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Latest Maytag Corp. Stories

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2009-03-10 11:15:00

Health Canada says the Maytag Corp. is recalling various brands of side-by-side and top freezer refrigerators due to a possible fire hazard. The federal agency said an electrical failure in the component that turns on the refrigerator's compressor can cause overheating and pose a serious fire danger. Officials said two incidents have been reported in Canada. Outside Canada, Maytag has received 41 reports of refrigerator relay ignition, including 16 reports of property damage ranging from...

2005-07-18 13:33:15

By Karen Jacobs ATLANTA (Reuters) - Appliance maker Maytag Corp. on Monday said it would weigh a higher, unsolicited takeover offer from its larger rival Whirlpool Corp. , even though it had agreed to be acquired by a group led by Ripplewood Holdings LLC. Maytag's shares soared more than 13 percent, or $2.08, to $17.53 in afternoon New York Stock Exchange trading, while Whirlpool gained nearly 5 percent. Whirlpool on Sunday offered to buy Maytag, the maker of Hoover vacuum cleaners and...

2005-07-18 07:38:20

PHILADELPHIA (Reuters) - Household appliance-maker Maytag Corp. , which had agreed to be acquired by a buyout group led by Ripplewood Holdings LLC, said it would weigh an unsolicited takeover offer from Whirlpool Corp. . Whirlpool on Sunday offered to buy Maytag, the maker of Hoover vacuum cleaners and Amana appliances, for $1.3 billion, topping the $1.125 billion pact with private equity firm Ripplewood. Whirlpool marks the third suitor for Maytag, which also has held talks in recent...

2005-07-18 04:10:56

By Karen Jacobs ATLANTA (Reuters) - U.S. appliance maker Whirlpool Corp. on Sunday proposed to buy smaller rival Maytag Corp. for more than $1.3 billion, topping an existing buyout offer for the maker of Hoover vacuums and possibly sparking a bidding war. The Whirlpool offer of $17 a share beats a $14-a-share bid by an investor group led by New York private equity firm Ripplewood Holdings and represents a 10 percent premium over Maytag's closing stock price of $15.45 on Friday. The...

2005-07-17 22:35:24

By Karen Jacobs ATLANTA (Reuters) - U.S. appliance maker Whirlpool Corp. on Sunday proposed to buy smaller rival Maytag Corp. for more than $1.3 billion, topping an existing buyout offer for the maker of Hoover vacuums and possibly sparking a bidding war. The Whirlpool offer of $17 a share beats a $14 a share bid by an investor group led by New York private equity firm Ripplewood Holdings. The offer represents a 10 percent premium over Maytag's closing stock price of $15.45 on Friday....


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
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