CommScope (CTV), a maker of telecommunications equipment, said that private-equity firm Carlyle Group is in talks to buy the company for about $3 billion.
If the deal goes through, Carlyle would acquire all of CommScope’s outstanding stock for $31.50…
As it released preliminary earnings results Monday, Office Depot also announced that Chairman and Chief Executive Officer Steve Odland is stepping down.
Shares of Office Depot shot up more than 12% in premarket trading.
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Singapore Exchange agreed to buy Australian exchange ASX for A$8.4 billion ($8.3 billion).
The Singapore Exchange offer is worth A$48 per share of ASX, a 37% premium over the company’s closing price on Oct. 22, Bloomberg News reported. The two exchanges will be separate legal entities and subject to local regulation.
The new company aims to compete with competitors such as the…
Continue reading Singapore Exchange to Buy ASX for $8.3 Billion
Singapore Exchange to Buy ASX for $8.3 Billion originally appeared on DailyFinance on Mon, 25 Oct 2010 08:15:00.
Filed Under: Company News, Technology, Investing, Stocks in the News, Market News
The largest U.S. bank reportedly acknowledges discovering some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases.
Continue reading Bank of America Finds Foreclosure Errors
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Sony Corp. (SNE) will slash the price of its PSPgo portable game player ahead of the holiday period.
The company will cut the price of the PSPgo to $199 from $249 in the United States and to 16,800 yen ($207) from 26,800 yen in Japan, Reuters said.
Sony is cutting prices after rival Nintendo Co (NTDOY) announced that its 3D-capable DS portable game player would not be available…
Continue reading Sony Cuts PSPgo Prices Ahead of Holiday Season
Sony Cuts PSPgo Prices Ahead of Holiday Season originally appeared on DailyFinance on Mon, 25 Oct 2010 07:36:00.
Filed Under: Company News, Technology, Media, Sony, Nintendo, Retail