A source familiar about the deal but requested anonymity claimed that Dell Inc. will not be selling its shares for a bid below US $14.
Investors
UK retail giant takes AIM route to raise capital
Conviviality Retail seeks to secure GBP 64 million funding through the Alternative Investment Market.
Affectv starts work on meeting goals after GBP 2 mln capital infusion
Following its acquisition of GBP 2 million funding in a round led by Octopus investments, Affectv starts the work to meet its goals.
Lanco Infratech begins process to restructure INR 75 billion (USD 1.3 billion) debt
Lanco initiates the process to restructure its debt amounting to INR 75 billion (USD 1.3 billion). Engineering procurement and construction company Lanco Infratech Ltd.
Formula One and FIA sign framework for new Concorde Agreement
The Formula One Group and the FIA signed the framework for the 2013 Concorde Agreement. The Formula One Group and its governing body, the FIA, signed the new framework for the 2013 Concorde Agreement.
Latest News
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.
Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.
The Federal Reserve said that Ally Financial Inc.'s GMAC Mortgage will pay a total of USD 230 million to borrowers as settlement for handling foreclosures improperly.
SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.
A source revealed that Publicis and Omnicom are in late-stage talks about a merger of equals. Two of the world's largest advertising firms are said to be in private talks about a possible merger.
JPMorgan announced that it will no longer be trading in physical commodities. JPMorgan Chase & Co announced that it will no longer be trading in physical commodities.
Zynga planned to abandon real-money gaming, which upset investors. Zynga planned to abandon its plans for real-money gaming in the US. Gambling with real money is illegal in the country.
