Cole Credit Property Trust Approves Merger with Spirit Realty

Cole Credit Property Trust II Inc. announced today approved merger with Spirit Realty Capital and will complete the deal by third quarter of this year.


US$2 Billion Risk for Elan If Royalty Pharma Walks Away

Elan is at risk of losing US$2 billion market value once Royalty Pharma walks away with its takeover deal.

US$1 Billion IPO Pricing Raised By Coty Shareholders

Fragrance maker Coty raises its initial public offering to US$1 billion on behalf of its shareholders making shares priced at midpoint of the proposed range.

Russian Billionaire to Sell Off Aeroflot

Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.


Latest News

Vanguard Natural Resources announces its public offering of 2,200,000 shares at US$25 per share. Vanguard Natural Resources LLC has announced today the pricing of its public offering.
Lululemon Athletica Inc. Chairman, Dennis Wilson sold his stock for US$49.5 million days before the announced surprise departure of the company's CEO Christine Day.
Empire Co, Sobeys' operator, announced its planned acquisition for Safeway Canada for Can$5.8 billion that will close later this year after regulatory approvals.
According to sources, Numericable hired Rothschild to work on a Eur5 billion Paris Stock Market debut within the year.
Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.
Vodafone confirmed that the company is pursuing its informal offer to Kabel Deutschland which was priced EUR81 per share.
The board of Clearwire Corp. recommends the proposed bid from Dish over Sprint Nextel even before the hostile bid was raised.
Royal Bank of Canada announced looking for C$5 billion wealth acquisitions according to its CFO, Janice Fukakusa.
Clearwire Corp's board has urged its shareholders to accept the offer proposed by Dish priced at US$4.40 over the US$3.40 offer from Sprint.
Coty Inc, the perfume maker to the elite, is undertaking an IPO that is below market value with many provisions.