Special committee acquiesces to Michael Dell's offer. After months of speculation and back and forth discussions, a special committee comprising Dell Inc's board of directors announced that after evaluation, the best alternative for shareholders would be to sell off the company.
Software & IT services
Carl Icahn Opposes Privatization of Dell
Icahn and Dell in opposing sides regarding the privatization of Dell Company. Carl Icahn has joined calls for Dell to pay a special dividend totaling $15.
Samsung to Close Deal with Apple Inc.'s Key Display Supplier
South Korea's Samsung will be acquiring 3% Share in one of Apple Inc.'s Asian key display suppliers, Sharp Corp., as it dominates in overseas markets.
Sohu's Stock Rally Buoyed with Buyout Talk
Sohu stocks increase in value on rumored privatization. China's second biggest online video website Sohu. com has increased in value as it lead the gains of Chinese stocks on the basis of a news report saying the company would be privatized.
Splunk to Command Highest Prices in Years
Splunk's lack of competition makes it a record price sale for acquisition. Splunk, the software maker that provides a service that is able to sift through information from websites to networks through tracking inventory, has been able to double its value since its IPO back in April.
Latest News
ISS and Glass Lane calling for heads to roll in Autonomy takeover loss. Two proxy advisers have called out to fellow Hewlett Packard shareholders to move for the ouster of several board directors.
Southeastern Asset Management has formally filed notice for Dell to open its books for review. (Photo : Reuters) The image is Michael Dell making a presentation to shareholders.
Security firm G4S has decided to sell its government business unit in the U.S. as the country struggles from budget cuts.
Facebook to answer lawsuit over IPO misinformation. Facebook, still reeling from the fiascos of its IPO, is now facing another shareholder lawsuit. The world's biggest social networking company's executives, namely founder and CEO Mark Zuckerberg, its board and other officers for the damage sustained.
American healthcare firm Allscripts has bought Israel's software provider dbMotion in a deal amounting $235 million.
Singapore Telecommunications, along with Amdocs, a software provider for telecoms, have opened a new development center in Israel in addition to similar centers in Singapore and Boston.
Owners of Vuclip and Jigsee swap shares. In a rather complicated deal, XinLab Inc. who operates Vuclip has acquired startup Jigsee through an all stock deal.
Piraeus is now the shipping hub for HP through Cosco Shipping. A deal was inked between Hewlett-Packard and Cosco to make Piraeus, Greece a key hub for supply and distribution.
Foxconn to dissolve JV with Metro AG. Foxconn Technology Group, after its failed joint venture with Metro AG, a German retailer has said it will turn to China for expansion of its retail business.
