US-based diversified holding company HC2 Holdings has made an offer to buy agricultural company Andersons for $1bn in cash. The offer, which was made through a letter, valued Andersons' shares at $37 per share, a 43% premium on closing ...
Tags: HC2 Holdings, ethanol, rail sectors
A subcommittee in the U.S. House of Representatives will hear testimony on Friday about whether the FCC followed its own rules when it gave LightSquared conditional approval for an LTE network early last year. LightSquared wants to build ...
US based private equity firm Apollo Global Management (APO) is said to be ahead of its rivals Philip Falcone's Harbinger Group in bidding race to purchase Aviva US life insurance and annuities unit. Sources familiar with the development ...
Tags: Apollo Global Management, Philip Falcone, bidding race