High-net worth individuals

Bob Lutz and Wanxiang Tenders US$20M for Fisker Fielded

Consortium bids for Fisker at the fraction of the price. A group participated by Bob Lutz, a former Executive of General Motors Co together with the biggest parts maker in China is eyeing to acquire Fisker Automotive for US$20 million which is a percentage of the "green" car company's projected value in the last quarter of 2011, according to a report from Reuters.


No More Info, Dell Tells Icahn

Dell's Special Committee tells Icahn to complete bid or no more information would be given to him and Southeastern Asset Management.

Pactera Receives Bid from Blackstone Led Consortium

Pactera Technology received a letter of intent from Blackstone and Pactera management officers to bid for the firm.

Loeb shares insights on investment ideas on Japan

Loeb shares insights on its investment ideas on Japan and his style. Daniel Loeb, the billionaire investor is not one to shy away from a good deal but as of the moment, he has his eyes set on Japan.


Latest News

View Systems gets approval from known security expert Dr. Leo A. Guthart. View Systems, Inc. announced today that Dr. Leo A. Guthart has directly invested into View Systems.
OpenCoin receives funding and support from IDG Capital Partners and Google Ventures. OpenCoin disclosed that it concluded another circle of angel funding from renowned investors IDG Capital Partners and Google Ventures.
Central Pattana together with two of its shareholders undertakes share sale. Top Thailand department store operator Central Pattana Pcl together with two of its shareholders had raised a total of US$367 million in a share offer.
Icahn recommends new Board of Directors for Dell. The special committee of the board of directors of Dell Inc has formally asked Carl Icahn for specific details of the plan to be implemented that would have the computer maker pay dividends and issue shares as he has proposed.
Kleins plan to sell off 53.8 million common shares worth 2 billion reais through a public offer. The Klein family of Brazil has disclosed its plans to sell off nearly 33% of its capital holdings in Via Varejo SA.
Swiss Finance Minister said that the government would be debating on the issue of bank secrecy on two specific points.
Icahn, seeking to fight off the Dell-Silver Lake bid, is asking investors to dig deep and put their money on the computer maker.
Bloomberg news reporters had access to personal information of those using the news service, leading to ethical issues as to its use.
Icahn, in a bid of bravado, offers a couple of billion of own money for Dell bid. Billionaire investor Carl Icahn, who has just informed the Dell board of an intention to bid for the company with Southeastern Asset Management, told Reuters that he is willing to contribute a couple of billion of dollars in order to finance a bridge loan worth US$5.
Discussions with investors for Sunday People have bogged down without any final agreement. Talks with investors to purchase Sunday People from Trinity Mirror ended, thus shelving plans to make the British tabloid into a new look newspaper.
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