In a letter, MetroPCS urged shareholders to approve the merger with T-Mobile USA. MetroPCS Communications Inc is calling all its shareholders to vote for the approval of its proposed merger with T-Mobile USA Inc.
Deals
American Greetings Returns to Private Hands
American Greetings is privatized by the Weiss family. The founders of American Greetings Corp have reached an agreement to purchase the gift card and party goods firm.
Lear Agrees to Increase Buyback Program Amid Possible Proxy Battle
The auto parts maker has dodged a proxy war with investors Oskie Capital Management LLC and Marcato Capital Management LLC by deciding to increase its share buyback program.
Lack of Bidders for Pan Ocean Augurs Bad for STX Group
With the lack of interested buyers, the financial future of Pan Ocean and the STX Group is in jeopardy.
Suncor Shelves Upgrader Plans and Ships Direct to Refiners
Suncor, with its plan to ship to refineries directly instead of building an upgrading plant assures better returns for shareholders.
Latest News
Alupar would be raising nearly 1.16 billion reais for its IPO. Alupar Investimento SA is planning to raise 1. 16 billion reais or US$574 million in its initial public offering of shares of stock.
The proposed merger of MetroPCS Communications and T-Mobile owned by Deutsche Telekom AG appears to have more critics and oppositions in a bid to force Deutsche to offer sweet deal.
Dell would walk away if he is not retained as CEO. Michael Dell, in a statement, would only consider a buyout plan with Blackstone Group if the private equity guarantees that he remains as its CEO.
Redknee has closed its deal to purchase the Business Support Systems business unit of Nokia Siemens Network.
Areva chief executive officer Luc Oursel told French newspaper Le Figaro that they have interest in acquiring nuclear fuel producer Urenco.
Sources say that KKR has been making a deal to buy a majority stake in French fashion brands Claudie Pierlot, Maje and Sandro
Names such as the Carlyle Group, KKR and the Moulin family are bidding for the controlling stake in Maje, Sancro and Claudi Pierlot.
The Appellate Court of New York heard the arguments on the proposal of Argentina to provide a mixture of cash and bonds to pay off bondholders.
Private equity firm KKR has entered into exclusive talks to buy a majority of French fashion brands Maje, Sandro and Claudie Pierlot, according to a source familiar with the transaction.
