Tyco agrees to buy AMP for $11.3 billion

Article Abstract:

Tyco International will acquire AMP Inc. saving the electrical connector manufacturer from a hostile takeover by Allied Signal. The stock offer valued at $11.3 billion outbid Allied's $9.7 billion offer. Cost savings and predicted profitability by the parties involved are not shared entirely by analysts. Tyco's biggest business is security systems which includes ADT alarms. If the stock deal doesn't go through, Allied Signal claims it might still be interested in renewing its unwanted offer.

Acquisitions & mergers, Electronic Connector Manufacturing, Electronic connectors, TYC, Electronic equipment and supplies, Electronic equipment, AMP Inc., AMP, Tyco International Inc.

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Anne Klein said to be for sale, with its name as biggest draw

Article Abstract:

Sportswear maker Anne Klein & Co. is up for sale and has several possible suitors even though the company has been losing money for several years. Two reasons for this are said to be its name recognition and its licensing business. Estimates for its purchase price range from $50 million to $100 million. Two new designers from Emanuel are vested with reviving the whole line. New ads are being well received.

Women's and Misses' Outerwear, Women's Outerwear, Women's and Girls' Cut and Sew Other Outerwear Manufacturing, Clothing industry, Women's clothing, Anne Klein and Co.

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