P.Schoenfeld Asset Management LP has called for the resignation of MetroPCS CEO for irregularities and conflict of interest.
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CBS to acquire TV Guide Network
CBS Corp, the television giant would include TV Guide Network to its fold for over US$100 million. An anonymous source has confirmed that CBS Corp would purchase a 50% stake in TV Guide Network.
Blackstone and Icahn May Offer Bids for Dell Inc.
The board is awaiting submissions from Blackstone and Icahn's firm as to an offer to acquire Dell Inc.
Barclays Declares Shares in Ziggo
Despite offer for sale, Barclay's shares in Ziggo too expensive. Barclays was constrained to report its 14. 2% share in Zigoo, the Dutch cable company after the bank was unable to sell its shares during the stock sale it had conducted this week.
Modelo Group to Sell Off Convenience Chain
Modelo is selling off its convenience chain Extra. (Photo : Reuters)The image is a stack of Modelo beers in can in a row, who is subject to an antitrust suit by the US Justice Department.
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Proto Labs distinguishes itself from 3D printing, prepares for first purchase. Custom made prototype builder Proto Labs Inc is preparing to make its first acquisition in fourteen years.
Warburg Pincus opens Bausch & Lomb for IPO at the same time seeking purchaser for the company. Bausch & Lomb Holdings Inc has recently filed papers with US regulators for its initial public offering.
Esure and Greencoat performance in London bourse is portent of things to come for the market. Two companies provide the barometer for new stock offerings last Friday, as they attracted strong demand at the time when there is a clear improvement in investor confidence.
Piraeus bested rival Alpha Bank to become the manager of Cypriot lenders Bank of Cyprus and Cyprus Popular Bank.
The US, with its latest megadeals, lead the volume in mergers and acquisitions, overshadowing the bleak future of Europe and Asia.
The reported interest of Nelson Peltz in Pepsico and Mondelez caused share prices of the two food giants to increase.
Despite the clamor for more executive payroll controls, Credit Suisse decides to increase the pay of its CEO in 2012.
AXA stands to earn from purchase of its private equity subsidiary. In a statement, AXA is expecting to receive Eur 200 million or US$259. 94 million gain from the buyout of its private equity unit.
After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.
