Carl Icahn and Southeastern Asset Management are short listing potential candidates for Dell Inc CEO. after they succeeded in the proxy battle against company founder Michael Dell and Silver Lake Partners.
Regions
Japan to Reduce Pension Fund to Buy Equities
Japan's public pension would undergo changes as the government seeks to buy more equities. Japan's public pension fund stated that it will reduce its holding of local bonds and buy more shares.
Whittier and Fund Manager Agree To Pay Settlement for Civil Regulatory Case
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
Legal Hurdle for Micron-Elpida Deal Appears Clear
US Bankruptcy Court Judge, Christopher Sontchi granted planned acquisition deal without legal challenge between Micron Technologies Inc. and Elpida Memory Inc.
EMC Sells Bonds to Benefit Shareholders
EMC Corp. has followed Apple's measure of leveraging piled of offshore cash by issuing a debt against it.
Latest News
KKR & Co. confirmed departure of one of its executives, Nicolas Cattelain while Apax Partners LLP refused to comment on said departure of its executive, Massimiliano Belingheri.
Deutsche Bank has arranged a US$200 million credit line for Apollo Global Management LLC as a means to purchase single family rental homes in the US.
Twilio Inc. raised US$70 million from venture capitalists where funding was headed by Redpoint Ventures.
The Federal Communications Commission through its website announces no objection with the SoftBank offered bid of US$20.1 billion to acquire Sprint Nextel.
China's Securities Regulatory Commission became stricter as its new Chairman, Xiao Gang aims to tackle fraud crack down to protect investors.
The Ontario Teachers Pension Plan will vote for the Sprint-SoftBank deal as it is the fifteenth biggest shareholder in Sprint Nextel Corp.
Royalty Pharma raised its hostile bid for Irish drug firm, Elan from US$12.50 to US$13. (Photo : Reuters)The image is the corporate logo of Royalty Pharma, the healthcare focused equity fund.
SoftBank is in talks with Deutsche Telekom in possibly acquiring T-Mobile USA after Dish Network Corp. made counter offer for Sprint Nextel.
The following bids, mergers, acquisitions and disposals were reported by 2200 GMT on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- SoftBank Corp is in talks with Deutsche Telekom AG over a possible deal for T-Mobile US Inc, as the Japanese company looks for alternatives to enter the U.
