Wall Street Breakfast: Must-Know News

Mon, 03/12/2012 - 06:11 EDT - Seeking Alpha

Wall Street Breakfast Editors submit:Asahi Kasei buys Zoll Medical. Japan's Asahi Kasei Corp. agreed to buy Zoll Medical Corp. (ZOLL) for $2.21B, or $93/share, a 24% premium over Zoll's Friday closing price. Asahi Kasei, Japan’s leading diversified chemical manufacturer, sees emerging demand for healthcare as a strategic sector for the company in the future. Youku, Tudou merge. Youku.com (YOKU) will merge with Tudou Holdings (TUDO) in an all-stock swap, creating a major online video provider. Of the combined entity, which will be named Youku Tudou Inc., Youku holders will get 71.5% and Tudou holders get 28.5%. Premarket: YOKU -4.8%, TUDO +127.4% (7:00 ET). India adjusts cotton policy, again. India continues to flip-flop on cotton, saying today it will now prohibit fresh cotton exports and permit only quantities already registered but not shipped. The trade ministry unexpectedly banned all cotton exports on March 5, then lifted the restriction on Sunday. Muted reaction from cotton futures,Complete Story »

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Japan's Asahi Kasei to buy Zoll Medical
Japan's Asahi Kasei Corp. has agreed to buy Zoll Medical Corp, a Massachusetts-based maker of defibrillators and other critical care medical devices, for about $2.1 billion.
Wall Street Breakfast: Must-Know News
Wall Street Breakfast: Must-Know News
Wall Street Breakfast Editors submit:Top StoriesAetna to buy Coventry Health Care in $7.3B deal. Aetna (AET) has agreed to acquire Coventry Health Care (CVH) in a cash and stock deal worth $7.3B, including the as
Wall Street Breakfast: Must-Know News
Wall Street Breakfast Editors submit:Tyco to merge $4.9B Flow Control unit with Pentair. Tyco's (TYC) Flow Control unit will merge with Pentair (PNR), a provider of fluid-processing solutions,
Zoll Medical: One Of The Best Growth Stories Is Gone
By Stephen Simpson:Great growth stories in med-tech really are a "now you see it, now you don't" proposition, as large rivals either whittle away the growth with competition or buy the company outright. The latter proved to be the fate for ZOLL Medical (ZOLL) as this fast-growing med-tech company accepted an all-cash takeover bid. The Deal
Japan's Asahi Kasei buying Zoll Medical
CHELMSFORD, Mass. (AP) -- Japanese chemical manufacturer Asahi Kasei Corp. has agreed to buy Massachusetts-based medical device and software maker Zoll Medical Corp. for about $2.1 billion....
Japan's Asahi Kasei buying Zoll Medical
Japanese chemical manufacturer Asahi Kasei Corp. has agreed to buy Massachusetts-based medical device and software maker Zoll Medical Corp. for about $2.1 billion.
Japan's Asahi Kasei to buy Zoll for $2.2 billion
Japan's Asahi Kasei Corp will buy Zoll Medical Corp for $2.21 billion, or $93 a share, a premium of 24 percent over the medical equipment maker's last closing share price, the two companies said on Monday. ...
Japan's Asahi Kasei to buy Zoll for $2.2 billion
TOKYO (Reuters) - Japan's Asahi Kasei Corp will buy Zoll Medical Corp for $2.21 billion, or $93 a share, a premium of 24 percent over the medical equipment maker's last closing share price, the two companies said on Monday.
Wall Street Breakfast: Must-Know News

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