UPDATE: WSJ Reports US$100 million bid for Boston Globe

WSJ reports bid for Boston Globe pegged at US$100 million. According to a report from the Wall Street Journal, the New York Times Co received a formal offer on the Boston Globe in the amount of US$100 million.


UPDATE: Gardner Denver Considering KKR Offer

Gardner Denver mulling over US$75 per share offer from KKR. Gardner Denver Inc. 's board would convene on Monday to consider the US$3. 7 billion offer by private equity firm KKR and Co.

UPDATE: Heinz Buyout’s Hard Lessons

No one is safe without the numbers, message sent to industry by Heinz buyout. The buyout of H. J. Heinz by Warren Buffett's Berkshire Hathaway and others have placed many food executives of known brands properly warned that they either shape up or be shipped out.

Rosneft Plans Rival Takeover

Rosneft buys TNK-BP for over US$40 billion. If all goes according to plan, Rosneft would be taking over control over its major rival, TNK-BP. The two Russian oil companies would then complete the oil industry's biggest takeover in history, three months before the agreed upon deadline.


Latest News

CPU Technology's Acalis microprocessor business has been acquired by Boeing which is seeking to address the need of its customers worldwide to protect war fighters from information-assurance attack.
MCW Group acquires Perez Engineering in line with help grow customer base in key markets The MCW Group of Cos. said that Canadian Perez Engineering Ltd.
SAP paves way to develop real-time supply chain software solutions as it plans to merge with SmartOps
LivingSocial is convincing its investors to make another huge investment for the company as it suffers from sluggish daily deal activities.
Both Office Depot and OfficeMax have announced that they will appoint co-ceos after they complete their acquisition deal worth $976 million.
MCW acquires Perez Engineering. In a statement, the MCW Group of Companies announced that it was introducing MCW Consultants Inc. The new firm would take the place of the former Perez Engineering Ltd, which was acquired by MCW.
Credit rally makes hedge fund managers nervous for 2013. Hedge fund managers are scampering for safety as a huge credit rally evaporates investor confidence in the market.
Vanguard CIO chooses new heads of key groups. The new head of Equity Index Group is Joseph Brennan and included in his job description is looking after more than eighty different international and US index funds as well as exchange traded funds amounting to about US$1 trillion in assets.
New York Times has announced that is subsidiary Boston Globe is being valued at more than $100 million.
Consumer industry's annual meeting tackles Warren Buffett-H.J. Heinz merger Consumer Analyst Group of New York-sponsored consumer industry annual conference in Florida highlighted the acquisition of H.