Nasdaq and SharesPost to create new market for privately held securities. A new marketplace for shares trading of unlisted companies would be rolled out as a joint venture between Nasdaq and SharesPost Inc.
North America
Coach Bargain Shares Attract Takeover Bids
Coach's financial performance makes it ripe for rival bids. Coach Inc, the maker of luxury handbags and heels are now giving bargains for its luxury brand.
Apple to Team Up with Beats by Dr Dre
Apple Inc executives met with Beats LLC executives for Project Daisy. Apple Inc, after its shareholder meeting, is now keen on doing business and one of its projects is its current discussions with Beats Electronics LLC.
Deutsch Telekom Says No DOJ Objection to MetroPCS-T-Mobile Merger
Deutsch Telekom said in a statement it received no objection from DOJ as it completes merger between its T-Mobile and MetroPCS.
Verizon Seeking Full Control
Verizon and Vodafone discussing future of Verizon Wireless. Verizon Communications Inc, which is now deep in a battle for control with Vodafone Group Plc, has proposed to dissolve their relationship through the wireless joint venture.
Latest News
Consortium of equity firms deliberating on whether to pursue purchase of Life Tech. A joint offer is being mulled for the purchase of Life Technologies Corp.
ISS and Glass Lane calling for heads to roll in Autonomy takeover loss. Two proxy advisers have called out to fellow Hewlett Packard shareholders to move for the ouster of several board directors.
VEBA and Fiat most likely to break impasse to avoid lowered share value at IPO. In recent remarks, Fiat CEO Sergio Marchionne said that the Italian carmaker would most likely agree to the valuation of VEBA for its 41.
Southeastern Asset Management has formally filed notice for Dell to open its books for review. (Photo : Reuters) The image is Michael Dell making a presentation to shareholders.
Ardent Mills would be the new company formed for the venture between ConAgra Foods, Cargill and CHS Inc.
HSBC Holdings has decided to sell its two portfolios of consumer loans in the U.S. for $3.2 billion in cash as it continues to minimize business presence in the country following the housing market crash.
Allscripts buys partner dbMotion. In a clear move to expand markets, North American medical information firm Allscripts Healthcare Solutions is purchasing dbMotion, the Israeli healthcare provider.
Many banks interested in Chrysler buyout, according to CEO. After previous comments on the personal choice of Fiat CEO Sergio Marchionne, it was revealed that the Fiat CEO has talked to banks on financing a buyout of Chrysler's stake in the company.
Wells Fargo's chief financial officer Tim Sloan revealed during an investor conference that they may consider sale of mortgage servicing rights without any capital pressure.
