Cisco to purchase Sourcefire for US$2.7 billion

Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.


Compuware renews attempt to sell itself - sources

According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.

MEHC to issue securites to investors for funding

MidAmerican Energy Holdings Co is set to issue US$5.6 billion worth of securities to investors. MidAmerican Energy Holdings Co announced that they plan to issue an estimated US$5.

CommScope targets US$750 million from IPO

North Carolina based Telecommunications equipment maker, CommScope Holdings Co announced that they have filed the necessary documentations for an initial public offering.


Latest News

Leo Leiderman removed himself from the race for the new governor of the Bank of Israel. Leonardo Leiderman removed himself from the list of possible candidates to become the new head of Bank of Israel.
CareFusion and Smiths Group shares fell after talks for an acquisition deal for Smiths' medical equipment division collapsed.
Cox president and officials from Liberty Media have engaged in discussion for a possible merger with John Malone's Charter.
General Motors Co appointed Tim Lee as the new chairman of its Chinese unit as it gears up for expansion in its largest single market.
Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.
Terra Firma Capital Partners agrees to sell its gas distribution company to Hasting Funds Management Ltd for a deal valued at GBP7 million.
Barclays Plc's COO Jerry Donini will step down from office making him the last of former CEO Robert Diamond's management team to leave the investment lender.
Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.
Today, Actuant Corporation announced signing a deal to acquire Viking SeaTech for USD90 million. Actuant Corporation was established in 1910 and operates as a diversified industrial company with businesses in more than thirty countries.
Yes Bank Ltd announced that they are in the market to secure a US$250 million refinancing deal for the company's loans.