Corporations

Amazon to Acquire Goodreads

Amazon purchases Goodreads for an undisclosed amount. Goodreads is a book recommendation website and is now the subject of acquisition plans by online retail giant Amazon.


Clearwire To Tap Sprint Financing Offer Again

Sprint's offer of US$80 million per month would again be utilized by Clearwire. According to anonymous sources, Clearwire Corp is planning to notify Sprint Nextel Corp that it will be utilizing another US$80 million in financing as part of its deal agreed upon with Sprint.

Blackberry Reports Higher-Than-Expected Profit

Blackberry becomes ideal for a potential takeover as it reports good earnings. Blackberry has reported good earnings higher than what analysts expected, making an ideal candidate for a buyout by a larger technology company, said CNBC's Jim Cramer.

Fiat Seeks Credit Line Prior to Chrysler Deal

Fiat to secure credit line to prepare for options in the next move for Chrysler shares. Fiat SpA has reached out to banks for the refinancing of its Eur1.


Latest News

Veolia's divestment program sells off its water and wastewater concessions to Beijing Enterprises Water Group Ltd.
China's Dongfeng Motor Group decides not to continue bidding for a major stake in Fisker Automotive over loan obligations.
Liberty Global reaches deal with Barclays to purchase 12.7% stake in the latter's Ziggo. Liberty Gobal Inc. has acquired a stake worth 12. 7% in Dutch cable television operator Ziggo NV from Barclays Plc following the British bank's failure to seek buyers in a share sale last week.
Transportation equipment firm Toyota Industries Corp. made completion of its tender offer for shares in Cascade Corp.
John Malone's Liberty Global purchases Ziggo stake from Barclays Bank. Liberty Global, the cable investment firm founded by John Malone, has recently purchased a 12.
Perform enters into partnership with ACBJ, current owners of the Sporting News. Perform, the British digital rights firm has entered into a partnership with Sporting News, the US media brand to boost its expansion into the North American Market.
Constellation Hotels has purchased IHG's London Park Lane Hotel for over GBP401.5 million. Constellation Hotels has recently acquired the InterContinental London Park Lane hotel for the amount of GBP 400 million.
In compliance with current regulations, Novartis AG is selling of a part of its shareholdings in Novartis India.
Hoau, TNT Express' road business in China is now the property of CITIC Private Equity. TNT Express, the Dutch express delivery service provider has announced the sale of Hoau, its domestic road business in China.
After two tries, ProMOS Tech was able to sell of its twelve inch fabricating facility to GlobalFoundries.
Real Time Analytics