Fairfax Holdings formalized a bid for BlackBerry at USD9 per share. In a surprise announcement, smartphone manufacturer BlackBerry had entered into an agreement to go private through a USD4.
Tags: Buyout
Blackberry Patents may raise Fairfax debt - report
Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.
Berjaya Philippines unit extends HR Owen buyout deadline
Berjaya Corporation Berhad's Philippines unit, Berjaya Philippines Inc, extended its GBP42 million or USD65 million takeover bid offer to minority shareholders of British auto dealer HR Owen to October 11.
Cevian's ThyssenKrupp stake is now at 5.2%, may acquire more - spokesperson
A spokeswoman for activist hedge fund Cevian said the fund had increased its holdings from less than 3% to 5.2% in German multinational conglomerate corporation ThyssenKrupp.
Dell to work with AlixPartners to reshape company after going private - sources
According to sources who were familiar with the matter, Dell Inc had been working with AlixPartners LLP to help the company turn its financial position around after its leveraged buyout by its founder and Silver Lake Management LLC.
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In order to save the debt of Telecom Italia from being downgraded to junk status, a future with Telefonica SA seems to be the best option available for the Italian telecommunications firm.
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.
Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.
US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.
Integrated Electrical Services Inc. announced today the completion of acquisition of MISCOR Group Ltd. paid through a combination of cash and stock.
New York Times' Dealbook reviewed several prominent private equity deals during the buyout boom, and gave an update how the companies had been faring.
The deal where America Movil bids for KPN Foundation is unclear. KPN, the Dutch telecommunications company, is in discussion with America Movil of Mexico as to Movil's EUR7.
Today, Dell Inc.'s founder Michael Dell announced that the majority shareholders of the company had voted in favor of his planned privatization of the computer maker firm.
Dell Inc shareholders started casting their votes to approve Michael Dell's buyout offer today.
