Sun, 26/06/2011 - 11:49 by Rahul K. Chaudhary
The Intel Corp. has gained approval from the Justice Department of Federal Trade Commission (FTC) to bid on the pot of around 6,000 patents held by the waning Nortel Networks Corp., a firm that was soaring in the late 1990s.
Sat, 25/06/2011 - 00:12 by Rahul K. Chaudhary
In a deal pegged around $2 billion, the private equity firms KKR and Silver Lake are reportedly in talks to takeover Go Daddy, the world’s largest ICANN-accredited registrar.
Thu, 23/06/2011 - 15:15 by Anter Prakash Singh
Howard Energy Partners (HEP) announced today that the company is all set to acquire assets in the Eagle Ford Shale for a total consideration of $76 million.
Eagle Ford Formation which is also known as the Eagle Ford Shale is a formation of sedimentary rock
Thu, 23/06/2011 - 10:41 by Rahul K. Chaudhary
In a deal likely to strengthen its foothold in cloud management solutions, the Redwood Shores’ Oracle Corporation has acquired FatWire Software, a software manufacturing firm specializing in enhancing users’ Web experience.
Tue, 21/06/2011 - 16:27 by Anter Prakash Singh
The Frontier Oil Corporation announced on Monday that it has given a notice to the New York Stock Exchange informing about its intention to voluntarily delist from the common stock of the exchange till the closure of the merger of the company with Holly Corporation, the fourth largest refiner in the U.S.
Frontier, which was established as Wainoco Oil in 1949, has grown into a refining and marketing comp
Sun, 19/06/2011 - 12:09 by admin
Calpine Corp. (NYSE: CPN) announced today that it has closed on a $360 million first lien senior secured term loan ("Term Loan"). The Term Loan, which amortizes at a rate of 1% per year, bears interest at LIBOR plus 3.25% per annum (subject to a LIBOR floor of 1.25%) and matures in 2018.
Calpine utilized the proceeds of the Term Loan to retire credit agreements totaling $340.4 million b
Sat, 18/06/2011 - 17:22 by Rahul K. Chaudhary
Aspiring to strengthen its foothold in online banking sector, Capital One Financial Corporation, has acquired ING Direct USA in a $9 billion stock-plus-cash Thursday deal.
Sat, 11/06/2011 - 16:17 by Rahul K. Chaudhary
Internet search giant Google is in talks to acquire the display advertising company, AdMeld, for around $400 million.
Fri, 03/06/2011 - 15:24 by Jamie Anderson
In a deal that would sever Obama administration's link with Chrysler, the U.S. Treasury Department sold its stake in the car manufacturer to Fiat.
Wed, 01/06/2011 - 15:37 by Jamie Anderson
The third-largest U.S. mobile network operator, Sprint Nextel, has asked regulators to block AT&T’s proposed takeover of T-Mobile USA, alleging that the deal would thwart competition and lead to higher prices for the subscribers.