LodgeNet files for Ch. 11, plans sale to Colony
LodgeNet Interactive Corp. says it is filing for Chapter 11 bankruptcy protection as part of a plan to sell itself to investment firm Colony Capital for $60 million.
Business
Jan 28, 2013
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Elliott offers to buy Compuware for $2.35B (Update)
(AP)—Compuware shares jumped 17 percent Monday, after one of its largest shareholders offered to buy the software development company for about $2.35 billion in a bid to turn it around.
Business
Dec 17, 2012
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Permira buys Ancestry.com for $1.6 bn
European private equity group Permira will take over the popular Nasdaq-listed genealogy website Ancestry.com for $1.6 billion in cash, Permira announced on Monday.
Business
Oct 22, 2012
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Equity firm Carlyle completes deal for Getty Images
A private investment group Thursday completed its deal to take over the photography agency Getty Images for $3.3 billion.
Business
Oct 18, 2012
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Eyes on Apple for "iPhone 5" debut
The stage is set for Apple to unveil a new-generation iPhone on Wednesday as the culture-changing company once again lays claim to the heart of the Internet age lifestyle.
Consumer & Gadgets
Sep 12, 2012
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Corporate political giving doesn't pay: study
Sixteenth-century European explorers probed the jungles and valleys of South America in search of El Dorado, the legendary lost city of gold, but came up empty-handed. Corporate political supporters may find themselves similarly ...
Economics & Business
Jun 11, 2012
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Samsung Group to invest record $41.56 bln this year
South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.
Business
Jan 17, 2012
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Google, KKR invest in California solar project
Online search and advertising giant Google is teaming with investment firm Kohlberg Kravis Roberts & Co. to develop four solar energy farms serving the Sacramento Municipal Utility District in California.
Energy & Green Tech
Dec 20, 2011
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Internet stock slips raise fears of new bubble
Quick cooling of hot stock market debuts by Internet darlings such as Groupon has fed fears of another speculative bubble as social networking star Facebook prepares to go public.
Business
Nov 30, 2011
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Berkshire buys 5 pct of IBM, takes other stakes
(AP) -- Warren Buffett said Monday that his company has spent $10.7 billion to buy more than 5 percent of IBM's stock this year, a surprising move by the billionaire investor who has long shied away from investing in high ...
Business
Nov 14, 2011
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