Michael Dell's offer was backed by the Institutional Shareholders Services. Dell Inc announced today that proxy investment advisory firm ISS recommended the US$24.
Leveraged Buyouts
Avnet, Inc. Agrees to Acquire MSC Investoren GmbH
Avnet Inc. publicized that it entered an agreement to purchase the European distributor, MSC Investoren GmbH.
Citigroup's private equity firm to acquire India's Sansera for US$56 million
Citigroup's private equity firm, Citi Venture Capital International would buy India's Sansera Engineering for US$56 million.
Behrman Capital’s Data Device Corp. Buys National Hybrid for US$32.5 million
Data Device Corporation, Behrman Capital's unit, bought National Hybrid Inc. from API Technologies Corp. for US$32.5 million.
Ben-Tzvi investment decides Israel daily's future
Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.
Latest News
Vue Entertainment sells bonds for LBO funding The cinema operator Vue Entertainment Ltd. planned to sell bonds on a meeting with investors. The proceeds of this bond sale would be used to fund the company's leveraged buyout.
Synagro Technologies and its main stockholders agreed to sell the company to EQT Infrastructure II through a plan of reorganization.
TPG was about to purchase TSL Education for GBP400 million because it was attracted by TSL's network of 52 million teachers.
CFR Pharmaceuticals has embarked on a South African road show starting June 08. Chilean generic drug producer CFR Pharmaceuticals has embarked on a South African road show starting June 08.
Kenai stockholders approved Serabi Gold plc's proposal to acquire their whole share capital. Serabi Gold plc announced that Kenai Resources Ltd's stockholders favored its proposal to purchase the whole share capital of Kenai.
Fiat exercises option to buy additional 3.3% Chrysler shares from the United Auto Workers union's VEBA.
A Chinese insurance company agreed to acquire the London’s Lloyds building for US$388 million. A Chinese insurance corporation decided to purchase the Lloyd's of London building worth GBP260 million equivalent to US$388 million.
US Federal Communications Commission has approved Softbanks' US$21.6 billion acquisition deal for Sprint.
McAfee announced the completion of acquisition of Stonesoft via tender offer McAfee announced the acquisition of Stonesoft via the completion of the tender offer that was announced last May 6.
