Investors
Diamond Resorts Files for IPO
Diamond Resorts to undertake IPO at the NYSE under the symbol 'DRII'. (Photo : Reuters)The image is a phone on the NYSE trading floor. US regulators received IPO documentation filed by Diamond Resorts International for the listing of up to US$200 million worth of common shares to the public.
Lampert Uses US$393 Million for Redemptions
Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
Delta Rigging & Tools acquires Morgan City Rentals
Delta Rigging & Tools bought Morgan City Rentals to form one of USA's leading offshore rigging companies.
CEOs Fight for Elan, the Biggest Hostile Bid of the Year
Since February, top executives of Elan and Royalty Pharma have been vying to control over Elan. (Photo : Reuters )Irish drugmaker Elan will be giving back $1 billion to shareholders as a boost from the sale of its stake in multiple sclerosis treatment Tysabri to partner Biogen Idec.