Articles about buyout

Stamped word 'nope'

Verizon!'s top! lawyer! ponders! walking! away! from! Yahoo! gobble!

Verizon has acknowledged that it could call off its $4.8bn acquisition of Yahoo!, after the Purple Palace fell victim to the largest user data breach on record. Speaking with reporters at an event Thursday, Verizon general counsel Craig Silliman said Verizon does feel the exposure of 500 million Yahoo! Mail accounts could …
Shaun Nichols, 13 Oct 2016
Monty Python dead parrot sketch

Google-Twitter hookup rumours pushes up babble blog site's shares

+Comment Google is once again rumoured to be mulling over a potential takeover bid of micro-blabbing site Twitter. The latest speculative guff pushed shares in Twitter up nearly four per cent by the close of play on Tuesday as Wall Street appeared to respond favourably to the scuttlebutt. That rise in shares was the best performance …
Kelly Fiveash, 8 Apr 2015
Dell logo in crosshairs

Dell takeover latest: Icahn tells Big Mike where to stick his rule rewrite

Michael Dell and Silver Lake Partners, who want to take sole control of IT giant Dell, are willing to offer their fellow stockholders $13.75 for each share - but only if the rules on voting on the deal are changed. Unsurprisingly, top-gun investor Carl Icahn, who has a $14-per-share deal on the table, has now urged the Dell …
The Register breaking news

WordPress warns of mass Tumblr defections after Yahoo! deal

News of Tumblr's purchase by Yahoo! has prompted a flood of established users to flee that social-media site, according to WordPress founder Matt Mullenweg. In a blog post, Mullenweg said that around 400 to 600 Tumblr users typically import their content into WordPress every hour, with 67 exports per hour exiting the blogging …
Iain Thomson, 20 May 2013
Dell logo in crosshairs

Icahn, SAM to give MickeyD the boot if they take over Dell

Michael Dell wants to take his company the company that bears his name private, but he might be polishing up his resume instead in a few months. Activist investor Carl Icahn and Southeastern Asset Management made it clear last Friday that they were not happy with the proposed $24.4bn takeover of Dell by the company's founder, …
Dell logo in crosshairs

Dell ready to pay Icahn $25m to behave himself during buyout deal

The board of directors at Dell are so eager to look like they are doing their jobs selling off the company to the highest bidder that they are willing to spend tens of millions of dollars to cover the expenses for due diligence that three different groups – one led by company founder Michael Dell, and others lead by Blackstone …
Dell logo in crosshairs

Icahn and Blackstone to take separate runs at Dell

Those who wonder just how much Michael Dell wants to take control of the struggling IT giant that bears his name don't have long to wait. Private equity firm Blackstone Group and activist investor Carl Icahn are both reported to have tossed in bids to take control of Dell, the company, before the "go-shop" period of the …
The Register breaking news

BlackBerry stock spikes on Lenovo buyout mumble

Shares in BlackBerry, the company formerly known as both RIM and a world leader in smartphone shipments, jumped up ten per cent on Monday after Lenovo CEO Yang Yuanqing said that a buyout "could possibly make sense." "External growth is all about opportunities," Yang told French financial newspaper Les Echos. "You can not rely …
Iain Thomson, 12 Mar 2013
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

'Disturbed' Dell investors could tank private buyout

According to reports, Dell's largest independent shareholder, Southeastern Asset Management, is not keen on the $24.4bn buyout bid, and it's not the only one. Sources whispered to Reuters that Southeastern and other investors think the deal undervalues their shares at $13.65 each and were hoping for more like $20 a share. …
The Register breaking news

City sugar daddies mulling £10bn bid for EE, say sources

Big names in private equity have started talks on a potentially hefty £10bn buyout bid for UK 4G network operator EE. Investment firms like Apax, KKR, Blackstone and CVC Capital Partners are rumoured to be working on consortiums for competing offers for the network formerly known as Everything Everywhere, according to whispers …
The Register breaking news

Twitter spends $70m to juice your tweets, tell biz what you want - report

Twitter has reportedly spent big on acquiring social media analytics startup BlueFin Labs. Twitter is shelling out $70m for the firm, reports All Things D. If it's true - we've asked Twitter, but it has yet to reply - it would overshadow the site's biggest buy to date: Tweetdeck, for $40m. BlueFin Labs' speciality is "social …
Anna Leach, 5 Feb 2013
Dell chairman and CEO, Michael Dell

Microsoft to pump cash into Dell buyout deal?

The word on the street is that Michael Dell and his rich friends are having an easy time finding the many billions of dollars needed to do a leveraged buyout of the PC and server maker and take it private, especially now that Microsoft has entered the picture with as much as $3bn to invest in the deal. According to a report ( …
The Register breaking news

Zuckerberg blew $1bn on Instagram 'without telling Facebook board'

Facebook CEO Mark Zuckerberg left his board out of the loop as he personally hammered out a $1bn deal with Instagram for its colour-changing photo software in three days of negotiations in his house in Palo Alto, culminating in the deal on Sunday 8 April, a report in the Wall Street Journal claims. Citing a person familiar …
Anna Leach, 18 Apr 2012
The Register breaking news

Google! mulling! Yahoo! slurp! claims! insider!

Google has joined the gaggle of companies lusting over the ailing search'n'content giant Yahoo, according to rumours in the Wall Street Journal. Google has been in talks with private equity firms, says the WSJ, counting the beans they'd need to bag the company, though nothing formal is on the table. Despite Yahoo! lagging far …
Anna Leach, 24 Oct 2011
The Register breaking news

Google could drop Groupon into shopping basket

E-commerce coupon website Groupon Inc is reportedly mulling a takeover from Google. The Chicago-based company has been in talks about a possible acquisition, according to a Bloomberg report that cited two anonymous sources with “knowledge of the matter.” All Things Digital also reported on Friday that Google might snap up …
Kelly Fiveash, 22 Nov 2010
3com

3Com delays buyout vote again

In brief 3Com says it needs 14 more days to smooth out US security concerns before the company can take its pending $2.2bn sellout to a vote. For a second time, the networking firm has postponed a shareholder meeting to decide if it will sell the company to Bain Capital and its Chinese partner, Huawei Technologies. The three companies …
Austin Modine, 6 Mar 2008
3com

Latest China scare torpedos 3Com takeover

3Com's proposed takeover by a US private equity firm and a Chinese rival lay in tatters today, with the three companies admitting defeat in their attempts to mollify US government national security concerns. 3Com stock plunged 20 per cent today on news that the company, along with wannabe owners Bain Capital and networking …
Austin Modine, 20 Feb 2008

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