According to a report by VentureBeat, Apple Inc would have to tread carefully with advice from investor Carl Icahn.
Deals
Empire State announces IPO pricing
Empire State Realty Trust Inc. announced today pricing its initial public offering valued at USD13 per share piece.
American Tower completes purchase of Global Tower Partners
Today, American Tower Corporation announced completed acquisition of MIP Tower Holdings LLC, the parent firm of Global Tower Partners.
Dealertrack completes CFM and VINtek acquisitions
Today, Dealertrack announced completing its acquisition of VINtek and Customer Focused Marketing Inc.
Texas drops out of suit to stop American Airlines-US Airways merger
The state of Texas had dropped out of the lawsuit filed by the US Justice Department to block the US Airways-American Airlines merger, according to a Reuters report.
Latest News
Japanese firm Sumitomo Corp would be buying Los Angeles-based steel products maker Edgen Group Inc in a USD520 million deal, according to Reuters.
Social media backup startup SocialSafe received an additional USD1 million in investment commitments with Microsoft Corp researcher Gordon Bell as its investor and advisor.
Israel-based venture capital firm Pitango Venture Capital said it had closed its recent funding round with USD270 million worth of funds.
Wolseley Private Equity sold all its shares in nexmedia to Forum Media Group. Australian-based Wolseley Private Equity said it had exited from nextmedia.
Despite an ownership dispute, Electricite de France (EDF) said it was in exclusive discussions with Dalkia France for the purchase of urban lighting firm Citelum.
Campbell Soup Company announced that it had signed a definitive agreement with CVC Capital Partners for the sale of its European meals business.
Log management and analytics startup LogEntries recently received USD10 million in Series A funding led by Polaris Venture Partners.
A report by information technology news site Techcrunch said multinational semiconductor chip maker Intel Corporation recently acquired security company Sensory Networks for USD20 million.
Indigo Partners would be buying Frontier Airlines from Republic Airways Holdings Inc for USD 36 million in cash.
