McAfee announced the completion of acquisition of Stonesoft via tender offer McAfee announced the acquisition of Stonesoft via the completion of the tender offer that was announced last May 6.
Investors
Softbank Could Own Sprint this Month
US Federal Communications Commission has approved Softbanks' US$21.6 billion acquisition deal for Sprint.
South Korea Issues Bond-Market Aid Package
South Korea issued a bond-market aid package. South Korea announced that it would issue a bond-market aid package to increase liquidity in the market. This package was called primary-collateralized bond obligations, according to an emailed statement from the Financial Services Commission (FSC).
Greek Aid Lenders Close To Wrapping Up Talks
International lenders for Greek Aid are close to wrapping up talks International lenders for Greek Aid are close to wrapping up negotiations to unlock Eur8.
UK Stocks Rises to Highest in 6 Months
UK stocks rose to their highest in 6 months There was a rise in United Kingdom stocks this week, the biggest weekly gain seen in six months. There was an increase of 78.
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A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
A Mervin Davies led investment group is showing interest to bid for part of the stake in Lloyd's Banking Group
ING announced that they are selling their stakes in Chinese joint venture ING-BOB to BNP Paribas Cardif.
Scale mattered in recent TV deals. On Monday, the fresh-out of bankruptcy Tribune Company, bought 19 stations from Local TV Holdings. This deal amounted to US$2.
Macquaire fund agreed to purchase Theolia The Macquaire fund, owned by Australian bank, Macquaire, agreed to purchase Theolia, a French wind power group.
Fed's reduced bond buying threat resulted in fund withdrawals from several investors. After the Federal Reserve announced that it may slow down the pace of its asset purchases this year, several investors reacted by withdrawing their investments in mutual funds.
Shazam announced that they were able to secure a US$40 million funding from America Mobil Shazam announced that they were able to raise US$40 million for funding from America Movil.
S&P lowered SoftBank's rating after winning the bid on Sprint. According to a statement by Standard & Poor, SoftBank ratings were lowered from BBB to the highest non-investment grade of BB+, with a stable outlook.
Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.
