Mergers and Acquisitions

• CBS in $1.75B deal for online news site CNet
  AP ( 15, 2008)
  NEW YORK (AP) - CBS Corp. agreed to buy online technology news and entertainment company CNet Networks Inc. for about $1.75 billion, expanding its access to the burgeoning Internet advertising market.
   
  
• AP source: United, Continental in alliance talks
  AP ( 15, 2008)
  CHICAGO (AP) - United Airlines and Continental Airlines Inc. are talking about forming an alliance to gain some benefits of working together without going through a merger, which Continental rejected last month, a person close to the talks said Wednesday.
   
  
• CBS Corporation To Acquire CNET Networks, Inc.
  PRNewswire (May 15, 2008 )
  
   
  
• Ask.com acquires Dictionary.com, other references
  AP ( 15, 2008)
  SAN FRANCISCO (AP) - Ask.com has bought a stable of Internet reference sites that includes Dictionary.com in its latest effort to distinguish itself from online search leader Google Inc. and other much larger rivals.
   
  
• North American Gem Inc. Acquires Coal Property from Second Diamond Explorer to Hit Coal Northwest of Hudson Bay Saskatchewan
  PRNewswire (May 14, 2008 )
  
   
  
• Whistleblowers Ask Senator Chuck Grassley and U.S. Justice Department to Launch Congressional Investigations Into the Illegal Acquisition and Federal Funding of the Historic Winecoff Hotel In Atlanta Georgia
  PRNewswire (May 14, 2008 )
  
   
  
• Ingersoll Rand to Discuss Its Businesses and Proposed Acquisition of Trane at Electrical Products Group Conference
  PRNewswire (May 14, 2008 )
  
   
  
• HP to buy EDS for about $13.2 billion in cash
  AP ( 13, 2008)
  SAN FRANCISCO (AP) - Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $13.2 billion in a deal that will create the second largest technology services provider behind IBM.
   
  
• Staples sweetens hostile bid for Corporate Express
  AP ( 13, 2008)
  BOSTON (AP) - Corporate Express NV said it's willing to consider a sweetened $2.26 billion hostile takeover bid by rival office products supplier Staples Inc., which boosted its offering price 10 percent Tuesday.
   
  
• JVC, Kenwood to set up joint holding company
  AP ( 12, 2008)
  TOKYO (AP) - Home electronics suppliers Victor Co. of Japan and Kenwood Corp. said Monday they have agreed to combine operations under a holding company that will focus on car and home audio electronics.
   
  
• Person close to talks: Cablevision close to getting Newsday
  AP ( 12, 2008)
  NEW YORK (AP) - Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million, a person with knowledge of the situation said Sunday.
   
  
• CKX Announces Strong Quarterly Results
  PRNewswire (May 12, 2008 )
  
   
  
• Sprint affiliate sues to block Clearwire deal
  AP ( 12, 2008)
  KANSAS CITY, Mo. (AP) - An affiliate of Sprint Nextel Corp., iPCS Inc., said Monday it is seeking to block Sprint from forming a wireless broadband company with Clearwire Corp.
   
  
• Cablevision buys Newsday from Tribune for $650M
  AP ( 12, 2008)
  NEW YORK (AP) - Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. in a deal valued at $650 million, the companies announced Monday.
   
  
• Huntsman Releases 2008 First Quarter Results
  PRNewswire (May 09, 2008 )
  
   
  
• ArcelorMittal sues Esmark over aborted steel mill sale
  AP ( 009, 2008)
  BALTIMORE (AP) - ArcelorMittal, the world's largest steelmaker, filed a lawsuit against steelmaker Esmark over the aborted sale of a steel mill near Baltimore.
   
  
• Icahn prepared to buy Circuit City if Blockbuster can't
  AP ( 009, 2008)
  NEW YORK (AP) - Consumer electronics retailer Circuit City Stores said Friday that it will allow Blockbuster to review its books in connection with the video-rental chain's bid to buy the company.
   
