CenturyLink receives USD54 million FCC grant

CenturyLink Inc would receive USD54 million from the Connect America Fund of the FCC to finance the broadband services in suburban homes of high-cost areas.


Telepathy raises USD5 million to create Google Glass' rival

The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.

China Resources places bid for ParknShop

China Resources submitted an offer to buy ParknShop, the Hong Kong supermarket chain. China Resouces placed its own bid to acquire ParknShop, said the group's Chief Financial Officer Frank Lai.

BioReference declares strategic purchase of Edge BioSystem

BioReference Laboratories made known its definitive agreement for the acquisition of BioSystems CLIA,


Latest News

Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.
Worldwide Internet Inc. announced today that it would acquire a portfolio asset in Greener Wind Solutions after it had completed acquisition of assets at Ludvik Holdings Inc.
Abbott announced the completion of its purchase of IDEV Technologies Wednesday. Abbot reported today the finalization of its acquisition of IDEV technologies for USD 310 million.
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
PTAH Holdings announced talks for acquisition of Midwest based trailer leasing company. PTA Holdings Inc announced a plan to purchase an undisclosed trailer leasing company that is based in the Midwest.
GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
Billionaire Carlos Slim's company America Movil said that it had gotten funds to finance the acquisition of KPN's German unit.
On Wednesday, JustFab and ShoeDazzle announced merger in an effort to make a bigger and faster growing online retail company.
Today, Unite US said that it had raised USD2 million in seed funding and plans to launch publicly this fall.
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.