CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.
Sectors
Twitter Creates Hoaxes on Stocks
Several hoaxes on stocks have emerged from the social media site Twitter as investors use the site as source of stock information.
More and More Criticize Judge's Activities on M&A Decsions
More equity dealmakers criticize judges and their activities. In its annual M&A Jamboree in New Orleans held this week, dealmakers delivered its verdict on judges who make superfluous legal rulings to the detriment of their business.
Firms Jockey for Deals as Investors Go Direct
Private equity firms are losing funding sources as investors are wising up to avoid exorbitant fees and charges.
Wider Commodities Funds Draw Investors
Investors of Commodity exchange-traded funds (ETFs) are shifting their interest to funds with broad commodities exposure.
Latest News
P. Schoenfeld Asset Management or PSAM is now raising questions on the proposed merger of MetroPCS Communications Inc. and T-Mobile as it vetoes the deal.
CBS Corp, the television giant would include TV Guide Network to its fold for over US$100 million. An anonymous source has confirmed that CBS Corp would purchase a 50% stake in TV Guide Network.
The board is awaiting submissions from Blackstone and Icahn's firm as to an offer to acquire Dell Inc.
Despite offer for sale, Barclay's shares in Ziggo too expensive. Barclays was constrained to report its 14. 2% share in Zigoo, the Dutch cable company after the bank was unable to sell its shares during the stock sale it had conducted this week.
Modelo is selling off its convenience chain Extra. (Photo : Reuters)The image is a stack of Modelo beers in can in a row, who is subject to an antitrust suit by the US Justice Department.
Macoma, a biofuel company had withdrawn its IPO filing citing market conditions. Mascoma Corp, a biofuel firm backed by Vinod Khosla, withdrew its registration for its planned initial public offering.
In the wake of the 2007 mortgage crisis, a group of Singaporean investors have filed suit against Morgan Stanley for their role in the debacle.
P.Schoenfeld Asset Management LP has called for the resignation of MetroPCS CEO for irregularities and conflict of interest.
Proto Labs distinguishes itself from 3D printing, prepares for first purchase. Custom made prototype builder Proto Labs Inc is preparing to make its first acquisition in fourteen years.
