Entries tagged "divest"
Bank of America held a $13.5 billion stock sale priced at $10.77 per share.
Cablevision Systems Corp. could be shopping its Rainbow Media Holdings LLC. Pali Research analyst Rich Greenfield wrote in his most recent report that a new book for the cable channel group, which includes AMC, WeTV, Sundance, IFC and others is already circulating. ...
Friends Provident plc's new CEO Trevor Matthews is tasked with the job to turn around the struggling British insurer. So what's his plan? Apparently it doesn't involve selling assets, Friends' original strategy before his arrival, according to a Reuters report....
Citigroup Inc. is reorganizing its investment bank, forming an "alternative asset group" to bring together its groups' servicing private equity and infrastructure funds. ...
Here's the news for Thursday. Time Warner Inc.'s AOL is buying social network Bebo Inc. for $850 million, and management is considering splitting off the business, according to Reuters and Silicon Alley Insider. Electronic Arts Inc. is officially going hostile with a $2 billion tender offer for Take-Two Interactive Software Inc., according to The New York Times.Jossip is on the block, the New York Post reports. YO! Sushi, a sushi operator, has been acquired by Quilvest Group and its management team, according to Restaurant News Resource. Good Times Restaurants Inc.'s wholly owned subsidiary, Good Times Drive Thru Inc., is acquiring...
