Carl Icahn, the activist investor known to take major seats in companies and push for management change, had announced raising his stake in Nuance Communications Inc.
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TH Lee Partners LP obtains dismissal of conspiracy charges filed against them
TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.
Wal-Mart spearheads loan funding for Bangladeshi factory safety
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
Pure Storage closes record setting funding round
Pure Storage was able to raise USD150 million in its latest funding round for its operational expansion in the data storage market.
Insight Equity Holdings welcomes new members to its team
Insight Equity Holdings announced the hiring of two new vice presidents and three new associates to its management team.
Latest News
According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.
Several speculations stated that the giant software maker Microsoft Corp. would acquire stake in Foursquare Labs.
Potbelly Corp. announced its initial public offering as it intends to raise USD75 million to pay a previously declared cash dividend.
According to sources, CSN might call off the deal with German steelmaker ThyssenKrupp if the its Alabama plant would not be included in the offer.
NASDAQ OMX Group identified a software bug that had caused the three hour trading halt last August 22.
KPN foundation had intervened to block the EUR7.2 billion America Movil-KPN deal to safeguard the group's stakeholders.
L'Oreal CEO Jean-Paul Agon said that the company would be ready to buy Nestle's stake in the company which was valued at EUR22 billion.
A second financial crisis was predicted to hit Asia in the next 12 to 18 months that originated from the US after its Federal Reserve announced stimulus reduction.
Blackberry, the leading mobile device in India, had announced selling its global operations unit but would remain business as usual to ease fears of Indian users.
