| Nortel looks to be worth more dead than alive The first of Nortel's parts to be sold off, the wireless technology unit alone has attracted at least three bids ranging from $650 million to $730 million. It is set to be auctioned on Friday ...[more] |
| TIMELINE: Key dates in the history of Nortel Three bids have already emerged, ranging from $650 million to $730 million. Nortel, which filed for bankruptcy protection on January 14, will later auction its corporate communications equipm ...[more] |
| Sony to invest over $1 billion in Sharp LCD JV: report Sony and Sharp have been in talks to set up a joint venture, with Sony to shoulder part of 380 billion yen to be invested in a Sharp LCD production facility in Sakai, Mie Prefecture, western ...[more] |
| Amazon's Zappos buy seen clearing antitrust review While Amazon.com is buying a rival to its disappointing Endless.com site, the nearly $1 billion deal will likely be approved since neither Amazon nor Zappos is a major shoe distributor, despi ...[more] |
| Canadian Hydro rejects TransAlta offer ), saying it undervalues the assets and prospects of the renewable energy firm. Canadian Hydro's board said on Thursday it sees TransAlta's offer as "inadequate and contrary to the ...[more] |
| Bankrate unlikely to get higher buyout offers On Wednesday, Apax offered to pay $28.50 per share in cash, a 16 percent premium over the financial information-based websites operator's Tuesday closing price. However, the company's ...[more] |
| RIM's Balsillie common antagonist for Nortel, NHL ) share a dubious distinction: both have spurned offers from one of Canada's richest men to pay a premium for assets each seems desperate to unload. The common thread is Jim Balsill ...[more] |
| After Medarex buy, biotech investors ask who's next ) and Seattle Genetics Inc () on Thursday after Medarex Inc MEDX.O agreed to be acquired by Bristol-Myers Squibb Co () at a 90 percent premium. Analysts speculated that those two co ...[more] |
| Defeated Porsche axes CEO to make way for VW merger As a way to improve its negotiating position with Volkswagen, Porsche also said it would raise at least 5 billion euros ($7.1 billion) in equity as the two companies prepared to create an "in ...[more] |
| FACTBOX: Porsche, Volkswagen move closer to merger Following are some key facts about the deal: * Creation of a combined automotive group is targeted for mid-2011 * Details on plans for the combined company to be mapped out at ...[more] |
| Oracle to buy software maker GoldenGate ), the world's No. 3 software maker, plans to buy privately held GoldenGate Software, beefing up its portfolio of technology that helps companies manipulate information in databases. < ...[more] |