FRANKFURT (Reuters) – China’s Huawei, one of the world’s largest telecoms network infrastructure providers, is not planning any large takeovers because it would be unable to integrate them, Deputy Chairman Guo Ping was reported as saying in German paper Welt a... More »
BEIJING (Reuters) – The online payment affiliate of dominant Chinese e-commerce company Alibaba Group is taking control of Tianhong Asset Management Co to accelerate its push into online financial services. Tianhong shareholder Inner Mongolia Junzheng Energy &... More »
(Reuters) – Cable company Time Warner Cable Inc agreed to buy U.S. fiber optic network provider DukeNet Communications for $600 million in cash in a deal that will boost the cable company’s business services unit. DukeNet is a regional fiber optic network in N... More »
TOKYO (Reuters) – Sharp Corp is set to raise 119 billion yen ($1.23 billion) in a public share offering, 20 percent less than targeted after concerns about competition for its display and solar panel businesses drove down its shares ahead of the issue. The sho... More »
NEW YORK/SAN FRANCISCO (Reuters) – BlackBerry Ltd, on the block as its smartphone business struggles, is in talks with Cisco Systems, Google Inc and SAP about selling them all or parts of itself, several sources close to the matter said. Such a deal would be a... More »
NEW YORK (Reuters) – A shareholder of BlackBerry Ltd sued the company and its executives on Friday, accusing them of inflating the stock price by painting a misleadingly rosy picture of the business prospects of its BlackBerry 10 smartphone line. Waterloo, Ont... More »
SAN FRANCISCO/NEW YORK (Reuters) – Avaya Inc’s private equity owners explored selling the telecommunications equipment company earlier this year, instead of taking it public, and had talks with Oracle Corp, three people familiar with the matter said this week.... More »
(Reuters) – Twitter’s acquisition offer for MoPub, a mobile advertising exchange, will not be challenged by antitrust regulators ahead of the microblogging service’s initial public offering, according to the Federal Trade Commission. Twitter announced on Septe... More »
(Reuters) – La Quinta Inns & Suites has attracted interest from a number of potential suitors that could value the Blackstone Group LP -owned budget hotel chain at as much as $4.5 billion, three sources with knowledge of the matter said this week. Firms that a... More »
NEW YORK/TOKYO (Reuters) – SoftBank Corp’s bid to revive U.S. wireless operator Sprint Corp could take as long as two years, the Japanese telecoms group’s founder said on Monday, dampening investor hopes of a quick turnaround. SoftBank founder Masayoshi Son – ... More »
NEW YORK (Reuters) – Twitter Inc plans to make its IPO filing public this week, news website Quartz reported on Sunday, citing a person familiar with the social media network’s plan. Twitter, which is expected to be valued at up to $15 billion, filed with U.S.... More »
TORONTO (Reuters) – Months before Fairfax Financial Holdings Inc bid $4.7 billion for BlackBerry Ltd, Fairfax boss Prem Watsa played a role in securing a golden parachute worth as much as $55 million for the smartphone maker’s chief executive, according to com... More »
DETROIT (Reuters) – Ford Motor Co has bought a five-year-old software company for less than $10 million in a move the No. 2 U.S. automaker hopes will beef up its in-car connectivity that is critical to winning over younger, more affluent buyers. The acquisitio... More »
TOKYO (Reuters) – Applied Materials Inc’s (AMAT.O ) $10 billion acquisition of Tokyo Electron Ltd (8035.T ) is more than just a milestone foreign takeover in Japan – it’s a rare forward-looking deal in a country where selling to an overseas rival is usually a ... More »
MADRID (Reuters) – Broker UBS said on Thursday it had placed the 12 percent stake in Spanish insurer Mapfre (MAP.MC ) held by the country’s largest state-rescued lender Bankia (BKIA.MC ) for 2.647 euros ($3.6) per share for a total of almost 1 billion euros. T... More »
BRUSSELS (Reuters) – EU regulators will liaise with U.S. counterparts in their assessment of the proposed $35 billion merger between global ad agencies Publicis (PUBP.PA ) and Omnicom (OMC.N ), the European Commission’s antitrust chief said on Wednesday. The c... More »
