Illinois-based niche pharmaceutical firm Akorn Inc acquired the US rights to three branded ophthalmic products from New Jersey-based international pharmaceutical company Merck for USD52.8 million.
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Ackman bets big on Freddie and Fannie
Activist investor Bill Ackman's Pershing Square hedge fund announced its intention to acquire almost 10% stakes each in troubled mortgage finance companies Fannie Mae and Freddie Mac.
Barrick and Goldcorp seek sale of Nevada mine
Canadian large-scale gold mining companies Barrick Gold and Goldcorp have separately hired banks to explore the sale of their jointly owned Marigold mine in Nevada.
Investors pour seed funding to MovieLala
Jim Moloshok, Larry Braitman and Adam Nash provided seed funding to MovieLala, a social network and movie marketing platform that connects moviegoers, studios and stars.
Three rivals compete to buy Rexam packaging unit
UK-based company Rexam received offers to buy its healthcare packaging unit from Silgan Holding Inc, Berry Plastics Group, and Gerresheimer for less than USD1 billion.
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New York-based financial magazine publisher Forbes Media hired Deutsche Bank to explore the sale of the company, which could potentially be valued between USD400 million and USD500 million.
Finland-based tech startup Jolla Ltd announced that it will launch of its first pricey smartphone called Jolla on Nov 27, which is powered by Nokia's obscure MeeGo software.
The troubled US Postal Service (USPS) reported an annual loss amounting to USD5 billion for the fiscal year that ended on September 30 despite efforts to improve profitability.
While banks received USD2.3 billion in quantitative easing, they haven't been lending to small businesses and consumers and have pushed then to peer-to-peer lenders.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:Warren Buffett's Berkshire Hathaway Inc disclosed on Thursday a new $3.
This week, Google rolled out an iPad-focused update to its Gmail for mobile apps, which can be downloaded for free in the Apple iTunes Store.
Hundreds of PlayStation fans braved the chilly weather in New York to line up and wait for Sony's midnight launch of the long-awaited PlayStation 4 game console.
IPO candidate British game maker King revealed its Candy Crush Saga title has been downloaded over half a billion times and played over 150 billion times to date.
The Board of Directors of Income Streams III Corporation announced the final regulatory approval for its merger into Dividend Split Corp which is set to take place on December 1, 2013.
