Because of the uncertainty as to the result of the case filed in court, the deadline of the merger between the two airlines was sought to be extended.
Corporations
Deutsche Bank reviewed for corrupt practices
Deutsche Bank AG was under review for excessive entertainment expenses made for pension fund executives.
CORRECTION: Southeastern Asset Management purchases shareholdings in News Corp
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch. CORRECTED: Reference of Southeastern Asset Management as a hedge fund when it is a global investment management firm.
Fire Island residents receive Verizon action
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
Vodafone Group Plc's bid for Kabel Deutschland in jeopardy
The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.
Latest News
Creative Learning subsidiary BFK Franchise Company, LLC had announced that it would be selling a Master Franchise to Blockheads Ltd.
The recent launch of the iPhone 5S and 5C cost about USD200 more in China than in the United States.
Verizon Communications Inc. latest corporate bond sale was expected to fetch around USD49 billion. The financial market would be expecting Verizon Communications Inc.
ALung Technologies closed its Series B-1 financing with USD 15.8 million to commercialize its Hemolung Respiratory Assist System.
Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.
Business communication analysts had said that chief executive officers (CEO) should be wary about using jargon like "laser-focused" inn investor communiques.
Magazine publisher Time Inc. purchased the publishing arm of American Express Co as part of its plans to spin off from its parent Time Warner Inc.
Skuldtech announced that it had secured additional funding from Bpifrance worth EUR 1 million to develop a new therapy for Alzheimer's.
Vodafone Group has only a few hours left to acquire 75% of Kabel Deutschland's shares to tender its EUR7.7 billion or USD10.2 billion offer.
