Two more of our buys — Swift Transportation and Agere Systems — have attracted takeover bids, raising our takeovers to a total of 10 for the year. (Our other 2006 takeovers were Mercury Interactive, ACE Cash Express, Russell Corp., Sico Inc., Vincor International, VFC, Dofasco… Read More
Updating Dofasco Inc., Fairmont Hotels & Resorts, Inc., Toronto-Dominion Bank, Nova Chemicals Corp., Sleeman Breweries Ltd., Nortel Corp. and FPI Ltd.
DOFASCO INC. $71 (Toronto symbol DFS; SI Rating: Average) has accepted a $71.00-a-share takeover offer from Arcelor SA after rival bidder ThyssenKrupp AG decided not to match Arcelor’s offer. However, UK-based Mittal Steel Co. has launched a hostile takeover for Arcelor. Mittal’s bid for Arcelor… Read More