TORONTO (Reuters) – Fairfax Financial Holdings Ltd Chief Executive Prem Watsa said on Wednesday he is confident the consortium he leads can find the money to fund its $4.7 billion bid for smartphone maker BlackBerry Ltd. “We wouldn’t put our name to such a hig... More »
TORONTO/NEW YORK (Reuters) – Shares in BlackBerry Ltd fell more than 6 percent on Wednesday on doubts about a $4.7 billion bid to take the smartphone maker private, and after a big U.S. carrier said it would stop stocking BlackBerry smartphones in its stores. ... More »
DETROIT (Reuters) – Chrysler Group LLC was forced to file paperwork for an IPO by its second-biggest shareholder on Monday, escalating a spat with main owner Fiat SpA (FIA.MI ) which said it could scale back its commitment to the U.S. automaker. Fiat, which ow... More »
TORONTO (Reuters) – Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the on-the-go email pioneer to regroup away from public scrutiny after years of falling fortunes and slumping market share.... More »
BRUSSELS/SINGAPORE (Reuters) – The European Union and Singapore have finalized the details of one of the world’s most comprehensive free trade agreements, a pact the EU sees as a stepping stone towards a wider deal with booming economies in Southeast Asia. The... More »
HONG KONG (Reuters) – A recent shouting match between senior bankers involved in Hong Kong’s second-largest IPO so far this year illustrates the competitive squeeze on banks from Chinese companies offering incentives ahead of lucrative initial public offerings... More »
SAN FRANCISCO (Reuters) – A U.S. court has handed down a preliminary decision to halt the closing of Vivendi SA’s $8.2 billion deal to sell most of its stake in Activision Blizzard Inc back to the U.S. company, the games publisher said on Wednesday. Last week,... More »
NEW YORK (Reuters) – AT&T Inc is planning to announce on Wednesday that it will expand its Latin American reach for business customers through a collaboration with Mexican billionaire Carlos Slim’s America Movil. AT&T will be able to do business in 15 countrie... More »
SEOUL/MILAN (Reuters) – South Korea’s E-Land Group has denied a press report it was interested in buying into Italian fashion house Versace, which is planning to sell a stake to fund growth. The privately owned retailing group was named by Italian weekly Il Mo... More »
PARIS/LONDON (Reuters) – Repurchasing L’Oreal’s 9 percent stake in Sanofi might make sense for the French drugmaker if the $12 billion holding is put up for sale, Sanofi’s chief executive said on Friday. Chris Viehbacher told an investor conference the group h... More »
TURIN, Italy (Reuters) – Fiat SpA (FIA.MI ) Chief Executive Sergio Marchionne said he did not think the Italian carmaker was getting any closer to an agreement to buy the remaining stake in its U.S. unit Chrysler. Marchionne already manages Fiat and Chrysler a... More »
PARIS/LONDON (Reuters) – Repurchasing L’Oreal’s (OREP.PA ) 9 percent stake in Sanofi (SASY.PA ) might make sense for the French drugmaker if the $12 billion holding is put up for sale, Sanofi’s chief executive said on Friday. Chris Viehbacher told an investor ... More »
FRANKFURT (Reuters) – Germany’s Rhoen-Klinikum is to sell most of its hospitals to rival Fresenius SE for 3.07 billion euros ($4.1 billion), in an attempt by Rhoen’s founder, Eugen Muench, to outflank opponents to an outright sale of the company. The sale come... More »
TOKYO (Reuters) – KKR & Co LP is considering teaming up with a state-backed Japanese investment fund to secure a stake in Panasonic Corp’s healthcare business, media reported, although people familiar with the matter said the U.S. firm has not approached the f... More »
SAN FRANCISCO/NEW YORK (Reuters) – Twitter Inc has filed for an initial public offering with U.S. regulators, the company said on Thursday, taking the first step toward what would be Silicon Valley’s most anticipated debut since Facebook Inc’s last year. The i... More »
(Reuters) – Blackstone Group LP is hoping the stock market will value Hilton Worldwide Inc at around $30 billion, including debt, a source familiar with the situation said, as the private equity firm filed papers on Thursday to take the U.S. hotel operator pub... More »
(Reuters) – Jeff Bezos, the soon-to-be owner of The Washington Post, does not plan to cut his way to profitability and says the only path to success is growth, according to an account in the Washington Post on Wednesday. The Amazon.com chief executive is visit... More »
