Dish Network Corp has retreated the takeover battle for Clearwire Corp that ended the bidding war between Dish and Sprint Nextel.
Corporations
DriveCam Selects Banks for IPO
DriveCam, a California based firm that develops technology focusing in curbing driver errors was in discussion with banks for an initial public offering.
CDW Decreases IPO Size
US technology products retailer, CDW announced cut down on the size and price of its initial public offering.
Australian Regulator Approves ADM Acquisition of GrainCorp
ADM proposed takeover deal of GrainCorp overcame its first regulatory hurdle with the Australian watchdog.
GM Expands Operations in Mexico
GM set to expand its operations in Mexico. (Photo : Reuters)The image is a GM parking lot with recently manufactured vehicles in a row. Last Wednesday, General Motors Co had unveiled plans for the expansion of its Mexican operations, investing US$691 million into the country.
Latest News
According to the German antitrust regulatory authority, the ownership of other service providers would delay and hamper Liberty Global's purchase of Kabel Deutschland.
After a previous disapproved bond issue, British Airways again attempts to float asset backed bonds to raise funds.
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
Virgin Money recently returned to profitability after its acquisition of Northern Rock last January 2012.
Steve Cohen was named by BenefitMall as its new vice president. (Photo : Reuters)This is the logo of BenefitMall. Steve Cohen, former vice president of sales at White Glove Health, was announced as BenefitMall's new vice president.
Egypt's OCI increased in value as the country's finance authority approves of tender. (Photo : Reuters)The image is snapshot of the trading floor of the Egyptian bourse Orascom Construction Industries, one of Egypt's largest publicly traded firms, predicts a tremendous upsurge in more than seven years.
Lark Energy put 100 megawatts worth of projects for sale. (Photo : Reuters)The image is an aerial shot of the proposed project from the LA Department of Water and Power.
Former director of Bumi Rosan Roeslani will be paying the company $201 million. (Photo : Reuters)The image is a Indonesian money held by a woman. Bumi Plc.
A pending bill in the New York Assembly endangered Tesla's New York operations. Tesla Motors Inc. , Elon Musk's electric car manufacturer, stated that the New York's Assembly has set asie a bill that could potentially shut down its New York business.
