Sprint Nextel sued Dish on Monday after stating that its rival company violated the Delaware law. (Photo : REUTERS/Keith Bedford)People talk on their cell phones as passers-by walk past a Sprint store in New York.
Deals
Another Activist Investor Pressures Tim Hortons
Canadian restaurant chain, Tim Hortons faces another pressure from activist investor, Scout Capital Management after its announced stake increase in the company by 5.5% from the previous 1.5% as of the end of March.
J&J Engages in US$1 Billion Deal to Boost Prostate Cancer Treatment
Johnson & Johnson announced that it would pay US$1 billion to Aragon Pharmaceuticals and its experimental drugs for prostate cancer treatment.
Third Point Raises Stake in Sony Corp
Last Tuesday, Third Point LLC announced that it had raised its stake in Sony Corp to 70 million shares valued at US$1.4 billion.
Activist Image Strengthens As Starboard’s battle with Smithfield-Shuanghui Deal
Starboard's activist image is strengthened as it battles against China's Shuanghui International over its Smithfield Foods Inc. acquisition.
Latest News
According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.
Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.
Siemens to close Solel, its solar energy unit after failing to sell off the business. (Photo : Reuters)The image is the corporate logo of Siemens. Siemens, the German industrial conglomerate, has announced the shutdown the last unit of its solar energy business after it had failed to find a purchaser for the business.
In a bid to uplift consumer confidence, Beijing's Central Huijin Investment Co had invested in banks in the form of share purchases.
Tunisia received loan facility from IMF to boost capitalization of local banks. (Photo : Reuters)The image is the corporate logo of the International Monetary Fund.
Etihad Airways has forged an agreement with JAT Airways of Serbia. (Photo : Reuters)The image is the corporate logo of Etihad Airways. Etihad Airways of the United Arab Emirates has entered into an preliminary agreement with the government of Serbia as to a possible equity investment by the Gulf region airway in the country's JAT Airways.
Grupo BTG purchases Petrobras oil interests in Africa. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
New CEO for TeliaSonera causes increase in share values. (Photo : Reuters)The image is the CFO of TeliaSonera. The share values of TeliaSonera AB rose to its highest in a month after it appointed Johan Dennelind as its new CEO.
Formerly i2A Fund II, Chicago Ventures recently announced its close on a $40 million Series A fundraiser.
