Items tagged with buyout
Microsoft's bid to buy Activision-Blizzard Entertainment has faced a tough road and the tech giant believes it is about to get harder. The company is already facing opposition from the European Commission and the Federal Trade Commission (FTC).
As soon as Microsoft announced its intent to buy Activision-Blizzard...
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It appears that the Elon Musk and Twitter drama may finally be coming to a close. In a tweet, Twitter announced that Musk intends to close the deal at $54.20 per share.
Elon Musk announced his intention to buy Twitter back in April of this year for over $41 billion, or $54.20 per share. At the time of the proposal...
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The rumor mill has been churning with conflicting reports in terms of a possible merger between Electronic Arts (EA) and Amazon. EA has been said to be pursuing a sale recently, with possible candidates including Amazon, Disney, Apple, and Comcast-NBCUniversal.
Earlier today rumors were floated around that Amazon...
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According to people familiar with the Twitter buyout, the deal may be in jeopardy due to Elon Musk's team concluding that Twitter's numbers on spam accounts are not verifiable. Those speaking on the condition of anonymity, stated that Musk's team has stopped engaging in certain discussions surrounding the funding for...
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Twitter's board of directors announced that it had unanimously adopted a shareholder rights plan, also referred to as a poison pill. This comes in the wake of Elon Musk's offer to buy the social media platform.
Elon Musk has been on a mission to shake things up at Twitter since it was announced he had bought 9.2%...
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Many Netflix fans aren’t sure if a purchase of the streaming giant by Apple would be a good thing or not. Regardless of these mixed emotions, there is a high likelihood that Apple will buy Netflix in 2018 according to Citi analysts. These analysts put the probability of a Netflix purchase by Apple at 40 percent, with the the purchase being
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Dell's decision to go private (and Microsoft's $2B investment) are big news in the tech world today, but there's precious little in the way of hard evidence for why Michael Dell decided to buy back the company he founded as a college student back in 1984. The Microsoft angle has gotten a lot of press, but it's not the...
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A recent study may show another reason why AT&T is interested in purchasing T-Mobile: According to research, AT&T stands to get a more loyal customer base with the purchase of T-Mobile. The survey from Vocal Laboratories shows that T-Mobile customers are 11% more likely to resubscribe than AT&T customers. Vocal Laboratories cited...
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The question of what's next for AMD took an interesting twist this morning as the company's stock rose ~ five percent on the rumor that Dell might be interested in acquiring the CPU designer. To say 2011 has been a tumultuous year for AMD thus far would be an understatement; the company has launched major new products, fired its CEO, turned...
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Talk about a change of plans. Over the weekend, we heard that Palm's boss (Jon Rubinstein) was confident that he could get things turned around. The company has had trouble lately keeping their stock price afloat, and they've also had trouble moving their two webOS phones, the Pixi and Pre (along with the Pre Plus and Pixi Plus on Verizon...
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Facebook has acquired FriendFeed, a Silicon Valley company that lets Facebook members see what their friends are doing online and share content. For the time being, FriendFeed will continue to operate as normal until both teams determine longer term plans for the product. The acquisition provides Facebook with an opportunity to expand into...
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The world’s number three PC maker Lenovo Group Ltd. announced today that it is negotiating a deal to acquire Europe-based PC maker Packard Bell BV, via a third party. However, Lenovo may not be the only company that is eying Packard Bell. Back in April, Acer announced plans to buy up a PC company within five months to gain more market share...
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