No Pop For Corn Products After Announcing Takeover
No Pop For Corn Products After Announcing Takeover.
Corn Products International announced today that it has entered into a definitive agreement to acquire National Starch for $1.3 billion in cash from AkzoNobel, the largest global coatings and specialty chemicals company, headquartered in The Netherlands.
Shares of Corn Products are down 11.75%.
Article Controls
email
print
reprint
newsletter
comments
share
del.icio.us
Digg It!
yahoo
Facebook
Twitter
Reddit
rss
Global Payments
(
GPN -
news
-
people
) was notified by CIBC that CIBC would not renew the Visa sponsorship agreement with the company, and as a result, the agreement will terminate at the end of its ten year term in March 2011.
Global Payments has already filed an application with Canadian regulatory authorities for the formation of a loan company in Canada to enable the Company to directly process Visa transactions in Canada beginning in March 2011.
Shares of Global Payments are down almost 9%.
Ralcorp Holdings
(
RAH -
news
-
people
) will acquire all of the outstanding shares of American Italian Pasta Company
(
AIPC -
news
-
people
) common stock for $53.00 per share in cash, for a total purchase price of approximately $1.2 billion, net of cash acquired.
Read All Comments
Ralcorp is trading down 7.5% on the news.
Market News Video produces and distributes online videos about stocks and investing.
Blue Chip Analyst Andrew JeffreyBetting On Emerging Markets
In Pictures: World's Ultra-Exclusive Destination Wedding SpotsToymakers Expect A Stable 2010
keys: