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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: acquisition

acquisition stories: 97 news summaries

41 - 60 of 97 Stories | << Prev 1 2 3 4 5 Next >>

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 JP Morgan Buys Bear 
  Stearns for $2 a Share  

Deal rushed today to avoid filing for bankruptcy

Mar 16, 08 6:35 PM CDT
(Newser) - JP Morgan has agreed tonight to buy Bear Stearns for a scant $2 a share, a bargain-basement price—stock closed at $30 a share—that demonstrates the urgency of staving off the collapse of the venerable investment bank and widespread panic in financial markets, the AP reports. The Bush administration... More »

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stock market • Wall Street • Bear Stearns • acquisition • Asian markets • James Dimon • JPMorgan Chase

EA Gets Hostile in
'Grand Theft' Takeover Bid

Video game maker plans to bypass Take-Two management

Mar 13, 08 10:21 AM CDT
(Newser) - Electronic Arts is renewing its $2 billion bid to take over rival Take-Two Interactive—but this time the offer will go directly to the video game maker's shareholders, in a sign the potential deal may be turning hostile, reports the Wall Street Journal. EA’s initial offer was rejected... More »

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hostile takeover • acquisition • EA Sports • Electronic Arts • Take-Two Interactive Software • Grand Theft Auto IV

Take-Two Promises Solid 2008

Game maker upbeat despite losses; rebuffs EA takeover talks 

Mar 12, 08 8:25 AM CDT
(Newser) - Videogame maker Take-Two Interactive—owner of gamer favorites Grand Theft Auto and Bioshock—said first quarter losses jumped nearly 77% to $38 million while revenue fell some 13% to $240.4 million, reports the New York Times. But the company projected an upbeat 2008 with revenues growing 40% to $1.... More »

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acquisition • EA Sports • revenue • Take-Two Interactive Software • takeover bid • Soleil Hudson Square Research • Grand Theft Auto IV • Bioshock

Microsoft Talks Tough; Proxy Battle Likely

Gates says Yahoo should 'take a hard look' at $41.6B bid

Feb 20, 08 9:53 AM CST
(Newser) - Microsoft, at loggerheads with Yahoo over its $41.6-billion offer for the popular web portal, is talking tough, threatening a proxy battle to unseat Yahoo’s reticent board of directors, reports the Wall Street Journal. But even a win, which experts say would be relatively cheap to achieve, could cost... More »

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Yahoo • Microsoft • MySpace • Bill Gates • Jerry Yang • acquisition • News Corp • AT&T • proxy battle

Yang Justifies Rejected Microsoft Bid

Says Yahoo uniquely positioned in growing online ad market

Feb 14, 08 2:07 PM CST
(Newser) - Jerry Yang believes Microsoft’s $44.6 billion bid for Yahoo was too low because it does not take into account the company's “unique position” in the growing online advertising market, the New York Times reports. In a letter sent to shareholders today, Yang inventoried Yahoo’s advantages: its... More »

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Yahoo • Microsoft • online advertising • Jerry Yang • search engine marketing • acquisition • buyout • search engine • Steve Ballmer

Economic Worries Propel Silicon Valley Deals

Oracle and Sun Microsystems may be only tip of the iceberg

Jan 17, 08 12:59 PM CST
(Newser) - Recent acquisitions by Sun Microsystems and Oracle could be the opening round of new Silicon Valley deal-making, the Wall Street Journal reports, as tech companies worried about a US economic slowdown seek to strengthen their positions. Smaller companies struggling to stay afloat are tempting targets; bigger fish also want to... More »

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Silicon Valley • mergers and acquisitions • IBM • Sun Microsystems • Oracle • acquisition • BEA Systems • MySQL

Hawks Circling Subprime Carnage

JP Morgan's Dimon among the survivors looking to clean up

Jan 17, 08 12:33 PM CST
(Newser) - After largely dodging the subprime bullet that tore through most of Wall Street’s big banks, JP Morgan Chase is looking to make a move, the Wall Street Journal reports. Buoyed by three years of cost cutting and refocusing its business, Morgan has nearly doubled its mortgage market, is flush... More »

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subprime mortgages • acquisition • JPMorgan Chase

Oracle Wins BEA With Sweetened $8.5B Bid

Deal for business software maker closes after Ellison bumps price

Jan 16, 08 7:51 AM CST
(Newser) - Business software maker Oracle continued its yearlong buying spree, closing a contentious deal with middleware maker BEA Systems after raising its offer to $8.5 billion, or $19.38 a share, Bloomberg reports. In October, Oracle offered BEA $6.7 billion, or $17 per share, and was rejected. Instead BEA,... More »

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Silicon Valley • Larry Ellison • Oracle • software • acquisition • Nasdaq • BEA Systems • middleware

Bank of America Buys Countrywide for $4B

Stock package saves nation's
largest mortgage lender

Jan 11, 08 6:52 AM CST
(Newser) - Bank of America, five months after throwing a $2 billion lifeline to rapidly sinking Countrywide Financial, will pay nearly $4 billion in stock to save the damaged mortgage lender. The deal makes BofA the nation's largest mortgage lender and loan servicer and should help build a bulwark against the still-spreading... More »

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Bank of America • acquisition • Countrywide Financial • subprime crisis • financial crisis

Microsoft to Buy Yahoo: Blogger

Says software company has sent a clear signal of intent

Nov 18, 07 1:24 PM CST
(Newser) - Microsoft wants to buy Yahoo, blogs Huffington Post’s Henry Blodget—there’s no other way to interpret comments made by a honcho Thursday that the Bill Gates brand plans to up its online search market share from its current 10% to 30%. Do the math, says Blodget: Acquiring Yahoo’... More »

