massachusetts
Icahn denies attempt to sell Herbalife stock, buys more shares
August 27, 2016 by publisher · Leave a Comment
Herbalife shares rose 4 percent in extended trading, reversing course after Icahn said he had bought 2.3 million shares on Friday. “Completely contrary to what Bill Ackman stated on television today, I have never given Jefferies an order to sell any of our Herbalife shares,” Icahn said in a statement after market close. Ackman, who unveiled a $1 billion short bet against Herbalife in 2012, said on CNBC earlier in the day that Icahn's planned stake
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Icahn denies attempt to sell Herbalife stock, buys more shares
massachusetts
Redstone granddaughter agrees to case dismissal, helps broader deal
August 27, 2016 by creative · Leave a Comment
The granddaughter of Viacom Inc's controlling shareholder Sumner Redstone has agreed to let a Massachusetts court dismiss claims brought by former company leaders, a step that will help end a battle over the fate of the media empire. …
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Redstone granddaughter agrees to case dismissal, helps broader deal
massachusetts
Viacom and controlling shareholder Sumner Redstone agree on settlement: sources
August 19, 2016 by creative · Leave a Comment
By Jessica Toonkel NEW YORK (Reuters) – – Viacom Inc and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman, two sources familiar with the situation told Reuters on Thursday. The settlement would end the battle for control over Redstone's $40 billion empire that includes Viacom and CBS, and which has been …
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Viacom and controlling shareholder Sumner Redstone agree on settlement: sources
massachusetts
Bezos says Amazon to up India investment to $5 billion
June 8, 2016 by admin · Leave a Comment
Amazon Inc Chief Executive Jeff Bezos said on Tuesday the company would invest an additional $3 billion in India, boosting its committed investment in the country to over $5 billion. Bezos told an event in Washington attended by Indian Prime Minister Narendra Modi – who met earlier on…
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Bezos says Amazon to up India investment to $5 billion
massachusetts
Judge says needs time to rule on date of Sumner Redstone competence trial
June 8, 2016 by admin · Leave a Comment
The battle over control of Sumner Redstone’s $40 billion media empire moved to a Massachusetts courtroom on Tuesday, where a state judge said he needed time to decide whether to move up the date of a trial questioning the 93-year-old’s mental competence. Probate and Family…
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Judge says needs time to rule on date of Sumner Redstone competence trial
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Record highs predicted for bitcoin in 2016 as new supply halves
December 23, 2015 by admin · Leave a Comment
The reason 2016 looks set to be different is that bitcoin's price is likely to be driven in large part by similar factors to a traditional fiat currency, following the age-old principles of supply and demand. Instead of being controlled by a central bank, bitcoin relies on so-called “mining” computers that validate blocks of transactions by competing to solve mathematical
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Record highs predicted for bitcoin in 2016 as new supply halves
massachusetts
Exclusive: Shire closer to deal to buy Baxalta – sources
December 23, 2015 by creative · Leave a Comment
By Carl O'Donnell and Pamela Barbaglia NEW YORK/LONDON (Reuters) – Drug maker Shire Plc has made a new acquisition offer for peer Baxalta International Inc that is roughly in line with the latter's valuation expectations, making a deal…
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Exclusive: Shire closer to deal to buy Baxalta – sources
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Cuba signs deal with Sprint, says it is open for more business
November 2, 2015 by creative · Leave a Comment
By Daniel Trotta and Jaime Hamre HAVANA (Reuters) – Cuba signed a roaming agreement with U.S. telecom Sprint Corp during its first annual trade fair since rapprochement with the United States and told 600 companies from 70 countries at that it was eager for more business. The Havana International Fair
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Cuba signs deal with Sprint, says it is open for more business
massachusetts
Shire to buy Dyax for $5.9 billion, still wants Baxalta
November 2, 2015 by elegant · Leave a Comment
Shire Plc has agreed to buy U.S. rare disease specialist Dyax Corp for about $5.9 billion – and potentially up to $6.5 billion – while still pursuing a five times larger unsolicited bid for Baxalta Inc . Given its existing HAE presence, Ornskov acknowledged the deal would be scrutinized by antitrust authorities and he said Shire was already preparing for this.
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Shire to buy Dyax for $5.9 billion, still wants Baxalta