According to analysts, Sprint should increase its Clearwire bid to avoid any rising tension with Dish Network Corp.
Corporations
Vimpelcom's Orascom Withdraws Bid For Wind Mobile
Orascom, the subsidiary of Vimpelcom, had withdrawn its bid to gain majority interest in Wind Mobile.
SandRidge Energy Ousts CEO
SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.
Sandberg: Facebook Has Never Been Stronger Since IPO
Sheryl Sandberg, Chief Operating Officer for Facebook Inc. said that the company is in a better position after going public.
Baylor, Scott & White Advance with Merger Agreement
Baylor Health Care System and Scott & White Healthcare signed a definitive agreement today to boost the strengths of the two companies.
Latest News
A online WSJ report on Wednesday said that the early discussions between Microsoft and Nokia to purchase the latter's device unit have faltered with no chance of getting renewed.
According to sources, Icahn-backed Forest Laboratories is among mid-sized drug makers to eye for Elan.
Daniel Loeb, head of Third Point LLC proposed a partial spin off to Sony’s business unit to boost the struggling electronics division.
Stratasyst Ltd. will acquire consumer printer manufacturer, MakerBot in a deal valued around US$403 million.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
Kudu, the Saudi Arabian fast food chain, is set to sell off its majority shareholdings to private bidders.
Softchoice Corporation completes privatization deal through an arrangement set up by Birch Hill Equity Partners.
Sweden sells off the remaining shareholdings in Nordea Bank. Sweden has sold the remaining half of its stake in the biggest bank in the region, Nordea, The sale netted US$3.
Fairfax increases its shareholdings to 42% in Eurobank. Fairfax Financial Holdings would be raising its shareholdings in Eurobank Properties, the real estate firmn from Greece.
