Industry

TransForce Inc. to Acquire Velocity Express for $35 million?

A Montreal-based transportation and logistics company, TransForce Inc., is set to acquire Texas-based Velocity Express and its subsidiaries for approximately $35 million.


Foreign Companies Beneficiaries of One-Quarter U.S. Stimulus Fund

A report submitted by the U.S. House of Representatives Committee on Energy and Commerce found out that U.S. subsidiaries of foreign corporations have received around one-quarter of $16 billion from Section 1603 grant program.

Liberty Media Corp Buys Majority Stake in Sirius XM Radio Inc

Liberty Media Corp now holds nearly 50.5 percent of shares in Sirius XM Radio Inc. Liberty Media Corp gained majority control over Sirius XM Radio Inc.

Douglas Webb & Associates to Serve as Holding Company for CSi Complete and TenPoint Insurance Solutions' Merger

CSi Complete, a provider of credible service and call center services to the automotive and insurance industries has merged with TenPoint Insurance Solutions.


Latest News

Canada’s leading e-commerce companies TeamBuy.ca and Dealfind.com announced their merger to form one of the country’s largest online deal destinations.
Louis Dreyfus Commodities is planning to buy about 13 percent stake in Namoi Cotton Co-operative Ltd.
China’s privately-owned clean energy company - Hanergy Holding Group, Ltd acquired US based CIGS thin-film manufacturer MiaSolé for $30 million.
Transocean Ltd disclosed on its website that Carl Icahn acquired 1. 56 percent of stake in the company.
Oral Cancer Prevention International and CDx Laboratories recently merged to become CDx Diagnostics.
Ocean Spray, a U.S.-based grower-owned agricultural cooperative has made its first international acquisition with Chilean firm Agrícola Cran Chile Limitada today.
The much talked about merger in the airline industry between American Airlines and US Airways is all set to happen after both sides came together for discussions in Dallas, last week.
American Express to cut 5,400 jobs this year. American Express Co. , announced that it will slash 5,400 jobs this year as a part of its restructuring effort and to offset losses.
Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161 megawatt facility located in Oldham County, Texas.
Reports suggest shares of the carrier dropped by 0.4 percent to 3, 765 yen at the close of Tokyo trading, a biggest decline since Dec. 28, Boeing shares fell 2.7 percent.
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