The latest reports, rumors and gossip on the deal front:
Chief Executive Jeff Bewkes signaled he is leaning in favor of spinning off Time Warner Cable and possibly combining AOL with another company, according to reports in
The Wall Street Journal and the
New York Times, respectively.
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Microsoft Corp. may divest Dynamics,
according to
451 Group's Tech Dealmaker.
The New York Times has a proposal for KKR's IPO.
In
the courtroom, Liberty Media Corp. and IAC/InterActiveCorp heard
witnesses testify Liberty can block IAC from extraordinary transactions
such as the proposed spin-off of four business units, according to the
Wall Street Journal.
Coach Inc. plans to replace its president and chief operating
officer in late June with Victoria's Secret COO Jerry Stritzke,
according to
Wall Street Journal.
-
Maria Woehr
