Dofasco shares climb to a 52-week high on speculation of a deal

Article Abstract:

The speculation that Canadian steelmaker Dofasco Inc is being acquired by Bethlehem Steel Inc has pushed up its stock price to a 52-week high of C$28.30. However, the rumor was dismissed by industry analysts because Bethlehem is a smaller company with a market capitalization of $989 million, compared to Dofasco's C$2.4 billion. In addition, Bethlehem is a unionized company while Dofasco is not, a selling point for non-unionized acquisitors.

Asset sales & divestitures, Acquisitions & mergers, Primary Iron & Steel, Iron and Steel Mills and Ferroalloy Manufacturing, Dofasco Inc.

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Oracle Corporation Canada Inc

Article Abstract:

Oracle Corporation Canada of Mississauga, Ontario, has appointed William Bergen as its President. Bergen, the former VP of the company's Western Region, will be responsible for the licencing business and day-to-day operations. Other appointments at Oracle, the biggest supplier of information software in the world, include Linda Whelan as VP of Communications and Media Industry and Paul Maurer as VP for the Western Region.

Software Publishers, Executive changes & profiles, Computer Software

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