Bid & Ask

Bid & Ask: The Deals of the Week

By on August 09, 2012

Bid & Ask

Bid & Ask: The Deals of the Week

Companies Mentioned

  • BBY

    Best Buy Co Inc

    • $28.06 USD
    • 0.65
    • 2.32%
  • TSM

    Taiwan Semiconductor Manufacturing Co Ltd

    • $18.43 USD
    • 0.31
    • 1.68%
  • ASML

    ASML Holding NV

    • $80.35 USD
    • 1.08
    • 1.34%
  • DSM

    Koninklijke DSM NV

    • $51.05 EUR
    • 0.11
    • 0.22%
  • SLR

    Silver Lake Resources Ltd

    • $0.83 AUD
    • -0.03
    • -3.01%
  • AMTD

    TD Ameritrade Holding Corp

    • $23.96 USD
    • -0.04
    • -0.17%
  • KCG

    Knight Capital Group Inc

    • $3.66 USD
    • 0.03
    • 0.82%
  • DF

    Dean Foods Co

    • $10.52 USD
    • 0.21
    • 2.0%
  • TWX

    Time Warner Inc

    • $58.89 USD
    • 0.95
    • 1.61%
Market data is delayed at least 15 minutes.

1. Best Buy (BBY) founder Richard Schulze floated a plan to take the ailing electronics retailer private for $24 to $26 a share, an offer which values the chain at up to $9.5 billion, including net debt.

2. Taiwan Semiconductor Manufacturing (TSM) is investing $1.4 billion in ASML Holding (ASML), Europe’s largest chip-equipment maker, underscoring an industry trend toward supply-chain integration.

3. The world’s No. 1 vitamin maker, Royal DSM (DSM) of the Netherlands, will acquire Tortuga of Brazil for $576 million to bolster its animal-nutrition business.

4. Perth-based Silver Lake Resources (SLR) bid $450 million to buy fellow Australian gold-mining company Integra Mining (IGR).

5. A $400 million capital infusion from a group of investors including TD Ameritrade Holding (AMTD) and the Jefferies Group (JEF) saved market maker Knight Capital Group (KCG) from collapse after a computer glitch blew a hole in its balance sheet.

6. The maker of Silk almond milk, WhiteWave Foods, owned by Dean Foods (DF), filed to raise $300 million in a U.S. initial public offering.

7. In a bid to bolster its online sports coverage, Time Warner’s (TWX) Turner Broadcasting System division bought the Bleacher Report website for less than $200 million.

8. Bloomin’ Brands (BLMN), owner of the Outback Steakhouse restaurant chain, raised $176 million in its U.S. IPO, pricing shares below the proposed range.

9. Paulson & Co., the hedge fund run by John Paulson, paid $17 million for 875 acres in a resort community near Las Vegas, says a person familiar with the deal. Paulson will likely build homes on the raw land, then resell the properties.

10. The Heuer wristwatch worn by Steve McQueen for his role as an American racecar driver in the 1971 film Le Mans sold for $799,500, more than double a pre-auction estimate of $300,000.

Paulson: Rick Maiman/Bloomberg; Best Buy: David Paul Morris/Bloomberg; Gold: Steven Puetzer/Getty Images; McQueen: CBS/Getty Images
Winter is a reporter for Bloomberg Businessweek in New York.
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