Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.

CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.

Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.

Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.

Farallon Capital Management LLC acquired 9.91% stake from Nathan Tinkler making the fund the largest shareholder at Whitehaven Coal Ltd.

Google Inc. is looking actively for acquisitions from private equity alliances to help it structure its deals.

Japan's Astellas Pharma looks to sell its dermatology portfolio valued between US$500 million to US$1 billion.

Huawei Technologies Co said it had no plans to acquire Nokia as stated by the company's Vice President for external affairs.

Eastman Kodak Co. said on Tuesday that it will seek court approval to sell its rights priced at US$406 million.

Dish Network abandons its bid for Sprint Nextel before the Tuesday deadline stating that adding a new offer is impractical.

Carl Icahn promised Dell shareholders to buyback US$16 billion of its stock if they will join his campaign against privatization of the computer maker.

Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.

Vodafone increased its Kabel Deutschland offer matching it with Liberty Global's Eur7.5 billion bid.

Envision Pharma, Connecticut-based scientific services provider, is acquired by private equity firm The Halifax Group.

CloudByte, a California cloud company, raised $4 million in funds to add to its $2.1 million initial acquisition.

NVCA announced that Bobby Franklin is the association's new president. The NVCA (National Venture Capital Association) announced on Tuesday that it has named Bobby Franklin as its next president and Chief Executive Officer.

NTT, the largest IT and telecommunications company in the world, buys security service provider Solutionary.

Parakweet acquired $2 million in funding from several individual and angel investors. Parakweet, an online platform that offers product recommendations to the market, said on Tuesday that it has acquired $2 million in funding.

Private equity firm Denham Capital gave $100 million to Endeavor Energy as capital to fund the expansion of the company in Afria.

Mediware acquires Fastrack Healthcare Systems along with its 300 new clients and related expertise, services, products and contracts.

David Polk & Wardwell announced the entrance of Jon Leibowitz to its team of antitrust specialists. The Federal Trade Commission's ex-Chairman Jon Leibowitz is now joining Davis Polk & Wardwell's Washington D.

Tom Hayes, former trader at UBS AG and Citigroup Inc. was charged into manipulation of London interbank offered rate.

DFJ Esprit promoted its old employee, Scott Sage, to partner. DFJ Esprit recently announced the promotion of Scott Sage to partner. Sage has previously worked on the company as a venture capitalist and partner to many portfolio company decision-makers.

Airbus confirmed that US$11 billion deal with easyJet pushed through blowing away its US rival, Boeing.

CSM NV sold its bakery business to Rhone Capital while returning funds to its shareholders. CSM NV, a firm from the Netherlands, is giving back Eur250 million or $334 million, to its shareholders.

KAGI AG of Switzerland is acquired by Paragon Partners of Germany. (Photo : REUTERS)A man carries a tray of food to pass to the customers in a restaurant.

Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.

CareCloud acquired $20 million in series B funding after Tenaya Capital led the round. (Photo : Reuters)This is a representation of cloud technology. CareCloud acquired $20 million in Series B funding today.

Franklin Templeton completed its buyout of Pelagos Capital Management. (Photo : Reuters)This is the logo of Franklin Templeton Investments. Franklin Templeton Investments finalized a deal to acquire the remaining 80 percent stake of Pelagos Capital Management, an investment firm focused in alternative investments.

A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.