Lilly ups Icos offer to $34 a share The Indianapolis Star
Eli Lilly and Co. raised its offer to buy Icos Corp., its longtime partner in the impotence drug Cialis, by $2 a share, or 6.3 percent, after shareholders bid up the price and argued Lilly would be paying too little.
Nightmare Before Xmas Hartford Advocate
Alas, we once again find ourselves in the predicament of having a list of gifts to buy with the holiday clock ticking. Steve and Edie are on opposite ends of the spectrum when it comes to shopping, and both have extremely personal plans of attack for purchasing gifts.
Business Briefing Seattle Post-Intelligencer
Costco CEO Sinegal exercises $12 million in stock options 125 Icos employees could keep jobs after sale to Lilly Delta Air Lines creditors support stand-alone plan CVS gets antitrust approval to purchase Caremark RX FedEx says slowing economy, fuel costs will hurt earnings Faster-paced growth in Asia helps boost Nike profit 8% Emissions program to raise cost of flights
Lessons from Icos Seattle Times
Shareholders of Icos, the Seattle area's largest locally owned biotech company, have another few days to think about whether to sell out
Lilly Increases Offer for Icos; Shareholders? Vote Is Put Off New York Times
Eli Lilly raised its offer for the Icos Corporation by 6 percent Monday in advance of a vote on the deal, which two proxy firms were advising against.
Wall Street Breakfast SeekingAlpha via Yahoo! Finance
What you need to know before the open today.
Business briefs Chicago Sun-Times
Sara Lee Corp. named Tom Hansson to head its worldwide strategic planning, effective Jan. 8. Hansson joins Sara Lee from Booz Allen Hamilton, where he was a U.S.-based lead partner in the strategic leadership practice.
Some Soured on Sweetened Bid for Icos RedNova
By Luke Timmerman, Seattle Times Dec. 19--Eli Lilly raised its bid for Icos to $34 a share Monday in a last-minute change of strategy, but a major shareholder who opposed the original $32 price vowed to continue pushing for more.
The BullMarket.com Market Wrap: December 18th, 2006 Indie Research via Yahoo! Finance
A spate of real and potential mergers sparked early buying sentiment on Wall Street, but that bullish feeling ultimately gave way to profit taking as stocks closed lower.
U.S. Stocks Rise on Takeover Offers; Harrah's, Caremark Gain Bloomberg.com
Dec. 18 (Bloomberg) -- U.S. stocks gained as a buyout offer for the world's largest casino company and a battle over Caremark Rx Inc., the second-biggest U.S. drug-benefits manager, raised speculation mergers and acquisitions will extend a rally.

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