Reliance Games expands into Korean and Japanese markets with acquisitions. Reliance Games is the mobile gaming subsidiary of Reliance Big Entertainment Pvt Ltd.
Investors
Fisker Founder Resigns
Fisker Automotive founder resigns from company bearing his name. Henrik Fisker, the founder and executive chairman of Fisker Automotive, has quit his company.
NFP Explores Partnerships
National Financial Partners seeking new private equity funding. The wealth management company headed by Jessica Bibliowicz is exploring a potential sale according to three individuals who spoke on condition of anonymity.
Frontrunner for Hostess Brand Known
Dean Metropoulus front runner to purchase the iconic Hostess brand. Dean Metropoulus is a giant in the food industry business but not a household name yet, though this may change upon his purchase of iconic snack cake brand Hostess.
Kroenke Sports Acquires Outdoor Channel
Kroenke Sports acquires Outdoor Channel despite previous merger plans with Intermedia. After a heated discussion, Kroenke Sports and Entertainment LLC has acquired Outdoor Channel Holdings Inc.
Latest News
Walmart's ASDA to bid for beleaguered HMV. According to reports from the Telegraph, ASDA, the British division of US's biggest retailer Wal-Mart Stores Inc is contemplating a bid proposal for HMV, the former music retailer.
Berger Paints purchases Sherwin-Williams India. The Indian unit of American paint firm Sherwin-Williams was recently acquired by Berger Paints India Ltd.
Qantas moves forward with Emirates. Qantas, the Australian airline has discontinued its partnership with its associate airlines even if the final approval for its new association with Dubai's Emirates is still awaiting confirmation.
EMC and VMware venture into Pivotal to maximize asset potential. Software giant VMware Inc has projected revenue growth in the high 20's by year 2016 as its parent company EMC Corp announced a new revenue target.
Samsung's offer to purchase copier and printer unit declined by Sharp. Sharp Corp has declined an offer by Samsung Electronics to purchase its copier and printer unit.
CEO exit mulled as Sandridge strikes deal with TPG-Axon. SandRidge Energy Inc has forged a deal with hedge fund TPG-Axon Capital whose implication can lead to the exit of the company's chief executive officer.
E*Trade will close books with Citadel on or before March 19. E*Trade Financial Corp's largest investor, Citadel LLC is in the process of selling off its interests in the firm.
Paypal buys Duff Research for an undisclosed amount. PayPal announced last Wednesday that they purchased Duff Research, a mobile applications developer.
Rumors of the sale of UBS wealth management subsidiary quashed by CEO remarks. This was the statement from Chief Executive Officer Sergio Ermotti when asked if UBS was planning to sell its wealth management arm.