LONDON (Reuters) – Japan’s Suntory Beverage & Food Ltd is to buy GlaxoSmithKline Plc’s Lucozade and Ribena brands for 1.35 billion pounds ($2.11 billion) to broaden its soft drinks portfolio and help it expand into new markets. The acquisition, announced by th... More »
FRANKFURT (Reuters) – Vodafone may fail to reach the 75 percent threshold of acceptances from shareholders needed to clinch Germany’s largest cable operator Kabel Deutschland, the Financial Times said on Monday. “Some of Kabel Deutschland’s shareholders believ... More »
NEW YORK (Reuters) – Verizon Communications Inc has been sued by a shareholder seeking to void its $130 billion buyout of Vodafone Group Plc’s stake in the companies’ wireless joint venture on the grounds the price is too high. In a lawsuit filed in a New York... More »
SAN FRANCISCO (Reuters) – LinkedIn Corp said on Tuesday it will sell an additional $1 billion of its Class A common stock as the Internet company moves to bolster product development and perhaps make more acquisitions. LinkedIn shares, which have more than dou... More »
HONG KONG (Reuters) – Bank of America Corp (BAC.N ) launched on Tuesday an up to $1.5 billion share offering in China Construction Bank Corp (601939.SS )(CCB), exiting an eight-year investment in China’s second-biggest lender in a bid to shore up its own balan... More »
HELSINKI/SEATTLE (Reuters) – Two years after hitching its fate to Microsoft’s Windows Phone software, Nokia collapsed into the arms of the U.S. software giant on Tuesday, agreeing to sell its main handset business for 5.44 billion euros ($7.2 billion). Nokia, ... More »
LONDON/SAN DIEGO (Reuters) – Verizon Communications agreed on Monday to pay $130 billion to buy Vodafone Group out of its U.S. wireless business, signing history’s third largest corporate deal announcement to bring an end to an often tense 14-year marriage. Th... More »
LONDON (Reuters) – Verizon Communications was poised on Monday to take full control of its U.S. wireless business with a $130 billion deal to buy out Vodafone and end a decade-long corporate stand-off. The British firm said late on Sunday it was in advanced ta... More »
NEW YORK/LONDON (Reuters) – Verizon Communications and Vodafone plan to announce a $130 billion deal on Monday that will give the U.S. telecom giant complete control of Verizon Wireless, subject to final board approval, people familiar with the matter said. Vo... More »
LONDON/PARIS (Reuters) – Vodafone’s exit from the United States in a $130 billion deal expected to be sealed on Monday will give it a war chest to make acquisitions even after it rewards its shareholders. The board of Verizon Communication will meet on Monday ... More »
NEW YORK (Reuters) – The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt, to give the U.S. telecom giant complete ownership of Verizon Wireless, people famili... More »
(Reuters) – Verizon Communications is near a $130 billion deal to buy out the 45 percent stake in Verizon Wireless it does not already own from Vodafone Group Plc and plans to raise about $65 billion to fund the purchase, people familiar with the matter said o... More »
LONDON (Reuters) – Top investors in Vodafone Group (VOD.L ) are set to clash over what the company should do with perhaps as much as $130 billion in proceeds from the sale of its stake in Verizon Wireless, which is expected to be announced imminently. Vodafone... More »
WASHINGTON (Reuters) – The Pentagon has opened a criminal investigation of an Army aviation unit that awarded tens of millions of dollars worth of contracts to Russian and U.S. firms for maintenance and overhaul of Russian-made helicopters, according to people... More »
LONDON/NEW YORK (Reuters) – Verizon Communications is close to buying the remaining stake in Verizon Wireless from Vodafone Group PLC it does not own for potentially $130 billion, according to people familiar with the talks, in what could be the third-biggest ... More »
SAN FRANCISCO (Reuters) – Microsoft Corp is in talks with social networking company Foursquare about a possible investment, Bloomberg reported on Thursday. The talks are at an advanced stage, but Foursquare is also talking to other potential partners, the repo... More »
AMSTERDAM/MADRID (Reuters) – Telefonica has raised its bid for KPN’s German arm by 6 percent to 8.55 billion euros ($11.5 billion), winning over top KPN investor America Movil and setting the stage for consolidation in Europe’s largest mobile market. Mexican b... More »
