Canada

Deals of the day - M&As

The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.


Blackberry shakes off Heins, raises USD1 billion via convertible notes after Fairfax deal falls

Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company

Lululemon faces new quality complaints about yoga pants

Lululemon answered new round of complaints about the quality of its yoga pants. Just a few months after Lululemon faced complaints about the sheerness of its yoga pants, the clothing company is again facing a new wave of complaints regarding the quality of its products.

Microsoft-Apple consortium case against Android manufacturers threatens Google existence

A group of technology companies including Microsoft and Apple claimed Google had infringed one of their patents it had obtained by bankrupt mobile company Nortel.


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Lululemon Athletica Inc's attitude towards complaints had driven customers to competitors, according to an NBC News report.
Customers had again complained about the quality of Lululemon Athletica Inc's yoga pants, according to a report
ConocoPhillips sold various oil assets located in Northern America, Asia and Africa. A Reuters report said US oil company ConocoPhillips expected to receive USD8.
Bitcoin users lined up as the first bitcoin ATM opened for business in Canada. The world's first bitcoin ATM opened for business in Canada on Tuesday.
Assassin's Creed IV DLC would continue to be available only on Sony's PlayStation 3 and 4.
The fourth update of the Assassin's Creed transported gamers to various worlds. Assassin's Creed IV: Black Flag has been dubbed as a nonliterary vehicle for cultural tourism, according to a review of the video game which appeared in The New York Times.
Original Joe's Franchise Group Inc and its parent company Franworks Franchise Corp received an expanded senior credit facility from GE Capital's Canadian Franchise Finance business.
Vancouver would be the first city in the world to host a bitcoin ATM. The first bitcoin automated teller machine would be installed in Vancouver, Canada.
SAP CFO Werner Brandt squashed rumors of SAP's interest in BlackBerry through an interview with Euro am Sonntag.
Independent grocers and convenience store operators see a mega-merger as big industry threat. Independent grocers in Canada feared they would go out of business with the upcoming merger of Loblaw Cos Ltd and Shoppers Drug Mart Corp.
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