Media General Inc and New Young Broadcasting Holding Co would be waiting for regulatory approvals in order to complete the merger after obtaining positive shareholder vote from the Richmond-based broadcasting company.
Telecommunications
Deutsche Telekom acquires landline based GTS Central Europe
GTS Central Europe would provide expanded services through landline infrastructure to its purchaser Deutsche Telekom.
Czech telecoms vie for frequencies as regulator opens bidding today
The Czech regulator intended to open the bidding of a frequency tender starting today. The Czech Telecommunications Office planned to conduct the bidding of a mobile spectrum tender today.
Buyers rush to IPOs of private equity-owned Numericable, Merlin Entertainments
Private equity-owned Numericable and Merlin Entertainments held successful initial public offerings despite holding higher debts.
Deutsche Telekom acquires GTS from private equity companies
Deutsche Telekom would be buying GTS Central Europe from private equity firms in a EUR 546 million transaction.
Latest News
Numericable experienced a significant and record increase in share prices on its first day on the stock exchange.
Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.
The assets it owns in Argentina as well as towers in Italy and Brazil are but some of the assets seeking Telecom Italia seeks to unload.
Manitoba Telecom Services Inc may sell stock for pension plan after Canada says no to Allstream sale
After regulators rejected the plan to sell its Allstream business division to Egyptian firm Accelero Capital Holdings Sarl Group, Manitoba Telecom Services Inc said it might sell its stock to fund the shortfall of its pension plan.
Former Netflix executive Ariel Tseitlin joins Scale Venture Partners as its newest venture partner. Former Netflix Director of Cloud Solutions Ariel Tseitlin would become one of the newest partners at Scale Venture Partners.
CIT Corporate Finance provided a senior secured credit facility worth USD 35 million to wireless communications towers operator Central States Tower II.
A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.
Vimpelcom's third quarter earnings affected by African and Asian regulations as well as Italy's fee charging ceiling for use of competitor networks.
Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.
