Hulu.com auction attracts more bidders. The private equity fund, Guggenheim Digital Media and former President of News Corp, Peter Chernin, have already tendered their bids for the online video service, Hulu Video, as related by sources who are knowledgeable of the matter to Reuters.
Investors
Pay TV Operators to Bid for Hulu
Pay television operators amongst the bidders for Hulu. An anonymous source with direct knowledge of the transaction identified pay television operators DirecTV and Time Warner Cable as among the bidders, aside from Yahoo and the consortium led by Peter Chermin.
News Corp Splits Business
News Corp announced it is splitting its entertainment business from its publishing empire. (Photo : Brendan McDermid/Reuters)News Corp said on Friday it bought SportsTime Ohio, a Cleveland-based regional sports network that broadcasts Cleveland Indians baseball games.
Google's Quandary on its Waze Bid
Google may find itself in antiregulatory waters should it push its bid for Waze. (Photo : REUTERS)U. S. regulators closed a long-running investigation into allegations that Google tweaks search results to hurt rival companies without finding any wrongdoing, a decision that disappointed rivals and critics of the Web search giant.
Bluefly Acquired by Clearlake Capital
Bluefly's treasury shares as well as shares held by stockholders were purchased by Clearlake Capital.
Latest News
Computacenter is offering options to its shareholders for the return of investments, either through a class B share or a dividend amount.
Dai-ichi Life Ins. Co.,Ltd purchased 40% shareholdings in Panin Life of Indonesia worth 30 billion yen.
Mando China Holdings Halts IPO trading in the Hong Kong Stock Exchange citing 'adverse market conditions' and 'significant market volatility'.
Upon its ascension to the Premier League, Cardiff City is exploring an IPO for the club. Vincent Tan, the billionaire Malaysian, is in the planning stage of an initial public offer of shares of footbal club Cardiff City as early as this 2013.
InterOil is now in discussion with Exxon as to the development of gas fields in Papua New Guinea. InterOil Corp, the liquefied natural gas producer together with its joint venture, is now in exclusive negotiations with Exxon Mobil Corp in order to develop gas fields located in Papua New Guinea.
Prologis and Blackstone purchase warehouse space worth US$960 million. Prologis Inc and Blackstone Group LP have settled to acquire 17 million square feet of distribution centers and warehouses for an estimated US$960 million.
CPG International owners engages banks for its sale at a possible value of around US$1.5 billion. CPG International, the building materials maker, is being prepared by its ownership for a sale.
Apache Corp is undertaking corporate moves to improve its bottom line. Houston based natural gas and oil producer, Apache Corp will be undertaking major changes with its balance sheet.
Ibercaja has finalized an agreement to purchase Caja 3. Ibercaja, the mid sized Spanish financial institution, said on Thursday that it has settled an agreement to buy out Caja 3, a smaller Spanish bank.
