BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.
North America
Foster Farms assures consumers of chicken safety but issues no recall
Foster Farms said consumers should not worry about the company's chicken products amidst the salmonella outbreak traced back to its plants.
Synaptics acquires finger-based authentication startup Validity for USD255 million
Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.
Men's Wearhouse snubs Jos. A. Bank buyout offer just hours after public announcement
Men's Wearhouse snubbed the USD 2.3 billion takeover offer from Jos. A. Bank just two hours after it was made publicly.
ETFs rather wait before jumping into IPO - report
A report by Reuters said the managers at exchange-traded funds (ETFs) employed a passive approach on stocks traded after its debut on the bourse.
Latest News
US President Barack Obama directed government lawyers to find an immediate way to resume payments for the families of killed soldiers in Afghanistan, said a Reuters report.
Barclays Plc promoted investment banker John Miller as head of banking for the Americas division of the bank, according to an internal memo seen by Reuters.
Men's Wearhouse had rejected the takeover offer of Jos. A. Bank valued at USD2.3 billion in cash as the company deemed the bid to be inadequate, said a Reuters report.
For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.
In its latest Series A funding round, TempoDB would be expanding and developing its sensor and measurement data storage systems.
Spinal medical device company LDR Holding would hold an IPO over five million shares of common stock this week.
Warburg Pincus' Antero Resources had priced above its planned IPO range that valued the company at USD11 billion, said a Reuters report.
KKR & Co announced acquisition for Crosby Group and Acco Material Handling Solutions valued USD1 billion, said a Reuters report.
According to a Reuters report, Hess Corp had planned to sell its storage terminal network valued USD850 to Buckeye Partners LP.
