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Blackstone, Pactera insiders make $680 million offer
Reuters(Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private. Pactera said it...Tags: Morgan Stanley Dean Witter & Company, Leveraged Buyouts, Finance, Dell Inc., Labor Markets
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GrubHub, Seamless to combine online food ordering businesses
Tribune staff reporterChicago-based food ordering startup GrubHub is merging with its rival Seamless, creating a company with more than $100 million in revenue and a combined network of more than 20,000 local takeout restaurants across the U.S. GrubHub and New York-based...Tags: Lifestyle and Leisure, Restaurants, Startups, Business, Corporate Officers
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Actavis to buy Warner Chilcott in $5 billion stock deal
Reuters(Reuters) - Generic drugmaker Actavis Inc, itself a recent takeover target, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits....Tags: Valeant Pharmaceuticals International, Pharmaceuticals, Patents, Copyrights and Trademarks, Mergers, Acquisitions and Takeovers, Deutsche Bank AG
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Royalty raises Elan bid, issues ultimatum to shareholders
ReutersDUBLIN/NEW YORK (Reuters) - Royalty Pharma raised its hostile bid for Elan to $12.50 per share and threatened to withdraw the bid if Elan shareholders approve a series of defensive transactions announced by the Irish drug firm. Royalty Pharma, which buys...Tags: Elan Corporation Plc, Shareholders, Alzheimer's Disease, Mergers, Acquisitions and Takeovers, Multiple Sclerosis
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MOVES-Citigroup, JP Morgan Private Bank, RBS, Barclays
ReutersMay 20 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. CITIGROUP INC The company named Jane Fraser as the new head of the bank's mortgage...Tags: JPMorgan Chase & Co., Finance, Investment Service, Management Change, Citigroup Incorporated
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Apple to argue for tax reform, defend tax practices on Tuesday
ReutersSAN FRANCISCO (Reuters) - Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore...Tags: Credit Ratings, Microsoft Corporation, Hewlett-Packard Co., Tim Cook, Earnings
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Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since she left...
Tags: Forrester Research Incorporated, Prices, Sergey Brin, Advertising, Social Media
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With sign, everyone will know Children's Place's space
The Record, Hackensack, N.J.Secaucus HQ. Apparel retailer The Children's Place wants the world -- or at least that part of the world that travels on the New Jersey Turnpike -- to know it is proud to have its headquarters in North Jersey. This weekend, The Children's Place...Tags: New Jersey Turnpike, Hurricane Sandy (2012), Rentals, Arts, Rental Service
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1928-2013: Ohio Company head was civic leader
The Columbus DispatchDonald C. Fanta, the former president and chief executive officer of the Ohio Company, was remembered yesterday as a civic leader while he led the securities firm. Fanta, who lived in German Village, died on Friday at Mount Carmel West hospital. He...Tags: Atlantic Ocean, U.S. Army, The Salvation Army, Corporate Officers, Economy, Business and Finance
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South African wage demands send rand to four year low
Reuters* Main mining union NUM seeks wage hikes of up to 60 pct * Gold companies' shares drop, rand also under pressure * Threat of mines unrest is headache for ruling ANC * NUM rival AMCU now dominates tense platinum sector By Ed Stoddard JOHANNESBURG, May...Tags: Africa, Gold Fields Limited, Government, Economy, Business and Finance, Politics
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Al-Abdulkarim: Bright prospects for graduates of local universities
Arab News, Jeddah, Saudi ArabiaModern Products Company, a joint venture with Procter & Gamble, has been ranked in the top three of the "Best Saudi Company to Work" for 2011 listing for the Private-Production and Manufacturing Sector category, according to Fahad Abdullah Al-Abdulkarim,...Tags: Employment, Procter & Gamble, Consumers, Restructuring and Recapitalization, Joint Ventures
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Etihad acquires 3 airport firms
Khaleej TimesEtihad Airways has acquired three airport services companies to accelerate and consolidate the development of in-flight catering services, ground handling and cargo operations at Abu Dhabi International Airport. The acquisition will provide...Tags: Abu Dhabi (United Arab Emirates), Boeing Co., Transportation, Air Transportation Industry, Air Transportation
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