WSJ reports bid for Boston Globe pegged at US$100 million. According to a report from the Wall Street Journal, the New York Times Co received a formal offer on the Boston Globe in the amount of US$100 million.
Regions
BGI Shenzhen Tenders Offer for Complete Genomics
BGI-Shenzhen extends existing offer for common stock of Complete Genomics. BGI-Shenzhen announced that it would extend an all cash offer to purchase all outstanding shares of common stock for Complete Genomics Inc.
Boeing Purchases Microprocessor Business
Boeing purchases microprocessor unit of CPU Technologies. In its continued goal of protecting its fighter fleet from information lead attacks, Boeing has purchased CPU Technology Inc.
Elan Offers Profit Return to Shareholders
Elan profits from Tysabri sale offered to shareholders. Elan, the Irish drug firm has announced it would return US$1 billion to its shareholders from the proceeds of the sale of its stake in multiple sclerosis drug Tysabri to partner Biogen Idec.
OMERS' Asset Rise Prompts Shopping Spree
Canada's OMERS pension fund poised to make major purposes in 2013. OMERS, one of Canada's leading pension funds, announced last Friday that it is now in the process of diversifying its portfolio away from traditional areas such as North America, the United Kingdom and Western Europe.
Latest News
Gardner Denver mulling over US$75 per share offer from KKR. Gardner Denver Inc. 's board would convene on Monday to consider the US$3. 7 billion offer by private equity firm KKR and Co.
No one is safe without the numbers, message sent to industry by Heinz buyout. The buyout of H. J. Heinz by Warren Buffett's Berkshire Hathaway and others have placed many food executives of known brands properly warned that they either shape up or be shipped out.
Rosneft buys TNK-BP for over US$40 billion. If all goes according to plan, Rosneft would be taking over control over its major rival, TNK-BP. The two Russian oil companies would then complete the oil industry's biggest takeover in history, three months before the agreed upon deadline.
OGX denies Petronas shares sale OGX Petroleo e Gas SA, the Brazilian oil company, has allayed fears and rumors that it is selling its shareholdings in Petronas, the Malaysian state owned oil company.
Morgan Stanley purchases Russian Mall for US$1.2 billion. Morgan Stanley Real Estate Investing, the fund manager's property arm has recently purchased Metropolis Shopping Mall located in northwestern Moscow.
CPU Technology's Acalis microprocessor business has been acquired by Boeing which is seeking to address the need of its customers worldwide to protect war fighters from information-assurance attack.
MCW Group acquires Perez Engineering in line with help grow customer base in key markets The MCW Group of Cos. said that Canadian Perez Engineering Ltd.
SAP paves way to develop real-time supply chain software solutions as it plans to merge with SmartOps
LivingSocial is convincing its investors to make another huge investment for the company as it suffers from sluggish daily deal activities.
