The case of International Paper's hostile offer for forest products company Temple-Inland is a lesson in why you shouldn't just jump on a hot takeover stock. IP offered Temple 45% more than its market value, and got shot down. Investors who hoped to cash in are likely to be stuck with loses.
The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government's largest bank bailouts. But the Treasury says it will hold out for an "acceptable price" for the 2.4 billion shares.
Groupon has turned down Google's acquisition offer of roughly $6 billion. It might be holding out for more money, but columnist Alex Salkever thinks it's more likely to be aiming for a big IPO. Here's why he believes its offering could launch a whole new wave of Internet IPOs.