by | Oct 15, 2010 | Towing
Seagate Technology (STX) surged in premarket trading after saying that it received an indication of interest about going private.
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Seagate, which makes hard disk drives and storage products, gained 20.96% to $15.35 a share at 6:19 am, from Thursday’s closing price of $12.69.
The company said Thursday that it is in discussions with the party that indicated interest. Seagate has…
Continue reading Seagate Shares Jump as It Considers Going Private
Seagate Shares Jump as It Considers Going Private originally appeared on DailyFinance on Fri, 15 Oct 2010 06:37:00.
Filed Under: Company News, Technology, Stocks in the News, Market News
by | Oct 14, 2010 | Towing
H&R Block has been a laggard in its online efforts, while competitor Intuit’s TurboTax keeps gaining market share. To start remedying the situation, H&R Block this week agreed to pay $287.5 million for 2SS Holdings, which deve…
by | Oct 14, 2010 | Towing
Yahoo (YHOO) has hired Goldman Sachs Group (GS) to help deal with possible takeover approaches, Bloomberg News reported.
Yahoo has been working with advisers for about two weeks, but has not received any offers, Bloomberg News said.
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AOL (AOL), DailyFinance‘s parent company, has discussed a possible bid for Yahoo with private equity firms, according to reports.
In February 2008,…
Continue reading Yahoo Hires Goldman Sachs to Deal With Takeover Bids
Yahoo Hires Goldman Sachs to Deal With Takeover Bids originally appeared on DailyFinance on Thu, 14 Oct 2010 06:46:00.
Filed Under: Company News, Technology, Media, Goldman Sachs , Microsoft, Yahoo, Credit, AOL
by | Oct 12, 2010 | Towing
JPMorgan Chase kicks off earnings season for the financial sector Thursday, and investors will be keen to see whether a pick-up in mergers and acquisitions has offset an industry-wide drop-off in trading activity.
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by | Oct 12, 2010 | Towing
Billionaire investor Carl Icahn threw his support behind Lions Gate Entertainment’s proposal to acquire debt-laden Metro-Goldwyn-Mayer, according to a filing with the SEC Tuesday. Icahn is Lions Gate’s largest shareholder and a…
