ISS, once a vociferous critic, now proposes the approval of the new merger deal between MetroPCS and T-Mobile USA.
Venture Capital
Provo Sells Network to Google for US$1
For a symbolic dollar, Provo sells its network to Google. Google's Fiber is destined to be located in Provo, Utah after the search engine giant has entered into an agreement with the city's network for just US$1.
Toshiba and SunEdison to build megasolar plants
Tohiba and SunEdison have entered into an agreement to build megasolar plants. Toshiba Corp and a unit of MEMC Electronic Materials Inc, SunEdison have entered into an agreement to build solar power plants in Japan.
OPKO Health announces growth activities
OPKO Health announced investment in OAO Pharmasynthez and partnership with Rusnano. OPKO Health Inc has announced that it would be investing about US$9.
Additional Funding for Allecra Therapeutics
Allecra Therapeutics raise new funding. Edmond de Rothschild Investment Partners disclosed to the public the primary investment of BioDiscovery 4 through its participation in the Series A financing round of Allerca Therapeutics.
Latest News
Despite assurances by the Egyptian PM, there is still no approval as to the EFG-QInvest merger. The Middle East's largest investment bank, EFG-Hermes has been awaiting notice from Egypt's financial regulator for the approval of its merger with QInvest of Qatar.
Glass Lewis has recommended the acceptance of new merger terms for T-Mobile and MetroPCS. In a 180 degree turn, proxy advisory firm Glass Lewis is now recommending to its MetroPCS Communications shareholders to approve the wireless service provider's merger with T-Mobile USA.
China conditionally approves Glencore-Xstrata merger. The merger plan of Glencore and Xstrata cleared its final hurdle when the Ministry of Commerce of China backed the deal's completion.
AMR Corp, the parent of American Airlines, is nearing bankruptcy exit and with that, merger of the two air carriers is near.
Powerwave Technologies gets a shot in the arm in the form of a credit facility from P-Wave Holdings, an affiliate of The Gores Group.
Dysis Medical closes latest funding round at US$11 million. DySiS Medical Ltd was able to complete GBP7. 4 Million or US$11 million on a round of capital infusion.
In a surprise move, Dish Network offers US$2.5 billion for a merger with Sprint-Nextel. Dish Network offers US$25. 5 billion to merge with Sprint Nextel.
OpenCoin finalizes successful financing round with angel investors. In an announcement, OpenCoin disclosed that it had closed a round of financial investments from angel investors.
Liberty Global's acquisition of Virgin Media granted unconditional EU approval. Last Monday, John Malone's US cable giant Liberty Global has received unconditional European Union regulatory apprival for the takeover of Virgin Media.
