buyout

Best Buy's Founder Allowed to Pursue Buyout

Best Buy Co 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.

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.

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.

AIG's Nan Shan Unit Attracts Multiple Buyout Bids

AIG, which wants to spin off its Taiwan-based Nan Shan Life Insurance unit, has a few live ones nibbling on the line to snap it up, according to a Bloomberg report. The company has disclosed in an SEC filing that Nan Shan has attracted unsolicited offers ranging from $2.15 billion to $3 billion.

Jo-Ann Stores to Be Purchased for $1.6 Billion

News that Jo-Ann Stores has agreed to be acquired by an affiliate of private-equity firm Leonard Green & Partners for about $1.6 billion has sent shares of the craft retailer soaring 33% in premarket trading.

Seneca Blasts Carl Icahn's Bid for Dynegy

Last week, power-plant operator Dynegy agreed to be acquired by top shareholder, Icahn Enterprises, for about $665 million. But Dynegy's second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it "the wrong price at the wrong time for the wrong reasons."

Raytheon to Buy Applied Signal for $490 million

Defense contractor Raytheon said Monday it has agreed to buy Applied Signal Technology, which specializes in collecting and processing communication signals to support tactical and strategic intelligence missions, for an aggregate purchase price of approximately $490 million.

Groupon Looks to Raise Funds After Spurning Google Bid

Groupon, the online social coupon site launched in 2008, is looking to raise hundreds of millions of dollars in expansion-related funding after rejecting a bid from search giant Google worth as much as $6 billion, Bloomberg News reported Thursday, citing people familiar with the process.

Icahn Enterprises to Buy Dynegy for $665 million

Power plant operator Dynegy has agreed to be acquired by Icahn Enterprises for $5.50 per share in cash, or about $665 million. Dynegy has about $3.95 billion of outstanding debt, net of cash. The agreement follows a recent failed bid from private equity giant The Blackstone Group.

Dell's Planned Low Bid for Compellent Sends Shares Down

Dell confirmed Thursday it's in exclusive buyout talks with Compellent Technologies, but the proposed buyout price for the data storage company is apparently less than what investors were betting on. Compellent shares fell as much as 15% to an intraday low of $28.58 a share.

Borders' Bid for B&N Will Go Nowhere Fast

When Barnes & Noble announced it was looking for a buyer, we entertained the fanciful notion that its smaller rival, struggling book retailer Borders, might put in a bid. As absurd as the idea was, that buyout offer has been made. Here's why it has virtually no chance of succeeding.

Hyundai's Deal to Reacquire Hyundai E&C Under Fire

Hyundai Group landed a preliminary $4.8 billion deal to purchase South Korea's Hyundai Engineering and Construction Co., that nation's largest contractor, but concerns over whether Hyundai Group can pull the financing together is raising questions among top investors.