BRUSSELS (Reuters) – Mexican telecoms group America Movil said it has put in place financing to buy the rest of Dutch group KPN even though its offer may be too late to influence the sale of KPN’s German unit in October. The Mexican group controlled by billion... More »
LONDON (Reuters) – British state-backed lender Lloyds Banking Group (LLOY.L ) has sold German life insurer Heidelberger Leben to a joint venture between private equity group Cinven and Hannover Re for around 300 million euros ($400 million). The deal, which he... More »
(Reuters) – Ally Financial Inc will sell $1 billion of unlisted shares to investors and repay taxpayers nearly $6 billion taking a big step closer to exiting U.S. government control. With the transactions, Ally will have repaid the Treasury about $12.1 billion... More »
STOCKHOLM (Reuters) – Swedish engineering group Atlas Copco (ATCOb.ST ) said on Monday it was buying British industrial technology firm Edwards Group (EVAC.O ) for up to $1.6 billion, an investment which should help it offset volatile swings in its mining busi... More »
OSLO/VIENNA (Reuters) – Norway’s Statoil (STL.OL ) has sold stakes in several key oil fields to OMV (OMVV.VI ), freeing at least $2.65 billion for capital expenditure and boosting the Austrian firm’s presence in Norway’s booming oil industry. Statoil sold 19 p... More »
NEW YORK (Reuters) – Chinese e-commerce company Alibaba Group, which is preparing for an initial public offering in Hong Kong, has bought a minority stake in online shopping company ShopRunner, the Financial Times reported on Friday. The acquisition is part of... More »
WILMINGTON, Delaware (Reuters) – Activist investor Carl Icahn’s legal effort to derail a $25 billion takeover of Dell Inc stalled after a judge refused to fast-track his lawsuit against the personal computer maker, blunting an integral part of his months-long ... More »
PARIS/HONG KONG (Reuters) – L’Oreal SA (OREP.PA ) has offered to buy Chinese facial mask maker Magic Holdings International Ltd (1633.HK ), a move that would put the world’s largest cosmetics group in the lead of the fastest growing sector in China’s $15 billi... More »
HONG KONG (Reuters) – Deutsche Bank, Goldman Sachs (GS.N ) and Morgan Stanley have held talks with China’s Huarong Asset Management Corp to invest in its $1.5 billion stake sale ahead of the company’s expected initial public offering next year, the Financial T... More »
SEOUL (Reuters) – South Korea said on Friday that at least one bid came in under budget for its 8.3 trillion Korean won ($7.42 billion) purchase of 60 next generation fighter jets, the country’s biggest-ever defense import program to replace its ageing fleet. ... More »
(Reuters) – Sony Corp is close to striking a deal to secure content from media company Viacom for a new Internet-based TV service, the Wall Street Journal reported on Thursday. Sony is working on a service that can stream live television over the Internet and ... More »
(Reuters) – IBM, the world’s biggest technology services company, said on Thursday it has agreed to buy Trusteer, a company that helps businesses fight computer viruses and fraud. A person familiar with the matter said IBM was paying close to $1 billion for Tr... More »
HONG KONG/KUALA LUMPUR (Reuters) – Energy majors Exxon Mobil Corp (XOM.N ) and Royal Dutch Shell (RDSa.L ) are among the suitors advancing to the next round of bidding for Newfield Exploration Co’s (NFX.N ) Malaysian and Chinese oil and gas fields valued at ab... More »
SHANGHAI (Reuters) – Tencent Holdings Ltd, China’s leading Internet firm by revenue, on Tuesday denied a newspaper report that it plans to list its popular Weixin, or WeChat, mobile messaging app as a spin-off company in Singapore. Citing an unnamed source, th... More »
WASHINGTON (Reuters) – Alliant Techsystems Inc (ATK.N ) on Tuesday said it had won an order from Orbital Sciences Corp (ORB.N ) to provide solid rocket motors for a new air-launched space transport system that is part of Microsoft co-founder Paul Allen’s lates... More »
SAN FRANCISCO (Reuters) – Facebook Inc plans to buy the maker of a speech recognition and language translation app, providing technology that could bolster the social networking company’s mobile efforts. Facebook did not disclose the financial terms of its dea... More »
TORONTO (Reuters) – Struggling smartphone maker BlackBerry Ltd is weighing options that could include an outright sale, it said on Monday, and its largest shareholder is stepping down from its board to avoid any possible conflict of interest. BlackBerry, which... More »
