Media Digest 6/26/2006
Stocks: (MT)(MSFT)(CSCO)(MOT)(HPQ)(PD)(FAL)(N)(PFE)(JNJ)(UVN)(TV)
(JNY)(T)(SNY)
Reuters reports that the tow largest steel makers have merged bring together Mittal and Arcelor.
Reuters also reports that Microsoft has announced hardware partners to support its software to improve how workers communicate with one another. This inclues e-mail, instant messaging and web telephone service. The partners include HP and Motorola. The new software which will be available with Office 2007 will compete with certain products from Cisco.
The New York Times reports that Phelps Dodge will acquire nickle makers Falconbridge and Inco.
The NYT also reports that Johnson & Johnson is close to a deal to acquire the consumer businesses of Pfizer for $16 billion.
The New York Times writes that a deal to buy Univision is in doubt because a bid lead by television company Telvisa may be too low.
The Wall Street Journal reports that Bain Capital is close to acquiring Jone Apparel. The company has a market cap of over $3.5 billion.
The WSJ also reports that online photo sharing site Shutterfly may do an IPO worth between $400 and $500 million.
Cisco and AT&T are leading an investment group that will invest $15.5 million in Akimbo, a company that channels internet TV to television set. The deal reflects the rising interest in TV over the internet.
The New York Times reports that Bristol-Myers and Sanofi has agreed to shorten the patent protection window on the drug Plavix after another deal was rejected by state attorneys general. The deal would keep generic competitors off the market until June 2011.
Douglas A. McIntyre
(JNY)(T)(SNY)
Reuters reports that the tow largest steel makers have merged bring together Mittal and Arcelor.
Reuters also reports that Microsoft has announced hardware partners to support its software to improve how workers communicate with one another. This inclues e-mail, instant messaging and web telephone service. The partners include HP and Motorola. The new software which will be available with Office 2007 will compete with certain products from Cisco.
The New York Times reports that Phelps Dodge will acquire nickle makers Falconbridge and Inco.
The NYT also reports that Johnson & Johnson is close to a deal to acquire the consumer businesses of Pfizer for $16 billion.
The New York Times writes that a deal to buy Univision is in doubt because a bid lead by television company Telvisa may be too low.
The Wall Street Journal reports that Bain Capital is close to acquiring Jone Apparel. The company has a market cap of over $3.5 billion.
The WSJ also reports that online photo sharing site Shutterfly may do an IPO worth between $400 and $500 million.
Cisco and AT&T are leading an investment group that will invest $15.5 million in Akimbo, a company that channels internet TV to television set. The deal reflects the rising interest in TV over the internet.
The New York Times reports that Bristol-Myers and Sanofi has agreed to shorten the patent protection window on the drug Plavix after another deal was rejected by state attorneys general. The deal would keep generic competitors off the market until June 2011.
Douglas A. McIntyre
posted by douglas mcintyre at 4:46 AM
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