Billionaire activist Carl Icahn had withdrawn his campaign to block the leveraged buyout offer of Dell-Silver Lake.
Deals
SEC lawyer accuses billionaire Mark Cuban of insider trading
SEC Lawyer Jan Folena said Mark Cuban cheated when he sold his shares in an Internet firm nine years ago.
Dubai market eyed by Asian investors
Dubai is being eyed for a USD150 billion investment push from Asian institutional investors. Institutional investors from all over Asia had placed the Dubai market in its crosshairs as a place to invest nearly USD150 billion.
Cooper Tire seeks court intervention to move Apollo Tyres to complete acquisition
A suit had been filed in the Delaware Chancery Court to compel Apollo to complete its acquisition of Cooper Tire.
Haldia Petrochem share sale to be done on Monday
Five companies would be vying for the West Bengali government's shares in Haldia Petrochemicals Ltd through a bidding process.
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Market sources had told Reuters that Bank Gospodarki Żywnościowej (BGZ) SA would be getting a potential bid from PZU Group-backed Alior, a Polish lender.
Asian creditors may be the least of the worries of the US government even if the US Congress would fail to raise its debt ceiling.
On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.
According to a report from Reuters, bad publicity would cause a great impact on an upcoming deal as stated in the Journal of Financial Economics by Baixiao Liu and John McConnell.
Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.
Sources told Reuters that Silver Lake and TPG Capital LP, owners of hardware and software giant Avaya Inc, were contemplating on a sale of the company after plans for a public listing fizzled out.
Google, SAP and Cisco had been in discussions to possible acquire struggling smartphone maker BlackBerry, said a Reuters report.
French clothing retailer Vivarte had been in discussions regarding a possible reset of its loan agreements to make its EUR2 billion debt easier to manage, said a Reuters report.
