Archive for March, 2010

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CF Industries’ bid for Terra won’t be challenged by Canada

Wednesday, March 31st, 2010
(AP) — CF Industries said Wednesday that Canadian regulators do not intend to challenge its $4.7 billion takeover of Terra Industries, a deal that would create one of the world's biggest fertilizer companies. On March 12, CF and Terra signed a deal that would give Terra stockholders $37.15 in ...

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Solo Cup to buy InnoWare container company

Wednesday, March 31st, 2010
(AP) — Manufacturer Solo Cup Co. is buying take-out container maker InnoWare Plastic Inc. for $24 million in cash. The privately held company said Wednesday it will buy the unit of disposable foodservice products maker InnoWare LLC, which is owned by Norwest Equity Partners. Solo Cup CEO ...

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Tanker bid deadline will be extended for EADS bid: Pentagon

Wednesday, March 31st, 2010
(AP) — The deadline for bids on a $35 billion contract for refueling jets will be extended by 60 days so the European maker of Airbus can compete, the Pentagon said Wednesday. Pentagon press secretary Geoff Morrell said the military still plans to award the contract this fall. The decision ...

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Tribune Co. wants another month to file reorganization plan

Wednesday, March 31st, 2010
(Crain's) — Tribune Co., the publisher of the Chicago Tribune and Los Angeles Times, is seeking to extend to April 30 the period during which it has the exclusive right to file a bankruptcy plan. Bankruptcy Judge Kevin Carey in Delaware had previously demanded the plan be filed in court by ...

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Apple’s North Ave. site finds buyer for $10.5M

Wednesday, March 31st, 2010
(Crain’s) — A wealthy Mexican investor on Thursday purchased the site of the Apple Inc. store at North and Clybourn avenues for $10.5 million, adding a spark of life to an otherwise moribund investment market for retail properties. The investor, whose identity could not be determined, was ...

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