Canada's broadcast regulator has rejected a bid by Bell to acquire Astral Media. The announcment was made after the stock market closed in Toronto. The CRTC says the 3.4-billion dollar deal would've been bad for Canadians, adding it would have placed significant market power in the hands of one of the country's largest media companies. Lindsey … [Read more...]
Western Wind shares soar on takeover bid
October 11, 2011 by
VANCOUVER - Western Wind Energy Corp. (TSXV:WND) shares soared nearly 60 per cent Tuesday after the company said it has received a "low-ball" $ 131.5 million takeover bid from Algonquin Power and Utilities (TSX:AQN),After an early trading halt, Western stock jumped 77 cents to close at $ 2.10 in trading of 1.9 million shares on the junior TSX … [Read more...]
Heatherdale nears takeover deal with Niblack
October 5, 2011 by
VANCOUVER - Heatherdale Resources Ltd. (TSXV:HTR) has a preliminary agreement to acquire Niblack Mineral Development Inc. (TSXV:NIB) in exchange for roughly 18 million common shares, worth about $ 5.6 million when the deal was announced. … [Read more...]
