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Submitted by Jyoti Pal on Wed, 12/20/2006 - 07:54 ::

In the fourth- biggest private-equity buyout ever, the board of the world's largest casino operator, Harrah's Entertainment Inc., accepted a $17.1 billion buyout bid from Apollo Management LP and Texas Pacific Group.

Submitted by Poonam Wadhwani on Tue, 12/19/2006 - 11:59 ::

Citing NASDAQ Stock Market Inc.’s takeover bid "wholly inadequate", the London Stock Exchange PLC on Tuesday urged its shareholders to reject the bid worth $5.27-billion, which values the LSE at US$

Submitted by Suresh Ganesan on Tue, 12/19/2006 - 07:19 ::

Oracle Inc.closed the second quarter with a higher net income of $967 millions, but with a dip in the shares to 18 cents per share compared to 22 cents per share in the previous year.

Submitted by Shubha Krishnappa on Tue, 12/19/2006 - 07:12 ::

Google Inc. on Monday entered into a Space Act Agreement with NASA Ames Research Center, a NASA facility which helps provide research support for the activities of the National Aeronautics and Space A

Submitted by Poonam Wadhwani on Fri, 12/15/2006 - 13:11 ::

Google, which has earned a distinction for itself as the world’s largest search engine, has added more to its search portfolio on Friday after announcing a beta version of a new tool that searches p

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Submitted by Jyoti Pal on Wed, 12/13/2006 - 11:57 ::

In a bid to provide fresh lease of life to scandal-tainted stock options, Google has created a novel program designed to manage their 6.6 million stock options and benefit their workers.

Under the new program, called the Transferable Stock Option program, the search giant will let employees sell their vested stock options to selected financial institutions in an auction marketplace it's setting up with Morgan Stanley.

Submitted by Daisy Sarma on Sun, 12/10/2006 - 04:39 ::

Rumors of a pending takeover bid of Barclays by Bank of America have been flying thick and fast in the financial world, leading to frenzied climb in Barclays share prices. At the end of day’s trading, Barclays shares were valued at $59.42, a jump of $3.53 or 3.3 percent.

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Submitted by Sharon de Dios on Wed, 12/06/2006 - 10:34 ::

Cable provider NTL Inc. retracts its 4.7 billion pounds cash-and-paper bid for television broadcaster ITV Plc. The retraction was reportedly prompted by British Sky Broadcasting’s purchase of ITV shares that amounted to 17.9 percent of the total shares.

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