Apple co-founder Steve Wozniak backpedaled Tuesday from an earlier statement that Apple was purchasing voice recognition software maker Nuance Communications. Despite Woz’s proclamation that he was “totally wrong,” investors pu…
Newsweek and The Daily Beast have finally agreed to merge. But with each business struggling, the new entity may be more like a marriage of two wounded media operations.
Continue reading Newsweek and The Daily …
Northeast Utilities is buying NSTAR for about $4 billion in a no-premium deal. The companies agreed to a stock-for-stock merger of equals with a total enterprise value of $17.5 billion to create a company with nearly 3.5 millio…
AOL is reported to be collaborating with private equity firms to explore a possible Yahoo takeover attempt. In theory, an AOL-Yahoo deal would position the merged company to compete for online advertising dollars more effective…
Children’s clothing retailer Gymboree (GYMB) has agreed to be acquired by private-equity firm Bain Capital Partners for $1.8 billion in an all-cash deal, the companies said Monday.
Bain’s offer values Gymboree stock at $65.40 a share, a 24% premium t…