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Lonza Group will purchase Arch Chemicals Inc (ARJ) for $1.2 billion in cash to produce the global head in the industry of killing fungi and bacteria.On July 8, Lonza said in an e-mail statement the company plans to pay $47.30 a share, 12 percent more than the closing price for Arch Chemicals. Shares of Arch increased 11 percent on July 8.The purchase of the company has a "strong strategic rationale" since it permits both companies complementary dealings and increases the sales of Lonza in up-and-coming markets, according to Peter Welfotd, an analyst with Jeffries International Ltd in London.
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Video Length: 0
Date Found: July 12, 2011
Date Produced: July 12, 2011
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 Voxant Newsroom |
July 16, 2011
Activist Investor Carl Icahn disclosed that on July 14, he sent a letter to Donald Knauss, CEO of Clorox (NYSE:CLX) with a proposal to acquire all of the issued and outstanding shares not owned for $76.50 per share net in cash. Icahn also disclosed that his affiliates have obtained a highly ...
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 Voxant Newsroom |
July 16, 2011
tonight we get reaction from the firefighters union and the mayor to public safety director darren white’s abrupt retirement today. white was dogged by questions all week about a minor crash his wife was in---and why he drove her to the hospital instead of waiting for an ambulance. eddie garcia ...
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 Voxant Newsroom |
July 16, 2011
Good Morning. It’s Friday, July 15, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets mixed, while the European markets are down. News Corp. (NASDAQ:NWSA) announced the appointment of Tom Mockridge as CEO of News International effective immediately following the ...
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 Voxant Newsroom |
July 16, 2011
This is what’s in the news for Friday, July 15th. The Wall Street Journal reports that Credit Suisse Group (NYSE:CS) is the target of a U.S. Justice Department investigation into hidden Swiss offshore accounts for wealthy Americans. The Wall Street Journal reports that the Obama Administration ...
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 Voxant Newsroom |
July 15, 2011
Busy schedules shouldn’t mean a scarce social life. Teri Gault from thegrocerygame.com gives you tips on how to prep your home to be "magazine-ready" even within the shortest of time frames.
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