Gannett Ups Bid For Takeover Of Tribune PublishingUSA Today owner Gannett has boosted its takeover bid for Tribune Publishing Co. by about 22 percent one week after the owner of the Los Angeles Times, Chicago Tribune and other newspapers adopted a "poison pill" plan to thwart the unsolicited offer.
Gannett Tells Tribune Shareholders Not To Vote For BoardGannett, the publisher of USA Today and other newspapers, said Monday that withholding a vote at Tribune's annual meeting next month will send a message to the management team that it needs to engage in takeover talks.
AbbVie To Buy Leukemia Drugmaker Pharmacyclics For $21BAbbVie -- based in North Chicago -- said late Wednesday that it will pay $261.25 a share for Pharmacyclics, which makes Imbruvica, a drug approved to treat three different types of blood cancers. That represents a premium of about 21 percent to the closing price of Pharmacyclics shares on Tuesday.
Pfizer Buying Lake Forest-Based Hospira For $15 BillionPfizer is buying Hospira for approximately $15.23 billion, saying it is a good fit with its global established pharmaceutical business. Hospira Inc., based in Lake Forest, Illinois, is a provider of injectable drugs and infusion technologies.
'Takeover' Bandit Robs Wicker Park BankThe suspect, who displayed a black pistol, robbed the North Community Bank branch at 1555 N. Damen Ave. about 10 a.m. Friday.
LA Fitness Takes Over All Chicago Area Bally's GymsIf you were a member of any of the 23 Chicago area Bally Total Fitness clubs, your membership has been transferred over to LA Fitness as the gyms change hands.
Feds Take Over Company With Ties To Daley's SonThe federal government has taken over a company with ties to the son of retired Mayor Richard M. Daley.