Mergers & Acquisitions
News of possible Sprint offer spur rise in T-Mobile shares- report
A Wall Street Journal report about a possible bid from rival Sprint Corp spurred the rise of T-Mobile shares, the largest increase since October 2012, Bloomberg reported.
William Morris likely to be frontrunner for American sports agency IMG acquisition -NYT
Bidders William Morris Endeavor, ICM Partners and a consortium led by former News Corporation executive Peter Chernin are expected to submit their takeover offers for IMG Worldwide on Friday. New York Times said that William Morris will likely emerge as top bidder for the sports agency.
Asia-Pacific M&A deals plunge to lowest since 2009- report
A report said merger and acquisition transactions fell in the Asia-Pacific region caused by a slowing in the energy and raw materials sectors.
US carrier Sprint planning 2014 $20B T-Mobile takeover -report
US-based telecommunications company Sprint is eyeing the purchase of rival T-Mobile USA next year in a deal worth $20 billion, according to sources cited in a report by The Wall Street Journal.