Yacktman Asset Management expressed its support for Carl Icahn's buyout offer for Dell. Yacktman Asset Management, Dell Inc's stockholder gave its support for Carl Icahn and Southeastern Asset Management's buyout offer for the PC manufacturer.
Investors
Rexford Industrial Realty Announces Public Offering of Common Stock
Rexford Industrial Realty Inc announced today its public offering of common stock listed on the New York Stock Exchange.
Kroger Agrees to Buy Harris Teeter for 2.5 Billion
Kroger Co. agreed to purchase Teeter Supermarkets Inc. for around US$2.5 billion. The largest US grocery chain, Kroger Co. , agreed to buy Harris Teeter Supermarkets Inc.
Swordfish-iPont Merger Expected To Generate Huge Profits
Swordfish Financial merger with iPoint expected to generate huge profits Swordfish Financial Inc announced that their merger with iPoint are expected generate huge profits for both companies.
Maxim Magazine Fetches Bids of About US$20 Million
Maxim magazine was said to be fetching bids of only US$20 million, less than a 10th of the cost its investors paid about six years ago.
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LBO France sought to sell Groupe Poult by sending marketing materials to potential buyers and waiting for bids until the end of the month.
US government's Fannie Mae considered selling about US$1 billion of home-loan bonds. The mortgage financier regulated by the US government, Fannie Mae, planned to sell around US$1 billion of home-loan bonds.
The sale of Woori Finance Holdings Co. was expected to succeed and earn about US$10.2 billion after four attempts.
The Florida based firm executes a Letter of Intent to relay its aim of purchasing the North Carolina based company.
Telecommunications company Tech Valley obtains new debt facility from GE Capital along with Webster Bank.
Enstar Group pays US $692 million in order to control the reins Torus Insurance Holdings Ltd. Enstar Group, a management and consultancy firm specializing in insurance, announced the completion of the agreement that allows it to control management of Torus Insurance Holdings Ltd.
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
Boathouse Capital and Tamarix Capital each shelled out US $5 million to und Convene. Convene, New York City's largest conference center, completed the fourth funding round by raising additional US$10 million which will be used to fund its expansion plans.
Scanbio Marine Group buys Biokraft; a deal that will allows them to boost their operational efficiency and enhance their service to the largest aquaculture companies in the world.
