Shareholders challenge Murdock's buyout of Dole

In a lawsuit filed in a Delaware court, shareholders claimed that Dole Foods Co Chief Executive David Murdock manipulated events in order to have his 2013 USD13.50 per share buyout approved by the company executive board.


Spain's Bankia in talks to sell brokerage unit: source

Spain's Bankia had been in exclusive discussions with brokerage GVC to sell its own brokerage unit valued between EUR20 million and EUR40 million, said sources.

Freelancer plans for local IPO

According to a Reuters report, Freelancer.com would be planning a local IPO in Australia that would help boost Australia's fast-growing technology markets.

Polaris in discussion with NEC to sell IT services unit

According to sources, Polaris Financial Technologies had opened talks with Tokyo-based NEC Corporation to sell its IT division.


Latest News

Equity LifeStyle Properties Inc. announced its acquisition of Fiesta Key RV Resort valued USD24.6 million and was paid with available cash.
According to a source, Bank of America would appoint Alexandre Bettamio to its Latin America investment unit in Brazil.
I&B Ministry of India approved the proposed investment plan of Goldman Sachs Group to DEN Networks valued USD110 million.
Electronic Arts Inc. named Andre Wilson as new CEO after a six month search to fill the vacant position.
DE Mastre Blenders said it would appoint Pierre Laubies as the new CEO of the company once the acquisition deal with Joh A. Benckiser was completed.
On Monday night, Ecotality Inc. filed for bankruptcy protection in the US bankruptcy court in Phoenix and said it would auction its assets.
Last Tuesday, Jana Partners LLC disclosed its acquisition of 6.2% stake in Safeway Inc. through a regulatory filing.
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
The IPO of Twitter would determine if the microblogging site is Groupon, a bust or Google, a success.
The largest phone company in the United States, AT&T Inc would reportedly sell its wireless towers that would fetch around USD5 billion.
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