by 21st Century Competition | Jun 16, 2014 | Global Blogs
Hillshire Brands said Monday that its board of directors is looking for the company to abandon its bid to acquire Pinnacle Foods after Tyson Foods won a bidding war to acquire Hillshire last week. Tyson offered an $8.55 billion offer for Hillshire, beating out...
by 21st Century Competition | Jun 16, 2014 | Global Blogs
The Competition Commission of India has reportedly launched in inquiry into the nation’s airfare costs following sharp hikes and dips in prices. The CCI has previously probed plane ticket costs to examine whether cartel behavior is leading to higher prices, but...
by 21st Century Competition | Jun 16, 2014 | Global Blogs
US-based Medtronic has reportedly inked a deal with Ireland-based Covidien, a move that will lead to Medtronic to move its medical device manufacturing operations overseas. Reports say Medtronic will acquire Covidien for $42.9 billion and move its executive base to...
by 21st Century Competition | Jun 16, 2014 | Global Blogs
Italian bank Mediobanca has announced plans to exit investment vehicle Telco, the holding company that owns a 22.4 percent stake in Telecom Italia, reports say. Mediobanca released a statement Monday to announce that it has “exercised its right to request the demerger...
by 21st Century Competition | Jun 16, 2014 | Global Blogs
Former Baseball Hall of Famer and seven-term congressman Jim Bunning is speaking out the recent sale of the Chicago Cubs team as one that exemplifies the harm of baseball’s continued antitrust exemption, according to reports. Bunning, who served two terms as a...
