Judge rules the share-buyout provision in the offer is not violative of the law. In a ruling, a New York judge set aside a potential obstacle to sell the Empire State Building as part of an REIT IPO.
Regions
Merck and Pfizer Announce Deal
Merck and Pfizer announce deal for the inclusion of ertugliflozin into current diabetes drug portfolios of the companies.
Apple Inc Offers US$17 billion
Apple, in the largest bond deal for the year, offers US$17 billion to assuage shareholder fears over falling profits and declining growth.
Yahoo Withdraws DailyMotion Bid
Yahoo, because of objections from the French government, has withdrawn its bid to acquire DailyMotion.
BMC Software Receives Rival Bids
Two private equity consortiums are bidding for BMC Software. A private equity consortium consisting of Bain Capital LLC and Golden Gate Capital Corp has become the leading bidder to purchase BMC Software for over US$6.
Latest News
Shutterfly purchases and acquires MyPublisher. In an announcement calling the recent move as 'best in class', Shutterfly CEO Jeffrey Housenbold said that when MyPublisher is used with Shutterfly's cloud based system, the platform would 'set the standard for design, choice and quality in the personal publishing and social expression category.
Intel Capital appoints new Investment Director Intel's global investment and mergers and acquisitions organization, Intel Capital, appoints Tobi Oke as its new Investment Director to lead the investment team for the firm.
Armstrong Asset Management appoints Yasushi Ujioka as its investment director. Armstrong Asset Management appointed Yasushi Ujioka as the new Investment Director of the Singapore based company.
FIT's management buyout plan supported by FF&P Private Equity and acquirer EEMG. The private equity arm of Fleming Family and Partners, FF&P Private Equity has supported the buy-in management buyout of FIT, the specialist energy efficiency business.
Aepona bought out by Intel Aepona, a cloud-based network solutions company, has been acquired by Intel. Amadeus Capital Partners is the biggest venture financier of Aepona.
Resource Capital lands US$44 million loan. Resource Capital Corp announced today that it was able to close a US$44 million bridge loan. The loan was attained by using the 186,000 square foot grocery anchored shopping mall in Los Angeles, California as collateral.
Genesis Angels was established by Moshe Hogeg with former Israeli PM Ehud Olmert and Kazakh industrialist Kengers Rakishev.
Heinz shareholders approve Berkshire Hathaway-3G Capital buyout bid. Heinz is nearing total privatization. In an announcement, Heinz shareholders approved the acquisition by Berkshire Hathaway and 3G Capital.
Liberty Global purchase shares in cable television rival Ziggo. Liberty Global, the American cable giant, has sought to purchase more shares to increase its stake in its Dutch rival Ziggo from 12.
