TD Bank to Buy Chrysler Financial from Cerberus

Canada’s second largest bank and private equity firm Cerberus Capital Management plan to buy automotive financial products and services company Chrysler Financial for approximately $6.3 billion in cash.
Continu…

AOL to Buy Online Profile Site About.me

Internet company AOL (AOL) agreed to purchase about.me Inc, a website that lets people create a single personal profile page that presents their online identity.

About.me lets users bring together profiles on LinkedIn, Twitter, Facebook, e-mail, blogs and more.

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About.me’s co-founder Tony Conrad and his team will join AOL’s Consumer Applications Group, AOL said in a statement.

The…

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AOL to Buy Online Profile Site About.me originally appeared on DailyFinance on Tue, 21 Dec 2010 07:25:00.

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Hulu Reportedly Puts IPO Plans on Hold

Video website Hulu LLC has put its IPO plans on hold and is considering other options to raise cash, The Wall Street Journal reported.

The site may look to existing owners for more cash, The Wall Street Journal reported without naming its sources. Me…

Chinese Auto Market Set for More Growth in 2011

The Chinese auto market, already the largest in the world, is set for strong growth in 2011.

General Motors (GM), the largest foreign automaker in China, expects sales to climb by as much as 15% in line with the wider market, Bloomberg News reported….

Google in Talks With Smaller Coupon Companies

Internet search giant Google (GOOG) is in talks with smaller group coupon-buying companies after failing to reach a deal with Groupon, The New York Post reported.

Google may be looking at coupon companies including LivingSocial and New York’s BuyWith…