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Issue:

Business

 

Written by:

Richard D

 

Date added:

March 8, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 804

 

Was viewed:

580 times

 

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Essay content:

The case is being watched for any implications it could have on the company's plans to spin off its 88% stake in Kraft Foods, which was flat at 34.25. The timing of the spin off hasn't yet been announced. However, some suspect Altria's board is waiting on litigation before going ahead with its corporate restructuring plans...
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The LSE has been looking at ways it can defend itself from a widely expected bid from NASDAQ Stock Market Inc.. As of Oct. 2, Nasdaq will be free under United Kingdom takeover rules to bid for the rest of the London Stock Exchange it doesn't own, following its acquisition of a 25.3% stake earlier this year...
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