Regulators to keep close eye on PepsiCo after deal

Article Abstract:

PepsiCo's proposed acquisition of Quaker Oats Inc is expected to receive close scrutiny from antitrust regulators. Under the deal, PepsiCo will offer 2.3 of its shares for each share of Quaker which is valued at $97.46 at closing on Dec 1, 2000. The deal also requires PepsiCo to assume approximately $761 million in debt. Once the deal is terminated for a better offer from a third party, PepsiCo would receive a break-up fee of $420 million.

Soft Drink Manufacturing, Breakfast Cereal Manufacturing, Canned & Bottled Soft Drinks, Rolled Oats & Oatmeal, Oatmeal, Quaker Oats Inc.

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SBC looking to seal deal with Telia for $6B

Article Abstract:

SBC Communications Inc is selling its 42% stake in Tele Danmark A/S to Swedish state-owned Telia AB for more than $6 billion worth of stock and cash. Tele Danmark is Denmark's leading local and long-distance service provider. The sale is part of SBC's plan to focus on growth opportunities in the US and Latin America. The negotiations come after a failed joint bid by SBC and Tele Danmark to takeover Norway-based Netcom.

Denmark, AT&T Inc., Tele Danmark A/S

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Comcast goes after AT&T cable

Article Abstract:

Comcast has made a $44.5 billion all-stock offer to cable rival AT and T Corp. The deal would create a cable giant with more than 22 million subscribers.

Cable Television Systems, Cable Networks, Telephone communications, exc. radio, Cable and other pay TV services, T, Cable television broadcasting industry, Cable television, Telephone services, AT and T Corp., Comcast Cable Communications Inc.

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