American Greetings Corp. (NYSE: AM) has surrendered to the fact that the age of the paper card are over. The company never created a business online to make up for ... Read Full Story »
A week from Friday, a special meeting of shareholders of MetroPCS Communications Inc. (NYSE: PCS) will vote on a proposed merger with T-Mobile USA, a division of Deutsche Telekom. Metro’s ... Read Full Story »
Michael Dell may walk out on his partnership with Silver Lake, a marriage created to make a leveraged buyout (LBO) of Dell Inc. (NASDAQ: DELL), to join a rival bid ... Read Full Story »
Chinese for-profit education company Ambow Education Holding Ltd. (NYSE: AMBO) got some bad news earlier this week. A proposed buyout by private equity firm Barings Asia Private Equity Fund V ... Read Full Story »
Michael Dell may not lose his job, even if his partnership with private equity firm Silver Lake Partners does not result in the intended takeover of Dell Inc. (NASDAQ: DELL). ... Read Full Story »
The board of Dell Inc. (NASDAQ: DELL) set a “go-shop” deadline for one minute after midnight tonight to see if the company could entice a bidder to compete with Dell ... Read Full Story »
If Blackstone Group L.P. (NYSE: BX) can top an buyout offer by Michael Dell and Silver Lake Partners to buy Dell Inc. (NASDAQ: DELL), the private equity firm may have ... Read Full Story »
by Jon Friedman It didn't take long for Time Warner's stockholders to see the wisdom of the company's decision earlier this month to spin off the Time Inc. publishing unit. ... Read Full Story »
Clearwire Corp. (NASDAQ: CLWR) is facing yet another attempt to block the Sprint Nextel Corp. (NYSE: S) buyout as part of the Softbank deal. A group called Crest Financial is ... Read Full Story »
Financial firm Blackstone Group L.P. (NYSE: BX) may make a offer to take Dell Inc. (NASDAQ: DELL) private, an offer that would be higher than one from Michael Dell and Silver Lake. ... Read Full Story »
STMicroelectronics N.V. (NYSE: STM) is winning while Ericsson (NASDAQ: ERIC) is losing on news that the two companies have agreed to split up their unprofitable joint venture. Some assets will be taken by ... Read Full Story »
It is probably of little comfort to existing shareholders that Citadel Investment Group is selling its remaining stake in E*Trade Financial Corp. (NASDAQ: ETFC). The near 10% stake will pressure ... Read Full Story »
Shares of MetroPCS Communications Inc. (NYSE: PCS) jumped to a 52-week high of $14.51 the day last October when the company announced its proposed merger with T-Mobile USA, which is ... Read Full Story »
The never-ending battle over the Hewlett-Packard Co. (NYSE: HPQ) buyout of Autonomy continues. HP took a $5 billion write-off less than a year after the deal. It seems that the ... Read Full Story »
In a terse press release this morning, Carl Icahn’s Icahn Enterprises L.P. (NASDAQ: IEP) said that it has entered a confidentiality agreement with Dell Inc. (NASDAQ: DELL) and “looks forward ... Read Full Story »