOL LLC, which is undergoing cost-cutting moves to improve performance.
©Copyright 2013, The Deal. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster .
Search
