Clearwire set to postpone the shareholder vote on Sprint-Nextel's offer in light of the new and improved offer from Dish Network.
Sectors
Eni Sells Part of Stake in Galp
Eni sells off 6.7% of its shareholdings in Galp. Eni, the Italian oil and gas group had announced the accumulation of Eur677. 6 million after the sale of 6.
Dell Inc Supports Michael Dell/Silver Lake Bid
Dell Inc supports Michael Dell/Silver Lake bid and urged its shareholders to vote for the bid on its July 18 shareholders meeting.
Shuanghui Int'l Purchases Smithfield Foods
Shuanghui Int'l buys Smithfield Foods through loan facilities provided by Morgan Stanley and the Bank of China.
Suntory to Hold Largest IPO in Japan to Date
Suntory Holdings is preparing for an IPO that is projected to be the largest in Japan to date. In what is projected as the largest initial public offer in Japan this year, Suntory Holdings Ltd is projecting to net as much as 476 billion yen or US$4.
Latest News
Morgan Stanley files petition to prohibit former brokers to reach out to current staff in their old office.
Fiat would await the Delaware court verdict on the valuation of VEBA held shares in Chrysler before commencing the merger of Chrysler and Fiat.
EMC is undertaking a share buyback program as well as giving dividends on its shares. The world's largest manufacturer of storage computers, EMC Corp has expanded the budget for its share buyback plan by another US$5 billion.
Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.
Fiat is preparing to purchase the rest of the shares of Chrysler through a loan being prepared by a number of banks.
Dish Network increases its bid for Clearwire to US$4.40 per share. Dish Network increased its offer to purchase Clearwire Corp to US$4. 40 per share. At this price, the enterprise value of the wireless service provider is estimated at US$6.
TuneIn announces its latest funding round led by Institutional Venture Partners worth US$25 million.
Fosun International purchases Alma Lasers, where the latter was advised by Harris Williams. Harris Williams, one of the foremost middle market investment banks in the world, recently announced the sale of Alma Lasers to the subsidiaries of Fosun International.
Warburg Pincus shares have been bought back by Primerica, totalling US$154.7 million in stock and warrants.
