An independent foundation of KPN questioned billionaire Carlos Slim's motive for bidding for the remaining shares of the Dutch firm that he does not already own.
Corporations
Manchester United signs new sponsorship deal with Bulova
Bulova replaced Hublot as Manchester United's official timekeeper. Manchester United inked a new three-year sponsorship agreement with Bulova. The US watchmaker would now be the official timekeeper of the second-richest sports franchise in the world.
Manduka Llc acquires yogitoes Inc, Meriwether Group advises
Manduka purchased yogitoes in a deal advised by the Meriwether Group. Eco-friendly yoga gear maker Manduka Llc acquired Skidless towel maker yogitoes Inc in a deal advised by the Meriwether Group.
Paulson & Co acquires Steinway Musical Instruments for USD 512 million
Paulson & Co agreed to acquire Steinway Musical Instruments for USD 512 million. Steinway Musical Instruments entered into a definitive merger agreement with Paulson & Co Inc on Wednesday.
MannKind says Afrezza effective in late-stage trials
MannKind Corp revealed that Afrezza proved to be effective in two late stage studies. MannKind Corp announced a major breakthrough in its diabetes therapy drug Afrezza.
Latest News
Billionaire Prem Watsa could be the key to any successful Blackberry deal. As beleaguered smartphone maker Blackberry Ltd begins to contemplate a sale of its holdings, Reuters reported that the success of any deal would rest in the hands of Prem Watsa.
Millennial Media Inc is to purchase Jumptap Inc for around USD225 million in stock. Millennial Media Inc agreed to purchase Jumptap Inc for around USD225 million in stock.
Facebook announced that it would acquire Mobile Technologies, a company focused in developing voice translation software.
Wilcon and Freedom Dark Fiber Networks merge to create Freedom Telecommunications. The premier provider of best-in-class data center and fiber optic infrastructure, Wilcon, announced the entry into an agreement to acquire Freedom Dark Fiber Networks.
Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.
CEO Ned Goodman of Dundee Corp appointed son Jonathan as the firm's new Deputy Chairman and Chief Operating Officer.
Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.
Sources said ThyssenKrupp was considering the sale of its plant in Arizona as its Steel Americas sale stalled.
Sources told Reuters that Mizuho Financial Group offered to acquire a stake for Bank Panin from ANZ.
