Filed under: Dell (DELL), Hewlett-Packard (HPQ), Intel (INTC), Deere and Co (DE), Comfort Zone Investing
M & A. That's mergers and acquisitions. They're all over the financial pages. Intel (INTC) is buying Infineon's wireless division for $1.4 billion so the chip manufacturer can diversify beyond computers. HP (HPQ) or Dell (DELL) will end up with 3PAR, a cloud-computing company, at a cost of $2 billion or more. Carl Icahn, the billionaire financier, is making a hostile tender bid for Lions Gate (LGF), the film and television producer. 3M (MMM) is buying Attenti Holdings, an Israeli maker of remote monitoring technology used to track people, for $230 million. Exelon (EXC) is picking up a division of Deere (DE), a renewable energy unit, for about $900 million so it can enter the wind-power segment. Sanofi-Aventis (SNYNF) is trying to buy Genzyme (GENZ) but the board won't accept the bid of $18.5 billion. The board is open to better numbers. There are many more.
Is all this good for investors? Or is there some bad in there?
Continue reading Comfort Zone Investing: M&A: Good News ... or Bad?
Comfort Zone Investing: M&A: Good News ... or Bad? originally appeared on BloggingStocks on Sat, 04 Sep 2010 10:30:00 EST. Please see our terms for use of feeds.
Permalink | Email this | CommentsHewlett-Packard - Dell - Carl Icahn - Intel Corporation - Mergers and acquisitions
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