Glass Lewis advices shareholders to hold off the takeover vote for SoftBank Corp's takeover bid on June 12.
North America
New York's Baseball Teams Bonds Climbing in Value
The Yankees and the Mets, both New York MLB teams are climbing in value in the bond market. (Photo : Reuters)The image is the corporate logo of Major League Baseball.
Settlement Reached for Jefferson County’s Sewer Debt
Jefferson County finally reached settlement for its debts with seven hedge funds including JPMorgan Chase & Co.
American Homes 4 Rent Files US$1.25 Billion IPO
Real estate investment trust fund, American Homes 4 Rent files US$1.25 Billion IPO for its Class A shares.
Takeover Deal for PRA International Weighed By Owner
Cinven Ltd, KKR & Co LP and Warburg Pincus LLC are weighing deals to bid for PRA International, a clinical research group.
Latest News
A private auction was launched that drew companies including GE, Rockwell Collins and Thales SA interested to bid for Arinc Inc.
The Gores Group purchases Etrali Trading Services from France Telecom-Orange. The global investment firm, the Gores Group together with France Telecom-Orange, the worldwide telecommunications service provider, had announced the acquisition of Etrali Orange Business Services - Trading Solutions.
IBM announced acquisition of SoftLayer Technologies and the creation of a new division in the company for cloud-based services to its clients.
Salesforce purchases ExactTarget for US$2.5 billion. The largest maker of online sales management tools, Salesforce. com Inc, has announced it would purchase ExactTarget, the marketing software maker.
Mid-America Apartment Communities Inc. announced to buy Colonial Properties Trust for US$2.17 billion.
Continental Grain Co announced to finally end its long-term ownership with Smithfield to prevent further proxy battle.
Calpers is planning to sell its entire 4% stake in Carlyle that is valued at US$373.3 million. After 12 years of being managed by Carlyle Group LP, a private equity manager firm, the California Public Employees' Retirement System plans to sell its total 4% stake.
GM rejoins S&P 500 replacing H.J Heinz Co. H. J Heinz Co. will be replaced by General Motors Co. (GM) in the Standard & Poor's 500 Index. This is after the trade closing on June 6.
Sprint overthrows US$3.40 bid per share of Dish to a US$4.40 bid per share for Clearwire. (Photo : Reuters)People passing by a Sprint store in NYC. Sprint Nextel Corp has urged Clearwire Corp to reject the offered bid made by Dish Network.
