Because of the uncertainty as to the result of the case filed in court, the deadline of the merger between the two airlines was sought to be extended.
Sectors
Deutsche Bank reviewed for corrupt practices
Deutsche Bank AG was under review for excessive entertainment expenses made for pension fund executives.
CORRECTION: Southeastern Asset Management purchases shareholdings in News Corp
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch. CORRECTED: Reference of Southeastern Asset Management as a hedge fund when it is a global investment management firm.
Fire Island residents receive Verizon action
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
Vodafone Group Plc's bid for Kabel Deutschland in jeopardy
The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.
Latest News
Creative Learning subsidiary BFK Franchise Company, LLC had announced that it would be selling a Master Franchise to Blockheads Ltd.
After the fall of the iconic Twin Towers building in 2001 due to terrorist attacks, the city of New York had funded the reconstruction with USD250 million cash and USD1 billion sale of bonds.
The recent launch of the iPhone 5S and 5C cost about USD200 more in China than in the United States.
Verizon Communications Inc. latest corporate bond sale was expected to fetch around USD49 billion. The financial market would be expecting Verizon Communications Inc.
ALung Technologies closed its Series B-1 financing with USD 15.8 million to commercialize its Hemolung Respiratory Assist System.
Corridor Capital purchased Innovative Office Products for an undisclosed amount. Private equity firm Corridor Capital closed its acquisition of Innovative Office Products (IOP).
Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.
Investors of Deutsche Bank would be voting for the tenure extension of co-chief executive Jürgen Fitschen to end March 31, 2017.
Accel-KKR bought a majority stake in EA Holdings. Private equity investment company Accel-KKR announced that it had bought majority shares in EA Holdings.
