Dole Food Co Inc agreed to be bought by David Murdock, after an increase in the offer price was given.
Corporations
Triton Fund okays acquisition of FCC's Alpine Energie
Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).
ATK wins space transport vehicle order from Orbital Sciences
ATK won a contract with Orbital Sciences Corp. that would allow provision of the motor of solid rockets used for the latest air-launched space transport system.
Groupama sells remaining Societe Generale shares
Groupama sold its last stake in SocGen for EUR 517.8 million. French insurance company Groupe des Assurances Mutuelles Agricoles (Groupama) finally sold its remaining 1.
Glencore Xstrata unit cuts workforce, reduces budget in Philippine mine
A unit of Glencore Xstrata revealed that it would scaling back on its workforce as well as its budget in the Tampakan copper-gold mine in South Cotabato, Philippines.
Latest News
Everspin Technologies announced that it was able to close its Series B funding round with USD 15 million from venture capital firms.
Encision Inc named Dr. Patrick Pace as its new non-executive Chairman of the Board. Encision Inc announced that Dr. Patrick Pace will be the non-executive Chairman of the Board.
Amid dark forecasts on the PC market, especially for the future of Dell, Dell's buyout prospects may be on the rocks as well.
Prospect Capital Corp gave a loan valued at USD 80 million to Matrixx Initiatives Inc for its recapitalization.
Steinway Musical Instruments said that another investor topped the USD 35 per share offer of Kohlberg & Co with a bid of USD 38 per share.
HTC Corp was said to have paid USD 10 million to Robert Downey Jr to endorse the brand in a TV commercial.
PAL Holdings Inc assistant corporate secretary announced that the joint venture of Philippine Airlines with a Cambodian firm would be finalized this October.
Medtronic purchased Cardiocom for USD 200 million in cash. Medtronic Inc, the world's largest medical technology company, bought Cardiocom Llc for USD 200 million.
A unit of San Miguel Corp remained the only bidder for ALECO after Aboitiz Energy and Manila Electric backed out.
