Michael Dell Faces Competition in Taking Company Private
Dell's board has determined that the bids from buyout specialist Blackstone and Icahn could be superior to a proposal from CEO Michael Dell and Silver Lake Partners.
buyout
Best Buy Earnings Are Good, But Buyout Talks Are Officially Dead
Best Buy reported better-than-expected numbers for its fourth quarter, but CEO Hubert Joly also confirmed that buyout talks with founder Richard Schulze have failed.
Best Buy's Founder Allowed to Pursue Buyout
Best Buy and its founder and former chairman Richard Schulze say they have an agreement that will allow Schulze to pursue his plan to try to buy the nation's largest consumer electronics chain.
Microsoft and NBC Cut Ties on MSNBC.com
Microsoft is pulling out of the joint venture that owned MSNBC.com, freeing the world's largest software maker to build its own online news service. NBC is buying Microsoft's 50% interest in the website and will rebrand it NBCNews.com.
Best Buy Founder Mulling Bid to Take Electronics Retailer Private
Best Buy stock pushed higher on word that founder Richard Schulze may be considering a bid to take the electronics retailer private, according to The Wall Street Journal. But Schulze, who owns 20% of the company, may yet decide to sell his stake instead.
Why BlackBerry Maker RIM Will Never Be Great Again
It has been a horrible year for Research In Motion, and things may not be getting any better for the BlackBerry maker come 2012. Despite all of the buyout speculation, RIM's stock has been a disaster. In fact, it's a foregone conclusion that RIM is toast.
RIM Rumor or Reality: Is a BlackBerry Buyout Coming?
Major tech companies including Amazon, Microsoft and Nokia have been eyeing BlackBerry maker Research In Motion, according to recent reports. True, we shouldn't jump to any conclusions based on the words of "unnamed sources." But all of the attention RIM's getting does make sense.
B&N Buyout Bid Is a Bet Against Amazon, Apple
Liberty Media, the conglomerate controlled by John Malone, made a $1 billion bid Thursday to buy Barnes & Noble. The bricks-and-mortar bookstore business is declining everywhere, so for Malone's gamble is to pay off, the Nook will have to gain some ground against Apple's iPad and Amazon's Kindle.
Microsoft Unlikely to Boost Rates on Premium Skype Plan
Microsoft has a lot of plans for squeezing profits out of its $8.5 billion acquisition of Internet phone service Skype, but raising the rates on its premium VoIP service is unlikely to be among them, according to industry analysts.
What If AT&T's T-Mobile Buyout Gets Shot Down?
Regulators have begun to take a long, hard look at whether the AT&T buyout of T-Mobile would create a quasi-monopoly in the American cellular carrier industry. If those antitrust concerns sink the deal, AT&T could be in real trouble, because cellular is its only clear hope for growth.
Inside Wall Street: Interest in Genomic Research Sector Heats Up Again
A secluded sector of biotechnology -- DNA sequencing and genetic analysis -- is hot once again on Wall Street. Leaders in the sector, like Ilumina, Life Technologies, and Human Genome Sciences, outscored most other biotechs last year.
Toyota Offers California Employees Buyouts to Slim Workforce
The world's largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
European Commission Approves Intel Acquisition of McAfee
The European Commission on Wednesday approved Intel's $7.68 billion acquisition of security-software company McAfee. Regulators had been concerned that the deal would exclude competing software from working with Intel processors, but Intel agreed to maintain interoperability.
Sara Lee Attracts Buyout Interest from Apollo-Led Group, JBS
Bidders may be lining up for Sara Lee as private equity firm Apollo assembles an investor group to explore a possible offer and Brazilian meat-processor JBS considers coming back with a better deal.
Playboy Going Private in Hefner-Backed Buyout
For more than a year, adult entertainment company Playboy Enterprises has been looking for someone to save it, but in the end, its savior came from within. Last July, founder Hugh Hefner offered to take Playboy private, and Monday, the company finally announced that it has agreed to his offer.