AMSTERDAM (Reuters) – Mexican billionaire Carlos Slim’s America Movil (AMX.N ) wants to ‘unlock value’ from Dutch telecoms group KPN (KPN.AS ) and is not just interested in its German business E-Plus, a Dutch newspaper reported on Monday, quoting the Mexican g... More »
MEXICO CITY/BRUSSELS (Reuters) – Mexican billionaire Carlos Slim’s America Movil (AMX.N ) has made a 7.2 billion euro ($9.6 billion) bid for the shares in Dutch telecoms group KPN (KPN.AS ) it does not already own, challenging a rival offer for KPN’s German bu... More »
NEW YORK (Reuters) – Activist investor Carl Icahn increased his stake in speech recognition and digital imaging software maker Nuance Communications Inc to 16.03 percent, a regulatory filing showed Thursday. Icahn’s stake in Nuance stood at 10.72 percent as of... More »
MOSCOW (Reuters) – Megafon (MFON.MM ) (MFONq.L ), Russia’s second-biggest mobile phone operator, is to buy next-generation service provider Scartel for $1.2 billion to extend its lead in the race to provide high-speed internet. The deal unites assets belonging... More »
(Reuters) – AOL Inc said on Wednesday it would buy Adap.tv, an electronic trading platform that helps companies advertise on video websites, for $405 million in its biggest acquisition under CEO Tim Armstrong. AOL, which is trying to rely less on its dial-up s... More »
(Reuters) – Jeff Bezos has just shown how valuable one-of-a-kind newspaper properties can still be in the United States. The multibillionaire founder of online retailer Amazon.com Inc may have paid more than four times the price that the financial results of t... More »
NEW YORK (Reuters) – Hedge fund manager Daniel Loeb expects Sony Corp to lay out a specific improvement plan and set financial targets for its entertainment business before the company’s annual general meeting next May, according to a source close to the hedge... More »
TOKYO (Reuters) – Japan’s Sony Corp on Tuesday rejected a proposal from activist shareholder Daniel Loeb to partially spin off its entertainment business but the billionaire investor vowed to keep talking with the company and to explore other options. Sony sai... More »
(Reuters) – Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal that ends the Graham family’s 80 years of ownership and hands one of the country’s most influential publications to the businessman whose I... More »
(Reuters) – Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal that ends the Graham family’s 80-year ownership and hands one of the country’s most influential publications to the tech entrepreneur. Bezo... More »
TOKYO (Reuters) – Japan’s Sony Corp rejected on Tuesday a proposal from activist shareholder Daniel Loeb to spin off a part of the electronics company’s entertainment business. Loeb’s Third Point LLC hedge fund proposed in May that Sony sell as much as a fifth... More »
(Reuters) – Sony Corp’s board voted unanimously not to sell its entertainment unit, rejecting a proposal from hedge fund manager Daniel Loeb, the company said in a statement on Monday. Sony sent a letter to Loeb’s Third Point LLC giving the result of the vote,... More »
NEW YORK (Reuters) – The New York Times Co has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox baseball team for $70 million in cash, a small fraction of what the Times paid for the newspaper 20 years ago. Under the transaction ann... More »
SYDNEY (Reuters) – Britain’s Lloyds Banking Group (LLOY.L ) is preparing to exit the Australian market, seeking to sell a leasing unit with a book value of $3.6 billion and a $625 million institutional loan portfolio, three sources familiar with the situation ... More »
NEW YORK (Reuters) – A New York state judge could decide as soon as Thursday whether J.C. Penney Co Inc (JCP.N ) can sell certain Martha Stewart-branded home goods despite rival Macy’s Inc’s (M.N ) exclusive deal with the doyenne of U.S. home decor. The two de... More »
NEW YORK (Reuters) – Michael Dell’s and Silver Lake’s $24.4 billion bid to take Dell Inc private suffered a blow on Wednesday after the company’s special committee rejected their request to change the voting rules in exchange for them offering $150 million mor... More »
PARIS (Reuters) – The chief executives of Publicis and Omnicom said they had spoken to major clients about their planned merger and did not anticipate major problems with big advertisers defecting to rivals in the transition period. Publicis CEO Maurice Levy s... More »
