TELEHOP COMMUNICATIONS INC SAYS THE PURCHASE PRICE FOR THE BUSINESS WILL BE $4.3 MILLION Telehop Communications Inc. today announced its expansion into Wireless Services by signing a Letter of Intent to acquire G3 Telecom's Business including wireless and United States operations, and a private placement of $3 million of 10% unsecured 5 year debentures.
Regions
Cinema chain AMC Entertainment plans to raise up to $368 mln from IPO
U.S. cinema chain AMC Entertainment Holdings Inc plans to raise as much as $368 million from an initial public offering of 18.4 million Class A shares.
Experts say Amazon drones faced with tremendous obstacles- report
According to a Financial Times report, Amazon faces safety and regulatory hurdles before it can get its plan to use drones to deliver packages to consumers off the ground.
EIG Global Energy Partners secures USD 6 billion for Fund XVI
EIG Global Energy Partners successfully closed its sixteenth fund with USD 6 billion in capital commitments from 150 limited partners coming from 18 countries. it is the largest fund so far in the firm's history.
OIL STATES ACQUIRES QUALITY CONNECTOR SYSTEMS
Oil States Industries, Inc., subsidiary of Oil States International, Inc., has acquired Quality Connector Systems, LLC, headquartered in Houston, Texas. QCS designs, manufactures and markets a portfolio of proprietary deep and shallow water pipeline connectors for subsea pipeline construction, repair and expansion projects.
Latest News
NCR Corporation announced that it had agreed to purchase Digital Insight Corporation for $1.65 billion, and that it had completed the acquisition of Alaric Systems Limited, for approximately $84 million.
U.S. online sales are expected to hit $2 billion on "Cyber Monday," for the first time since the data firm comScore has been tracking such information.
The U.S. Chamber of Commerce on Monday called for changes to the U.S. financial risk council that could slow the process by which it designates large financial firms as "systemic," subjecting them to tougher supervision.
BlackBerry Ltd is "very much alive, thank you," Interim Chief Executive John Chen affirmed in an open letter on Monday in which the smartphone maker committed itself to rebuilding as a niche player concentrating on the enterprise market.
A second data center in Amsterdam was launched by software Design Description (SDD)-only web hosting and cloud infrastructure provider DigitalOcean as part of its strategy to meet customer demand in cloud services.
Tech news site TechCrunch believes that Yahoo Inc's acquisition of natural language processing technology builder SkyPhrase is to improve its content delivery to its mobile audience.
Forest Laboratories Inc, which is facing patent expirations on several of its biggest drugs, on Monday said it plans to buy rights to a new schizophrenia treatment from Merck & Co and cut annual operating costs by $500 million in fiscal 2016.
Wipro Ltd announced today in a statement that it is set to acquire Opus Capital Markets Consultants LLC, a US-based mortgage services provider in order to expand its offerings to its financial services clients.
Dow Chemical revealed its plans today to divest its USD5 billion worth of assets, which was way more than the range chief executive Andrew Liveris initially declared in October.
