MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- National Oilwell Varco on Thursday said it would buy Grant Prideco for about $7.5 billion in cash and stock. National Oilwell, a leading oil drilling firm, will pay $23.50 in cash and 0.4498 a share of its stock for each share of Grant Prideco. The deal values Grant Prideco at a premium of 22% to Friday's closing price.
MediaPost | Marketing News
[Food] For food marketers, pairing indulgences with everyday products (like a floral-flavored marshmallow, or mix-ins for a peanut butter and jelly sandwich) can open a new niche for product development. And, says a trendologist, "Americans are willing to pay a slight premium for these indulgences, which can lead to higher profit margins."