14 result(s) displayed (1 - 14 of 14):
When we learned early Thursday that the Department of Justice was investigating IBM Corp. (NYSE:IBM) for monopolistic behavior in the mainframe market, our first thought was: What if Platform Solutions Inc. had held on a little longer? (The Deal Pipeline subscribers can get details of the DOJ investigation here.)Until IBM...
Posted on October 8, 2009 4:25 PM
With possible approval around the corner for a deal where British Airways plc and AMR Corp.'s (NYSE:AMR) American Airlines can coordinate flights and schedules across the Atlantic, Virgin founder Richard Branson is stepping up his campaign against the competition. Not only has he plastered Virgin planes with the logo "No...
Posted on August 13, 2009 12:45 PM
When CVS Corp. combined with pharmacy benefits manager Caremark Rx Inc. for $26 billion, creating CVS Caremark Corp. (NYSE:CVS) in 2007, some heads turned at the drugstore's aggressive move into PBM, where it faces possible conflicts of interest.Lately, objections to CVS' dual role as both a major seller of medicines...
Posted on July 31, 2009 2:01 PM
Some things are tough to gauge in due diligence -- for example, the chance of a mere billion-dollar lawsuit turning into an international donnybrook, with one side demanding a $27 billion settlement. That's the situation for Chevron Corp. (NYSE:CVX), which is facing claims in Ecuador over waste dumping there from...
Posted on July 29, 2009 4:39 PM
In the long winding road from "secret merger talks" to deal completion, bankers, lawyers and corporate dealmakers alike breathe easier when their hard work is met with regulatory and shareholder approvals along the way. Collecting fees is also a source of comfort. Sure, they get money from retainer and reimbursement...
Posted on July 17, 2009 3:01 PM
As expected, Justice Department antitrust chief Christine Varney erased a policy the Bush administration set in place that made it difficult to pursue antitrust cases against big firms, such as Microsoft Corp. (NASDAQ:MSFT) and Google Inc. (NASDAQ:GOOG). Varney said in a statement that "the division will return to tried and...
Posted on May 11, 2009 4:17 PM
Conspiracy and securities fraud charges were filed for four separate schemes designed to artificially inflate the prices of publicly traded stocks. Among those charged is Daniel Laikin, CEO of National Lampoon Inc.This come about five weeks after the Los Angeles comedic brand acquired lighthearted Web site BarackObamaJokes.com for an undisclosed...
Posted on December 16, 2008 4:07 PM
The Department of Justice announced Friday that it will require InBev SA to divest subsidiary Labatt USA, along with a license to brew, market, promote and sell Labatt brand beer for consumption in the U.S., in order to proceed with its $52 billion acquisition of St. Louis-based Anheuser-Busch Cos. ...
Posted on November 14, 2008 2:51 PM
The Microsoft Corp.-Yahoo! Inc. marriage is off, as Tech Confidential's Alain Sherter so eloquently explains. Microsoft CEO Steve Ballmer said there will be no outright acquisition of Yahoo!, but did say a partnership in the search engine market is possible. Ballmer didn't give details about what that deal may...
Posted on November 7, 2008 9:16 AM
Google Inc.'s search advertising deal with Yahoo! Inc. appears to be on its last legs as antitrust officials question the alliance's dominance of the search market. Yahoo! CEO Jerry Yang has said the Google deal may add $800 million a year to sales. That figure may get slashed if...
Posted on November 4, 2008 3:40 PM
Russia's antitrust regulators blocked Google Inc.'s $140 million acquisition of contextual online advertiser ZAO Begun. On Thursday, the Federal Anti-Monopoly Service, or FAS, refused Google's application to buy the unit from search engine operator Rambler Media Ltd.Terms called for Rambler to acquire the 49.9% stake in Begun it didn't already...
Posted on October 24, 2008 5:20 PM
In a rare decision, the Department of Justice's antitrust division filed suit to block a $560 million merger between the No. 3 beef packer in the U.S. JBS SA and No. 4 National Beef Packing Co. LLC. Interestingly, JBS' acquisition of No. 5 U.S. beef packer Smithfield Beef Group...
Posted on October 21, 2008 9:55 AM
It would seem the only ones in favor of a search advertising deal between Yahoo! Inc. and Google Inc. are the Internet giants themselves. And after voluntarily delaying the deal for several months for antitrust review by the Department of Justice, Google CEO Eric Schmidt said he isn't willing...
Posted on September 18, 2008 9:23 AM
More and more companies face scrutiny for their option grant practices. Here's how to avoid buying one of them.
Posted on October 15, 2006 7:12 PM
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