US Federal Communications Commission has approved Softbanks' US$21.6 billion acquisition deal for Sprint.
Firm Management
J.P. Morgan: Dubai could raise US$1 billion from telecoms share sales
According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
Online coupon site Retailmenot expects to earn up to US$200 million in IPO
Online coupon site Retailmenot expected to raise about US$200 million in an initial public offering.
Standard & Poor cuts SoftBank to 'junk' grade, shares plunge
Standard & Poor downgraded SoftBank because of the financial risks it took in buying Sprint. Standard & Poor cut SoftBank Corp's debt rating to two levels to "junk" status.
CORRECTED: Synagro Agrees to Incorporate Suggested Sale into Reorganization
Synagro Technologies and its main stockholders agreed to sell the company to EQT Infrastructure II through a plan of reorganization.
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Yahoo's top lawyer, Michael Callahan, was now at Auction.com. Michael Callahan, Yahoo's top lawyer since 1999, now works at Auction. com as its Executive Vice President and Chief Legal Officer.
Real estate investment firm experts Martin Bronstein and Raplh Howard form new company BHW Former founders of Houston based Situs, Martin Bronstein and Ralph Howard announced the formation of BHW, a commercial real estate investment firm.
Ding Xuedong was appointed the new chief of the sovereign wealth fund of China and faced pressure to boost returns for the country.
Wal-Mart’s expansion to India was stalled after stating that the company needs around 12 to 18 months before it can open its first retail outlet in the country.
Reliance Communications would be listing its real estate business into a separate unit. The Reliance Communication of India has announced it would be spinning off its real estate business to a separate unit.
To prevent cross border issues, the European Banking Authority stands to create a database on bankers and key bank functions for sharing between countries.
Deutsche Bank, according to its CFO, needs to change balance sheet to comply with new capital requirements.
The benchmark Japanese government bond prices climbed which resulted to a proposed auction of a 30-year debt.
The IRS proposed reform for the money market fund industry is set to tackle tax matters. On Wednesday, the US Internal Revenue Service recommended new regulations.
