Sources close to to acquisition talks between Yahoo and Tumblr say the blogging platform feels that Yahoo's $1.1 billion offer as "too low" and view it as "only a first offer". Yahoo may have to significantly increase the offer to close the deal. Show More Summary
Yahoo looks to be very seriously eyeing a Tumblr acquisition, according to a report from AllThingsD The tech blog is reporting that the Yahoo board plans to meet Sunday to mull a $1.1 billion all-cash bid for TumblrATD cautions that the deal could fall apart, but was on track as of Friday evening. Show More Summary
According to Kara Swisher and Peter Kafka of AllThingsD, Yahoo’s board will meet in two days time on Sunday to vote to approve a $1.1 billion cash offer for Tumblr, the popular blogging service... Keep reading ?
Today a court filing made it known that MetroPCS has dropped its lawsuit against the Federal Communications Commission (FCC) regarding net neutrality. The comes following MetroPCS’ acquisition by T-Mobile, a company that... Keep reading ?
Yahoo has called a mystery press event in New York City on Monday afternoon, hot on the heels of rumors that it plans to buy Tumblr for US$1 billion. "Join us as we share something special," says the invite, sent to members of the press Friday afternoon. Show More Summary
The deal’s finally done, with Kroenke Sports & Entertainment paying $10.25 a share — about $265M — for the cable channel. “As a part of KSE, Outdoor Channel will be well positioned — competitively, strategically and financially — to meet the needs of its customers and business partners,” says KSE chief Jim Martin. Show More Summary
Accenture to Strengthen Digital Marketing and eCommerce Capabilities with Acquisition of Acquity Group NEW YORK & CHICAGO--(BUSINESS WIRE)-- Accenture ( NYS: ACN ) and Acquity Group Ltd. (NYSE MKT: AQ) have entered into a definitive agreement under which Accenture will acquire Acquity Group,a leading digital marketing and eCommerce company. Show More Summary
Freeport-McMoRan announced that it would be spending $9 billion to acquire Plains Exploration & Production, along with McMoRan Exploration last December. Neither deal has closed, and the subsequent drop in Freeport's stock price hasShow More Summary
From the time acquisitions are announced to the time they close, a lot can change. Will the current market environment shoot this deal down?
Following rumors that Yahoo is in talks to buy blogging platform Tumblr for an estimated $1 billion, the company has sent members of the press invitations to a mysterious event it is holding next week. The event, which will be held at 5:00 p.m. Show More Summary
On Monday, it seems that we may get a better sense of what Yahoo plans to build in the wake of its acquisition spree, as CNBC is reporting that the company will be holding a "product-related" news event on Monday in New York City. Marissa Mayer will reportedly be speaking at the press conference, but that's all we know about the contents of the event at this point.
For months we’ve been hearing reports of ShoeDazzle shopping itself. Across dozens of conversations with investors, founders, bankers, and other people in the know, we’ve heard everything from “the investors want out” to “the company is simply testing the waters before it raises another round of capital.” We’ve heard about a wide range of potential suitors too. A deal...
Zillow delivered 71% growth in revenue but EBITDA margin dropped from 24% to 13% on increased marketing and costs associated with acquisition. Related Posts: Zillow Reports Record 1Q 2013 Results Record 4Q for Zillow Zillow: Record Sales in 2011 Zillow Reports Profit in Q2 Results Trulia: Record 4Q Revenue $20.6M
Facebook isn’t the only company that can pay upwards of $1 billion to acquire a hot digital property. According to AllThingsD, Yahoo may be seriously considering the acquisition of social networking platform Tumblr. Earlier this week, Yahoo CFO Ken Goldman spoke at JP Morgan’s Global Technology conference and underscored the need for the aging Silicon [...]
Yahoo is eyeing the blogging platform Tumblr, but Facebook might beat it to the buzzer. It's beginning to look like Facebook might spoil Yahoo's acquisition party. The search giant has been eyeing Tumblr for awhile, according to AllShow More Summary
LONDON (Reuters) - A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession.
Sprint today announced that it has finalized its purchase of spectrum and customers from U.S. Cellular in a handful of mid-western markets. The transaction gives Sprint 20MHz of spectrum in Chicago, South Bend, Ind., and Champaign, Ill., and 10MHz of spectrum in St. Show More Summary
(Reuters) - Caterpillar Inc and China-based Mining Machinery Ltd said on Thursday they have settled outstanding issues related to Caterpillar's acquisition of mining equipment firm ERA and its Siwei unit through a reduction in the purchase price.
This year's $1 billion acquisition?
By Intelligent Speculator: About one year ago, Facebook (FB) announced it was acquiring Instagram for $1 billion which was a very surprising move. Not only was it reportedly negotiated by Zuckerberg over one evening but we also later found out that Facebook's board was only notified after the facts. Show More Summary