According to a lawsuit filed by wireless communications firm LightSquared Inc, Dish Network Corp and its chairman, Charles Ergen had schemed to ensure that the latter would be able to obtain the former's broadband spectrum.
Deals
Private equity firms turn away from renewable energy investments- report
A report from the Financial News website said private equity companies were now looking for investments in fossil fuels prompted by large discoveries of shale gas in the US.
Bidders in negotiations to add more partners to AIG's ILFC buyout - sources
Sources who were familiar with the proceedings said the bidding group who planned to buy the aircraft-leasing unit of American International Group Inc would be welcoming Chinese financier Xiao Jianhua and Taiwanese tycoon Richard Tsai as its additional partners.
China's bonds sell at 50-year high yield as borrowing costs increase
China's recent government CNY20 billion or USD3.3 billion bond sale recorded a 5.3% yield, which was the highest obtained by the mainland since selling debt since 2009.
Gree seeks acquisitions to expand beyond gaming
Combined Japan-US app maker Gree Inc planned to acquire several undisclosed businesses in order to expand its product portfolio beyond the social gaming arena amid plummeting revenue.
Latest News
The New Zealand government said it planned to sell 20% of its stake in Air New Zealand to cut down public debt and spend on infrastructure projects.
Newcastle Airport Authority Ltd was reportedly planning to sell half its stake to infrastructure investors such as IFM Investors Ltd and other superannuation funds next year.
Private equity firm Boyu Capital has experienced the pressure that the delay in the long-awaited initial public offering of Chinese e-commerce giant Alibaba has caused.
Philippine-based GT Capital Holdings Inc, which is owned by tycoon George Ty, announced its interest in contesting SM Group's PHP54.5-million proposal for the 300-hectare reclamation project in Pasay City.
Spain's largest media firm Promotora de Informaciones or Prisa was close to reaching a refinancing agreement with its creditors for its EUR more than 3 billion debt, sources told Bloomberg.
England-based Thomas Cook's chief executive Harriet Green announced the sale of its foreign exchange unit to Moneycorp, a rival backed by the Royal Bank of Scotland.
Washington-based private equity firm Carlyle Group LP expressed its interest on bolt-on acquisitions in Malaysia, citing its very good experience with the acquisition of Davex Holdings Bhd last year.
The National Bank of Greece is close to finalizing an agreement to sell its fully-owned real estate business Pangaia to private equity firm Invel Real Estate.
Venture capitalist have continued to pour money in new media firms despite the potential hazards in the hope that the startups will be able to lure advertising money, according to a Reuters report.
