Although both companies declined to comment, analysts said Time Warner might have caved in to CBS's demands for higher transmission fee and additional fees for digital content.
North America
Estancia acquires part of Equinoxe Alternative Investment Services
While the terms remained private, Estancia purchases a minority stake in Equinoxe. One of the leading private equity funds that focus on global asset management and other related business industries, Estancia Capital Partners LP, recently announced its acquisition of a minority interest in Equinoxe Alternative Investment Services.
Bonds to be issued may reach record highs for Verizon-Vodafone deal
The projected bond issue for the Verizon-Vodafone exit deal would exceed the previous high set by Apple.
Termsheet reveals Bank of America sells USD 1.5 billion stake in China Construction Bank Corp
A term sheet seen by Reuters revealed that Bank of America Corp would exit from China Construction Bank Corp by selling shares worth USD 1.5 billion.
Jarden okays deal to acquire Yankee Candle for USD 1.75 billion- sources
Sources told the Wall Street Journal that consumer goods maker Jarden Corp would buy scented candle maker Yankee Candle for USD 1.75 billion.
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A Wall Street Journal cited sources who told the newspaper that Citigroup Inc. sold over USD6 billion in private equity and hedge fund assets to comply with new regulations on bank's holdings in investments.
Microsoft said it would be buying the handset business of Finnish company Nokia for EUR5.44 billion or USD7.2 billion, with Nokia CEO Elop and other senior executives transferring to the American multinational software firm.
Former bankers returned home to Verizon to provide advisory assistance For bankers giving guidance and advice to Verizon Communications Inc, it had been a ten year long wait to be able to formalize the USD130 billion deal to take full control of Verizon Wireless.
Semiconductor IP supplier ARM announced today that it had signed a definitive agreement to acquire Cadence's PANTA from Cadence Design Systems.
CBS Corp and Time Warner Cable had reached an agreement to end a month long cable blackout of some shows in New York, Dallas and Los Angeles.
The USD130 billion payout to Vodafone, even with its sharing of proceeds with shareholders, allows current CEO many options for the company's future.
With the pending completion of the third largest deal in history, the CEOs of Verizona and Vodafone are near the goal that had eluded their predecessors.
John Malone, the US cable magnate who owns Liberty Global Plc said the company would consider proposals but is content with how the company is at present.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
