Possible strategic partners for Fisker, namely Dongfeng Motor Group and Zheijang Geely Holdings, have pulled out from discussions.
North America
Blackberry Reports Higher-Than-Expected Profit
Blackberry becomes ideal for a potential takeover as it reports good earnings. Blackberry has reported good earnings higher than what analysts expected, making an ideal candidate for a buyout by a larger technology company, said CNBC's Jim Cramer.
Fiat Seeks Credit Line Prior to Chrysler Deal
Fiat to secure credit line to prepare for options in the next move for Chrysler shares. Fiat SpA has reached out to banks for the refinancing of its Eur1.
MidOcean Offers to Purchase EDAC at a Premium
MidOcean through a letter offered to purchase all of the shares of EDAC at a premium higher than Greenbriar.
ProMOs Agrees to Sell Wafer Fab to GlobalFoundries
ProMOS Technologies Inc. reached deal to sell 12-inch wafer fab to Silicon Valley-based contract chipmaker GlobalFoundries.
Latest News
The merger to become the world's largest airline succeeded its first step after being approved by bankruptcy court.
Fisker Automotive has opted to put workers on furlough in the face of a debt due with the US Department of Energy.
American Realty increases offer to US$6.7 billion for Cole Credit. A week after its inital offer was rejected, real estate investment trust American Realty Capital Properties Inc had increased its bid for Cole Credit Property Trust III.
KKR is seeking to build a US$1.5 billion fund for oil and gas development project investments. In a report from Bloomberg, KKR & Co LP is now raising US$1.
Lehman Brothers, once Wall Street's larger banks, has announced its payout to creditors after its emergence from bankruptcy protection.
Jana Partners is seeking to replace board members and undertake improvements in the Agrium board of directors.
Credit Suisse has purchased the wealth management arm of Morgan Stanley. Morgan Stanley's wealth management subsidiary is being bought out by Credit Suisse.
H.J. Heinz says that it is planning to host a shareholder meeting to allow investors the time to think about your house and expenses.
American Realty said it has decided to increase its bid offer for Cole Credit Property Trust III after the latter's rejection of the first offer.
