Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.
Sectors
Revenues from nontraded REITs for 2013 surpass previous highs
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
Twitter IPO: Bust or Boon
The IPO of Twitter would determine if the microblogging site is Groupon, a bust or Google, a success.
AT&T will sell USD5 billion cell towers - sources
The largest phone company in the United States, AT&T Inc would reportedly sell its wireless towers that would fetch around USD5 billion.
IPO in the works for Checkers Drive-In - sources
Checkers Drive-In Restaurants Inc has been the latest restaurant chain that was purportedly preparing itself to go public.
Latest News
Lamborghini unveiled a model of Lamborghini Aventador LP-700-4 carved out of solid gold and adorned with precious metals and gemstones.
Sensor machine maker Lively Inc announced that it had raised an additional USD4.8 million from the closing of its Series A funding round.
Former Chief Customer Officer of Yammer David Obrand has been appointed by FuzeBox as its new Chief Executive Officer, replacing founder and former CEO Jeff Cavins.
After Microsoft announce the purchase of its handset business, the unveiling of the newest smartphone from Nokia is a watershed event for the future of the company.
Analysts believed that Grand Theft Auto 5 would become a billion dollar hit. Now that Grand Theft Auto 5 (GTA 5) has finally and officially hit stores, analysts said the game was poised to become a very big hit.
The Board of Directors of Microsoft Corp approved a new share repurchase program worth USD 40 billion.
Online communication and collaboration tools provider FuzeBox had raised USD26 in its recent funding round.
In an announcement made today, BDC Venture Capital would be investing an additional USD135 million to support Canadian companies in the healthcare sector.
Burberry projects growth in the Chinese market to continue despite government crackdown on luxury goods.
