Sprint investors preferred to get cash rather than stock after the takeover bid by SoftBank won approval from the Federal Communications Communication last week.
North America
Imperative and Purpose Economy Announce Merger
Today, Imperative and Purpose Economy announced merger with Aaron Hurst appointed as the new chief executive officer.
Fort Washington Capital Launches Two new Products
Cincinnati-based Fort Washington Capital has launched two new funds. Fort Washington Capital Partners Group, a private equity fund manager based in Cincinnati, had submitted its plan to launch two fresh investment funds that should raise a combined valuation around $150 million.
Equifax Acquires TrustedID for About US$30 Million
Equifax acquired TrustedID for about US$30 million. Equifax, a credit company, bought TrustedID for an estimated US$30 million. TrustedID merged with the Personal Solutions division of Equifax.
Deal Makers Converge At The Sun Valley Conference
Company moguls converge at the Sun Valley Conference Deal makers meet up at the Allen & Co's Sun Valley conference to lay groundwork for more deals and acquisitions.
Latest News
Jones Group, parent company of Nine West hired Citigroup to explore possible sale Jones Group, parent company of Nine West, is at the early stages of sending out feelers to private equity and industry player about intents on putting the company on sale.
NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.
US stocks rose for a third consecutive day yesterday. US stocks have risen for a third consecutive day as investors eagerly await the start of second-quarter earnings season amid news of euro-area finance ministers approving the aid for Greece.
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
Tesla Motors is set to transfer from the NYSE to the NASDAQ while Oracle Corp. does the opposite. The best-performing car manufacturing stock this year, Tesla Motors Inc.
Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
Starboard announced that they were able to acquire a 6.9% stake in Emulex Starboard Value LP announced that they acquired a 6. 9% stake in Emulex Corp.
Michael Dell has received support from Institutional Shareholder Services Inc. for the $24.4 billion acquisition of his company.
