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All TTC subway riders getting cellphone service starting Oct. 3, federal minister says - CBC.ca + MORE Sep 11th
All TTC subway riders getting cellphone service starting Oct. 3, federal minister says CBC.caToronto's Financial Workers Will Finally Be Able to Work on the Subway Financial PostRogers must give BCE, Telus access to wireless network on Toronto's subway system by Oct. 3, ministe.... More »
Canadian marijuana stocks have a serious accounting problem + MORE Jan 24th
(Lars Hagberg/AFP/Getty)
Depending on your point of view, the burgeoning marijuana industry in Canada is either an unprecedented opportunity to rake in huge profits as recreational use becomes legal, or a speculative bubble that will eventually pop. When forensic accountant Al Rosen looks at the sec.... More »
Weekend Reading – Smiling savers, emergency funds, cheap tickets and more + MORE May 20th
Learn, save, invest and prosper with My Own Advisor.
Welcome to my latest Weekend Reading edition. I hope you had a good week…
Earlier this week I told you we reached a milestone when it comes to our emergency fund and I finally got around to deciding what to do with my old car. Let me kno.... More »
Biden to argue 'Republican obstruction' leading to debt default risk as he convenes business leaders and CEOs - CNN Oct 6th
Biden to argue 'Republican obstruction' leading to debt default risk as he convenes business leaders and CEOs CNNBiden pitches investment plans amid deadlock in US Congress Al Jazeera EnglishAs the debt default looms, the White House warns of financial crisis. The Ne.... More »
German police spray anti-migrant protesters, Merkel toughens tone - The Australian Financial Review + MORE Jan 9th
The Australian Financial ReviewGerman police spray anti-migrant protesters, Merkel toughens toneThe Australian Financial ReviewSwiss performance artist Milo Moire holds a sign "Respect us! We are no fair game even when we are naked!!!" as she protests naked in front of Cologne's cathe.... More »
Endo International offers $11.7 billion for fellow drugmaker Salix, seeks to top Valeant’s bid
– canadianbusiness.com
Endo International is trying to lure fellow drugmaker Salix Pharmaceuticals with an offer Endo says is worth 11 per cent more than the $10 billion Salix has agreed to accept from serial acquirer Valeant Pharmaceuticals.
Endo values its cash and stock offer at $175 per Salix share, based on Tuesday’s closing price. Valeant had offered $158 per share in January.
Endo, based in Ireland, says it’s submitted its proposal to the Salix board of directors.
According to Endo, its “superior proposal” worth roughly $11.7 billion would bring shareholders of Raleigh, North Carolina-based Salix a “substantial premium and immediate cash value, as well as the opportunity to participate in the significant upside potential of a global leader in specialty pharmaceuticals.”
Endo said the deal could close in the second quarter this year.
The post Endo International offers $11.7 billion for fellow drugmaker Salix, seeks to top Valeant’s bid appeared first on Canadian Business.
Endo values its cash and stock offer at $175 per Salix share, based on Tuesday’s closing price. Valeant had offered $158 per share in January.
Endo, based in Ireland, says it’s submitted its proposal to the Salix board of directors.
According to Endo, its “superior proposal” worth roughly $11.7 billion would bring shareholders of Raleigh, North Carolina-based Salix a “substantial premium and immediate cash value, as well as the opportunity to participate in the significant upside potential of a global leader in specialty pharmaceuticals.”
Endo said the deal could close in the second quarter this year.
The post Endo International offers $11.7 billion for fellow drugmaker Salix, seeks to top Valeant’s bid appeared first on Canadian Business.
CBC.caJahanzeb Malik accused of plan to blow up US Consulate in TorontoCBC.caA Pakistani man planned to use remote-controlled bombs to blow up the U.S. Consulate and other buildings in Toronto's financial district, authorities said on Wednesday. Jahanzab Malik, 33, was arrested on Monday following a lengthy investigation by …Pakistani man allegedly plotted Toronto attacksToronto SunCanada alleges Pakistani man plotted bombing US consulate in TorontoReuters CanadaPakistani man allegedly plotted bombings in TorontoCANOE680 News -News1130 -Winnipeg Free Pressall 69 news articles »
Canada’s top 35 cities to buy in
– moneysense.ca
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90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
U.S. and Canadian stock market indexes moved higher on Wednesday after Tuesday’s sharp selloff, but fears of a U.S. interest rate hike hung over the market.