WASHINGTON (Reuters) – Lockheed Martin Corp and the Pentagon have reached agreement on orders for the next two batches of F-35 fighter jets, a deal worth over $7 billion, a person briefed on the discussions told Reuters on Monday. The deal covers 71 of the rad... More »
PARIS (Reuters) – French advertising group Publicis said it plans to make a “major corporate announcement” on Sunday, after a media report on Friday said it was in merger talks with larger rival Omnicom. A media briefing will be held at 8.00 a.m. ET on Sunday ... More »
PARIS/NEW YORK (Reuters) – A proposed mega-merger between global ad agencies Publicis and Omnicom could bring rival accounts such as Coca-Cola and PepsiCo under one firm, underscoring the scale of the $35.1 billion deal and the potential conflicts it raises. T... More »
LONDON (Reuters) – Martin Sorrell, head of world No. 1 ad group WPP, congratulated long-time rival Maurice Levy on persuading Omnicom to merge, adding that further consolidation was inevitable in the industry. Sorrell was reacting to news that France’s Publici... More »
PARIS (Reuters) – The merger of Publicis and Omnicom will boost adjusted earnings per share, and the new group will maintain its BBB+ credit rating, the head of the French ad group told a news conference on Sunday. Maurice Levy added that he did not expect res... More »
PARIS/BANGALORE (Reuters) – France’s Vivendi said on Friday that it planned to sell 85 percent of its stake in Activision Blizzard Inc to the video games maker and its management for $8.2 billion, its second blockbuster deal in the past week. Vivendi is sellin... More »
LOS ANGELES (Reuters) – The owners of video streaming site Hulu called off talks with Time Warner Cable Inc over the cable operator’s plan to take a 25 percent stake after failing to agree on a price, according to two people with knowledge of the negotiations.... More »
(Reuters) – Dell Inc founder Michael Dell raised his $24.4 billion bid by less than 1 percent just hours before it was to be put to a vote, tacking on a controversial demand to change voting rules to make it easier for him to buy and take the No. 3 personal co... More »
ROUND ROCK, Texas (Reuters) – Dell Inc shareholders converge on Texas on Wednesday to vote on CEO Michael Dell’s $24.4 billion buyout offer for the company after a previous meeting was pushed back a week in the hope of convincing dubious investors to accept th... More »
(Reuters) – Cisco Systems Inc said on Tuesday it plans to purchase cybersecurity company Sourcefire Inc for $2.7 billion, a deal that analysts say should spark more acquisitions in the industry as large vendors seek to profit from growing demand for IT securit... More »
PARIS (Reuters) – French media and telecoms conglomerate Vivendi SA (VIV.PA ) said on Tuesday it had entered into exclusive talks to sell its majority stake in Maroc Telecom (IAM.CS ) to Abu Dhabi-based Etisalat ETEL.AD for 4.2 billion euros ($5.54 billion) in... More »
SAN FRANCISCO (Reuters) – Activist hedge fund Third Point LLC reached an agreement to sell two-thirds of its stake in Yahoo Inc back to the company, pocketing a tidy profit and relinquishing three seats on the board of a company trying to effect a tricky turna... More »
NEW YORK/ROUND ROCK, Texas (Reuters) – Dell Inc on Thursday postponed a shareholder vote on CEO Michael Dell’s $24.4 billion buyout offer, after he won 11th-hour backing from several large investors but still fell short of enough votes to seal the deal. The me... More »
(Reuters) – Opposition to Michael Dell’s bid to take his computer company private grew on Wednesday, and billionaire Carl Icahn argued Dell Inc had no right to delay a shareholder vote, even if the deal looked more likely to fail. Holders of nearly 30 percent ... More »
BRUSSELS (Reuters) – US Airways Group (LCC.N ) and AMR Corp’s (AAMRQ.PK ) American Airlines have offered concessions to European Union antitrust regulators to win approval for their planned $11 billion merger to create the world’s largest airline. The European... More »
(Reuters) – Dell Inc shareholder Yacktman Asset Management threw its support behind Carl Icahn and Southeastern Asset Management’s buyout proposal for the PC maker. Yacktman, which holds 14.8 million shares of Dell, said it believes Dell founder and Chief Exec... More »
