Horsburgh & Scott, the renowned gear manufacturer, has been acquired by private equity firm GenNx360.
North America
Icahn Takes Passive Position with Nuance Stake
Carl Icahn, a man known for change in acquired companies, has taken a back seat in his latest shareholdings purchase, Nuance Communications.
Nasdaq Acquires eSpeed Platform
Nasdaq OMX purchases the eSpeed platform from BGC Partners. In recent announcement, Nasdaq OMX Group Inc. has acquired from BGC Partners Inc its eSpeed platform.
Danoff's Fidelity Contrafund Cuts Apple Shareholdings
Fidelity Contrafund is slowly selling off its Apple shareholdings due to price decline. Fidelity Contrafund, the US$92 billion fund built by portfolio manager Will Danoff, has undertaken a process of cutting the fund's shareholdings in Apple.
Deliv Preserves Seller-Buyer Relation with Same Day Service
Deliv, after a successful financing round, would provide same day services for consumers and retailers in major cities in the US.
Latest News
Taylor Morrison to offer 23.8 million shares in its IPO and is expecting a return of nearly US$524 million.
Lear Corp has avoided a proxy fight with major private equity investor firms through an agreement increasing the rate of its share buyback program.
Toronto-based Dominion Diamond Corp. said regulators have approved its plan to buy BHP Billiton's Ekati diamond operations in Northwest Territories, Canada.
American Greetings is privatized by the Weiss family. The founders of American Greetings Corp have reached an agreement to purchase the gift card and party goods firm.
The auto parts maker has dodged a proxy war with investors Oskie Capital Management LLC and Marcato Capital Management LLC by deciding to increase its share buyback program.
Suncor, with its plan to ship to refineries directly instead of building an upgrading plant assures better returns for shareholders.
VeriFone's current conditions makes it ripe for takeover by private equity firm according to analysts.
In a letter, MetroPCS urged shareholders to approve the merger with T-Mobile USA. MetroPCS Communications Inc is calling all its shareholders to vote for the approval of its proposed merger with T-Mobile USA Inc.
Dell would walk away if he is not retained as CEO. Michael Dell, in a statement, would only consider a buyout plan with Blackstone Group if the private equity guarantees that he remains as its CEO.
