Quantcast
Saturday, July 31, 2021
blank

AstraZeneca dismisses new Pfizer statement on merger offer

Pfizer continued to make its case for acquiring AstraZeneca, expressing disappointment at the failure of the company to enter into negotiations. “Pfizer wishes to enter into discussions with AstraZeneca regarding a potential combination of the...
blank

Delaware, Maryland governors seek answers on Pfizer merger plan

Governors Martin O’Malley of Maryland and Jack Markell, of Delaware, have sent a letter to Ian Read, chairman and Chief Executive Officer of Pfizer, Inc., expressing concerns about the potential acquisition of AstraZeneca PLC. The...
blank

Massive Texas utility bankruptcy case in Delaware – for now

  One of the largest Chapter 11 cases ever is being handled in Delaware, at least for now. Dallas-based Energy Future Holdings (EFH) late last month announced it entered into an agreement with certain of its...
blank

PBF eyes California refineries as Valero calls them weakest /Bloomberg

PBF Energy made a lot of  money by buying the shuttered Delaware City Refinery from Valero. It may be looking to repeat that winning streak as it takes a look at the Texas company's refineries...
blank

AstraZeneca rejects $106 billion offer by Pfizer

Pfizer's slightly sweetened tax-driven cash and stock offer for AstraZeneca was quickly rejected Friday morning. “The financial and other terms described in the Proposal are inadequate, substantially undervalue AstraZeneca and are not a basis...
blank

PBF reports strong earnings from cheaper rail-delivered crude oil

PBF Energy rode the rails to strong earnings in the first quarter. The owner of the three refineries, including the Delaware City Refinery, posted operating  income of $260 million, compared to $100 million during the same...
blank

Exelon to buy Delmarva owner PEPCO in $6.8 billion deal

 Exelon Corporation and Delmarva Power owner Pepco Holdings Inc. signed a definitive agreement to combine the two companies in an all-cash transaction. Published reports indicated the transaction was valued at $6.8 billion. The agreement, which...
blank

Update: Frontier adds carry on bag fees and cuts base fares

Frontier Airlines  restructured its fares and announced the appointment of  former Spirit Airlines executive   Barry L. Biffle as president. The airline vows to retain  a focus on the customer and low fares while adding  much despised  charges...
blank

Pfizer wants to acquire AstraZeneca; British company says offer not adequate

AstraZeneca issued a statement on Monday morning denying that rival Pfizer has made an adequate  offer to buy the company for a reported $100 billion. Pfizer had requested that the two pharma giants issue a joint...
blank

JP Morgan Chase buying AstraZeneca south campus

Financial services giant JP Morgan Chase is purchasing the a portion of the office complex of AstraZeneca. AstraZeneca confirmed the expected sale on Wednesday morning and issued the following: "AstraZeneca has entered into a Purchase and...