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Vale exits Norsk Hydro with sale of remaining stake
Vale SA had sold the last of its 21.6% ownership in Norsk Hydro ASA following the sale of its non-core assets in order to focus on its more profitable business, which is in iron ore.
Google, KKR invests USD400 million in solar plant project
Search engine giant Google and private equity company KKR & Co. will be financing a solar power plant project for USD400 million. Six solar power plants were being built by Recurrent Energy LLC in California and Arizona.
GSN files lawsuit against Bash Gaming after latter backs out from acquisition deal
The Game Show Network insisted that Bash Gaming pay a premium based from the difference between its initial acquisition offer and the amount the latter received from an unnamed buyer after Bash rejects GSN's deal at the last minute.
Playful jabs between heads of Gawker and Business Insider spurs potential merger, partnership rumors
Nick Denton and Henry Blodget played down rumors of a potential merger between blog collective Gawker Media and Business Insider in a media conference and discussed about a partnership using Gawker's Kinja comments platform.