Category Archives: Takeover

AT&T braces for T-Mobile deal collapse

By doris | Published: November 25, 2011

Full Story at msnbc.com WASHINGTON — AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents. The telecommunications group and T-Mobile owner Deutsche Telekom, said they would continue to pursue anti-trust approval for the [...]

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FCC to vote Tuesday on ‘net neutrality’ rules

By doris | Published: December 21, 2010

Full Story at CNN.com (CNN) — The Federal Communications Commission is set to vote Tuesday on a set of regulations designed to ensure that internet providers grant everyone equal access to the Web. The “net neutrality” rules, proposed by the Obama administration, would be the government’s biggest foray yet into one of the Web’s fiercest [...]

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Kraft reaches $19 billion deal for Cadbury

By doris | Published: January 20, 2010

Full Story atmoney.cnn.com LONDON (CNNMoney.com) — Kraft reached a $19 billion deal Tuesday to buy Cadbury, finally succeeding in its takeover of the 200-year-old British candy maker after sweetening its offer. Cadbury’s board said it was unanimously recommending the bid to shareholders.

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GM turns to Volt to revitalize its image

By doris | Published: June 7, 2009

Full Story At msnbc.com WARREN, Mich. – Even now, as General Motors fights for survival, there is something ambivalent about its prescription for saving itself, a conflict implicit in a bit of symbolism that recently greeted arrivals to the Detroit Metropolitan Airport even before they reached baggage claim. One of GM’s touted new automobiles sat [...]

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GM to help investment firm buy Delphi

By doris | Published: June 5, 2009

Full Story At money.cnn.com NEW YORK (Reuters) — General Motors Corp will give more than $2.5 billion of the $3.6 billion needed for Platinum Equity to gain control of bankrupt car parts supplier Delphi Corp, the Wall Street Journal said, citing a source. Under terms of the transaction, private equity firm Platinum is expected to [...]

Also posted in Auto, Bailout, Business, Chapter 11, Corporate, Financial, GMC, Investors, Rescue | Leave a comment

IBM, Sun said to break off takeover talks

By doris | Published: April 6, 2009

Full Story At money.cnn.com NEW YORK (Reuters) — IBM Corp. and computer and software company Sun Microsystems Inc. broke off acquisition talks after Sun rejected IBM’s offer of $9.40 or below per share, a source with the knowledge of the matter said Sunday. The collapse of the talks, if final, would come as a surprise [...]

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