VENTURE CAPITAL POST

Glass Lewis follows ISS recommendation that MetroPCS Shareholders should vote against merger with Deutche Telekom AG's U.S. business unit T-Mobile USA.

MTS, the top mobile phone operator in Russian, has acquire a 25.1% stake in MTS Bank for 5.1 billion roubles.

Russia's A1, billionaire Mikhail Fridman's investment group, wants to file case against the planned merger of Tele2's Russian unit and state-run bank VTB, saying that it has the right to purchase Tele2 unit.

Portfolio manager Michael Steinberg at Steven A. Cohen's hedge fund SAC Capital Advisors was arrested on as part of a long-running investigation on insider trading.

Clark Hill PLC and Thorp Reed & Armstrong LLP announced that they will merge to create a combined firm that would help them provide more value to clients.

NeoPhotonics said that it had closed its acquisition of the LAPIS Semiconductor's semiconductor optional components business unit, which operates as the former's Japanese subsidiary.

Blackberry becomes ideal for a potential takeover as it reports good earnings.

TNT Express has decided to sell its its Hoau domestic road operations in China to private equity funds following UPS back-out.

Credit Suisse, the second-largest banker in Switzerland, has signed an deal to sell British wealth manager JO Hambro Investment Mangement Ltd. to investment company Bermuda National,

Banker VTB has successfully acquired the Russian operations of Swedish telecoms operator Tele2 as it hopes for potential investors.

ProMOS Technologies Inc. reached deal to sell 12-inch wafer fab to Silicon Valley-based contract chipmaker GlobalFoundries.

China's Dongfeng Motor Group decides not to continue bidding for a major stake in Fisker Automotive over loan obligations.

Liberty Global reaches deal with Barclays to purchase 12.7% stake in the latter's Ziggo.

Transportation equipment firm Toyota Industries Corp. made completion of its tender offer for shares in Cascade Corp.

Dutch coffee maker D.E. Master Blenders has been in talks on its buyout by a group led by Germany's Joh. A. Benckiser GmbH in an around 7.6 billion euro deal.