French billionaire Vincent Bollore is Vivendi's largest shareholder and is not seeking a paying position in the French conglomerate.
Sectors
Australian distressed debt buyers favor loan purchases from smaller firms- survey
A survey showed that buyers of distressed debt in Australia favored soured loan acquisitions from smaller firms.
Voters say no to Hard Rock International casino proposal
Voters rejected the casino proposal of Hard Rock International for West Springfield, Massachusetts. The casino proposal of Hard International for West Springfield, Massachusetts was rejected by voters in West Springfield, Massachusetts.
Dell secures shareholder approval for USD24.9 billion buyout - source
On a September 12 meeting at Dell Inc's headquarters in Round Rock, Texas, the company was expected to announce that CEO Michael Dell and Silver Lake Management LLC got shareholder approval to proceed with the USD24.90 billion leveraged buyout.
Gen Re settlement approved by US District Judge
The settlement paid out to investors for the collusion between Gen Re and AIG was already approved by US District Judge Deborah Batts.
Latest News
According to reports by the Wall Street Journal and Reuters, Norilsk Nickel could place a bid to acquire a 21.75% in billionaire Suleiman Kerimov- helmed potash company Uralkali.
After eight months, AT&T finally acquired the LTE spectrum from rival Verizon Wireless in a USD1.9 billion deal.
In seeking acquisitions for greater investment return, Danaher Corp is choosing between Spectris and Pall as its first purchase.
In documents filed by Dish Network's lawyers, they reiterate the five year ban agreed to by Falcone as well as the lack of evidence as cogent and sufficient reasons for the dismissal of the case filed by Harbinger Capital Partners.
Blackstone Mortgage Trust declared its first quarterly dividend of USD0.27 payable to shareholders of record after the trading closes by the end of this month.
Synnex Corp. announced that it would acquire IBM's BPO services through a combination of cash and stock payment.
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
Tesco would lend Yucaipa investment firm GBP80 million to take Fresh & Easy stores off its hand. UK based Tesco would lend US billionaire Ron Burkle's Yucaipa investment firm GBP80 million.
Twitter announced on Monday through a blog post that it had acquired MoPub without disclosing the financial terms of the deal.