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Yahoo • Microsoft • acquisition • online • search engine • rumor

IBM to Buy Canada's Cognos for $5B

Company's software products model business decisions

Nov 12, 07 12:19 PM CST
(Newser) - IBM will buy Cognos for $5 billion, the latest in a rash of “business intelligence” software acquisitions. The move could help IBM keep up with SAP AG and Oracle, each of which recently teamed with similar companies, the AP reports. The purchase price is a 9% premium over Cognos’... More »

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IBM • Oracle • software • acquisition • business intelligence • Cognos • SAP AG

FCC OKs $24.7B Alltel Buyout to Private Group

But wireless carrier's new owner faces "unnecessary" restrictions, commish says

Oct 27, 07 11:34 AM CDT
(Newser) - The FCC approved a $24.7 billion takeover of Alltel yesterday, but not without imposing some restrictions on the deal and criticism from two of its top officials. Alltel, the nation’s fifth-largest wireless carrier, will now transfer its licenses to TPG Capital and GS Capital Partners, a subsidiary of... More »

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FCC • Goldman Sachs • telecom industry • acquisition • buyout • Universal Service Fund • Michael Copps • Kevin Martin • Little Rock, Arkansas • Alltell

Dish Network Parent Buys Slingbox

EchoStar will own
brand that puts TV on your PC

Sep 25, 07 3:45 PM CDT
(Newser) - EchoStar Communications, owner of the Dish Network, has agreed to acquire the maker of the Slingbox for $380 million. The satellite TV provider should close on the deal to buy Sling Media by year’s end, the AP reports. The Slingbox allows any Internet-connected computer to receive standard TV signals. More »

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acquisition • DVR • satellite TV • EchoStar • Sling Media • Slingbox

Acer to Buy Gateway for $710M

Stock jumps 50% following announcement

Aug 27, 07 1:38 PM CDT
(Newser) - Gateway’s stock jumped 50% today on news that Taiwan’s Acer will buy the former PC giant for $1.90 a share, MarketWatch reports. The acquisition leapfrogs Acer over Lenovo to the No. 3 spot in world computer sales. Meanwhile, Gateway said it will execute its right of first... More »

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stocks • acquisition • Gateway • Acer • Lenovo • eMachines • computer

Murdoch’s Shadow Looms at Journal

Are calls to reporters
a sign of generosity or more like handcuffs?

Aug 24, 07 2:25 PM CDT
(Newser) - Rupert Murdoch is on a yacht in the Mediterranean, but his presence is already being felt at the newspaper in lower Manhattan he doesn't own yet.  The media baron rolled up his sleeves and called three reporters at the Wall Street Journal—which he bought for $5 billion last... More »

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newspaper • Rupert Murdoch • Wall Street Journal • acquisition • buyout

Shareholders
OK Tribune Takeover

But analysts say
Zell's bid should
be lowered

Aug 21, 07 1:41 PM CDT
(Newser) - The Tribune Co.’s shareholders approved Sam Zell's $8.2 billion takeover today, nudging the publisher one step closer to private ownership. But some analysts remain skeptical that the deal will go through as planned—the company’s declining profitability since the April announcement has triggered speculation that the... More »

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Chicago Cubs • Sam Zell • FCC • Chicago • Tribune Company • shareholders • privatization • acquisition • takeover • Los Angeles Times • JPMorgan Chase

Court Stalls Whole Foods Merger

FTC wins 2 days to argue that $565M
Wild Oats deal would ruin competition

Aug 21, 07 7:18 AM CDT
(Newser) - A federal court issued a temporary injunction yesterday preventing Whole Foods from buying Wild Oats—at least today. The three-judge panel wants extra time to consider the FTC's argument that combining the nation's two largest organic food retailers would destroy competition. The companies will file additional briefs by tomorrow, and... More »

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food • retail • Whole Foods • Wild Oats • acquisition • FTC

HSBC Shops for Controlling Stake in KEB

Bank looks to strengthen presence
in Korean economy

Aug 20, 07 3:29 PM CDT
(Newser) - HSBC is in talks to buy a controlling stake in Korea Exchange Bank from the U.S. private equity group Lone Star. A local newspaper has reported that the deal would be worth $4.5 billion. HSBC wants to strengthen its presence in the Korean economy, and Lone Star has... More »

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bank • acquisition • US economy • HSBC • Korea Exchange Bank • Lone Star • Kookmin

Trib Deal Could Come Undone

Wall Street unsure of Zell takeover will go through

Aug 20, 07 3:21 PM CDT
(Newser) - The Tribune Company’s shareholders are meeting tomorrow to approve Sam Zell’s $8.2 billion takeover, but whispers persist on Wall Street that the deal will crumble. A disappointing stock price, concerns about the fading newspaper business, and a sagging credit market have convinced some analysts that Zell’s... More »

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Wall Street • Chicago Cubs • Sam Zell • Tribune Company • acquisition • takeover • buyout • Los Angeles Times • Newsday • New York Times Company • McClatchy

FTC Spills Trade Secrets

Redacted portions were
actually easily legible

Aug 15, 07 3:04 PM CDT
(Newser) - While investigating Whole Foods Market's proposed takeover of competitor Wild Oats, the FTC accidentally released dozens of Whole Foods' trade secrets. The commission filed documents electronically without realizing that redacted portions were actually legible, just shaded. Among the secrets: how Whole Foods negotiates with suppliers to drive up prices at... More »

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Whole Foods • Wild Oats • acquisition • FTC • trade secrets

41 - 60 of 97 Stories | << Prev 1 2 3 4 5 Next >>


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