Dentsu sells US$1.2 Billion in shares to fund debt acquired from Aegis bid

Japan's advertising company, Dentsu, would sell US$1.2 billion worth of shares to fund the debt it acquired when it took over Aegis.


Bitcoins Confusing But Future Looks Bright, Say VCs

Venture capitalists said that Bitcoins was confusing but its future looks bright. (Photo : Reuters)The image is the logo of Mangrove Capitalist, an early investor in Skype, which attended the Bitcoin London Conference on Tuesday.

Cengage Learning files for bankruptcy protection due to US$5.8B current debt

Cengage Learning filed for bankruptcy protection under chapter 11 due to its US$5.8 billion debt. (Photo : )The photo demonstrates Cengage Learning's logo.

Bidding For Optus Continues

Final bidding for Optus underway. (Photo : Reuters)Optus Satellite sale largest telecommunications deal in Australia The final round of bidding for Optus is well underway.


Latest News

Vestas Wind System earned its second in the month wind turbine order from South Africa. Vestas Wind System won a 93-megawatt wind turbine contract in South Africa.
Video companies, such as YuMe and Justin.tv, raise funds through IPOs. Several video companies, including YuMe and Justin. tv, raised funds via initial public offerings (IPOs).
LCS and CareSouth Announced their plans for a joint venture. (Photo : Reuters)Joint Venture For CareSouth and LCS announced. LCS, the leader in senior lifestyle care and CareSouth, the leading regional provider for home health services, announced their joint venture, Health at Home.
UniTek Global Services, Inc. received a commitment letter for US$75 million asset-based revolving credit facility.
Dell Founder, Michael Dell has been advised by experts to raise his current offer of $24.4 billion to Carl Ichan
Credit Suisse's falling stocks boded ill for other Swiss stocks. (Photo : Reuters)The image shows an office of Credit Suisse, whose falling stocks indicated a drop of other Swiss stocks as well.
Adcock Ingram Holdings Ltd. received a non-binding proposal from Chilean drug manufacturer CFR Pharmaceuticals SA for US$1.3 billion.
Syngenta announced their intentions to acquire MRI Seed Zambia Ltd and MRI Agro Ltd. (Photo : Reuters)Syngenta announced today plans to acquire MRI Seed Zambia Ltd and MRI Agro Ltd.
GI Dynamics announced the completion of its Private Placement and Launch of Share Purchase Plan to eligible stockholders.
Pimco Total Return Fund of Bill Gross recorded US$9.9 billion withdrawals due to Federal Reserve's scaling back of its own purchases.