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Is News Corp About to Split in Two?
Tuesday, June 26, 2012 - 8:21am | 417Read More...News Corp. (NASDAQ: NWSA, NASDAQ: NWS), the diversified global media company, is considering separating its publishing arm from its entertainment division. According to Dealbook, the move would mean splitting the far larger and more profitable Fox movie studio and television networks from the...
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Carlyle Eyes $800 Million IPO
Wednesday, April 11, 2012 - 8:52am | 448Read More...Carlyle Group LP, the private equity conglomerate with $147 billion in management, will soon take its show on the road as it seeks to offer a tenth of its equity to the public. The company expects to raise between $750 and $800 million, according to Reuters, which would put its valuation at $7.5 to...
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DuPont Gives Danisco More Time (DD)
Wednesday, March 30, 2011 - 9:45am | 199Read More...The New York Times DealBook is reporting that DuPont (NYSE: DD) is extending its offer for Danish company Danisco for the second time, as it really hopes to win shareholder approval for the company. DuPont had offered $6 billion for the food ingredients company. The Delaware-based company said it...
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Who's Next? (NDAQ, NYX, CME, CBOE, ICE)
Friday, February 11, 2011 - 9:33am | 441Read More...Who's next in the exchange merger mania we're seeing? Shares of NASDAQ OMX (NASDAQ: NDAQ), CME Group Inc. (NASDAQ: CME), and CBOE Holdings, Inc (NASDAQ: CBOE) all rallied yesterday a day after the NYSE Euronext (NYSE: NYX) and Deutsche Borse disclosed they were in advanced merger talks. Earlier...
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U.S. Treasury Taking Advice On Ally Financial IPO
Thursday, January 27, 2011 - 3:00pm | 131Read More...According to the New York Times Deal Book, the U.S. Treasury hired Perella Weinberg Partners to advise the government on Ally Financial's impending initial public offering, according to a contract posted online today. Ally Financial, which used to be known as GMAC, is set to go public later this...
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Facebook To Go Public In 2012
Thursday, January 6, 2011 - 6:05pm | 73Read More...The New York Times DealBook is reporting that Facebook is looking to go public in 2012, according to the memorandum prospectus Goldman Sachs (NYSE: GS) gave to prospective investors. Facebook had revenues and net income sharply higher in 2010 than in 2009. In 2010, it had revenues of $2 billion,...
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Qualcomm Buys Atheros For $45 In Cash (QCOM, ATHR)
Wednesday, January 5, 2011 - 8:40am | 284Read More...QUALCOMM, Inc. (NASDAQ: QCOM) announced it was buying Atheros Communications, Inc. (NASDAQ: ATHR) for $45 per share in cash. Rumors of the deal first leaked yesterday when The New York Times DealBook first reported about the deal. Shares of Atheros skyrocketed on the report, then was halted for a...
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Qualcomm Near Deal For Atheros (QCOM, ATHR)
Tuesday, January 4, 2011 - 4:09pm | 119Read More...The New York Times DealBook is reporting that Qualcomm (NASDAQ: QCOM) is near a deal to by Atheros Communications, Inc. (NASDAQ: ATHR). Qualcomm would pay about $45 per share for the company, or $3.5 billion in cash. A deal could be announced as soon as tomorrow. Qualcomm has been looking to get...
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Ken Griffin's Letter To Investors
Monday, December 27, 2010 - 12:56pm | 137Read More...The New York Times DealBook has Ken Griffin's letter to investors of Citadel Investment Group. In the letter, Griffin talks about the four main lessons that Citadel lives by: - Hire the best people and create a culture of opportunity. – Take calculated risks. – Embrace opportunities. – Never lose...
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Facebook, Twitter, and Groupon Up 70% Since June
Monday, December 27, 2010 - 8:45am | 55Read More...The New York Times DealBook said that Facebook, Twitter and Groupon have returned 70% since June. Not bad, eh? The 70% return in enterprise value since June now value the trio of companies $49.7 billion, $41.8 billion for Facebook, Twitter at $3.7 billion and Groupon at $4.8 billion.
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AIA Shares Jump 17% in First Day of Trading, AIG Could Benefit (AIG)
Friday, October 29, 2010 - 12:26pm | 266Read More...American International Assurance (AIA), the insurance unit that American International Group (NYSE: AIG) recently spun off into public trade, is up 17% in its first day of trading. With the closing share price of 23.05 Hong Kong dollars, the company is now worth $35.8 billion. According to a New...