  
• Xenon Pictures Acquires ´Amexicano´
  PRNewswire (May 09, 2008 )
  
   
  
• IBERIABANK Corporation Announces Pulaski Bank & Trust Company Expansion
  PRNewswire (May 09, 2008 )
  
   
  
• ATK Notified of Canadian Government Decision to Block Proposed Acquisition of MacDonald, Dettwiler and Associates Information Systems and Geospatial Businesses
  PRNewswire (May 09, 2008 )
  
   
  
• The Advisory Board Company Reports Fiscal Year 2008 Fourth Quarter Results
  PRNewswire (May 08, 2008 )
  
   
  
• Peerless Mfg. Co. Reports Third Quarter Fiscal Year 2008 Financial Results
  PRNewswire (May 08, 2008 )
  
   
  
• Clearwire, Sprint Nextel to form $14.55B wireless company
  AP ( 007, 2008)
  NEW YORK (AP) - Clearwire and Sprint Nextel will combine their wireless broadband units to create a $14.55 billion communications company.
   
  
• AP sources give inside look at Microsoft's raised Yahoo bid
  AP ( 007, 2008)
  SAN FRANCISCO (AP) - Just how serious was Microsoft Corp. about raising its bid to $47.5 billion for slumping Internet pioneer Yahoo Inc.?
   
  
• HLTH Corporation Announces First Quarter Financial Results
  PRNewswire (May 06, 2008 )
  
   
  
• United and US Airways Flight Attendant Leaders Comment on Merger Reports
  PRNewswire (May 06, 2008 )
  
   
  
• Yahoo facing shareholder fireworks at July 3 annual meeting
  AP ( 006, 2008)
  SAN FRANCISCO (AP) - When Yahoo Inc. holds its annual meeting July 3, expect fireworks from irate shareholders seeking retribution for the company's decision to remain independent instead of accepting a $47.5 billion takeover offer from Microsoft Corp.
   
  
• Knight Capital Group to Acquire Libertas Holdings, LLC, a Leading Boutique Institutional Fixed Income Brokerage Firm
  PRNewswire (May 06, 2008 )
  
   
  
• Pure Earth, Inc. Completes Acquisition of Nycon, Inc., Introduces Ground-Breaking, Patented, Proprietary ´Green´ Reinforcing Fiber for Use in Concrete
  PRNewswire (May 06, 2008 )
  
   
  
• Gates: 'Key decisions' up to Ballmer
  AP ( 006, 2008)
  SEOUL, South Korea (AP) - Microsoft Chairman Bill Gates said Tuesday that "key decisions" following the company's withdrawal of a $47.5 billion bid for Yahoo will be made by CEO Steve Ballmer.
   
  
• Whiting Petroleum Corporation Announces Agreement to Acquire Properties in the Uinta Basin for $365 Million
  PRNewswire (May 05, 2008 )
  
   
  
• Report: DT mulling bid for Sprint Nextel
  AP ( 005, 2008)
  FRANKFURT, Germany (AP) - Deutsche Telekom AG is considering a bid for Sprint Nextel Corp., according to a media report Monday.
   
  
• Universal Music Group (UMG) Closes Acquisition of Univision Music Group
  PRNewswire (May 05, 2008 )
  
   
  
• Yahoo shares fall 16 percent after Microsoft withdraws bid
  AP ( 005, 2008)
  SAN FRANCISCO (AP) - Yahoo shares fell more than 16 percent Monday as hopes for the once-dominant Internet icon dimmed following Microsoft's withdrawal of a $47.5 billion takeover bid.
   
  
• Yahoo CEO facing possible rebellion after spurning Microsoft
  AP ( 005, 2008)
  SAN FRANCISCO (AP) - Yahoo Inc.'s shares tumbled by more than 23 percent in premarket trading Monday after Microsoft Corp. withdrew a $47.5 billion takeover offer for the Internet pioneer.
   
  
• European Union clears Korean bid for shipbuilder Aker
  AP ( 005, 2008)
  BRUSSELS, Belgium (AP) - European Union regulators on Monday cleared South Korea's STX Corp. to buy a 39 percent stake in Europe's largest shipbuilder, Aker Yards ASA.
   
  
• Aloha Pilots: Sale of Cargo Unit Could Leave Aloha Cargo Workers Unemployed
  PRNewswire (May 02, 2008 )
  
   
  
• Shanghai Medical Technology Co., Ltd. Completes Merger With Aamaxan Transport Group, Inc.
  PRNewswire (May 02, 2008 )
  
   
  
• Report: Microsoft-Yahoo deal may go hostile Friday
  AP ( 002, 2008)
  SEATTLE (AP) - Microsoft Corp. may go hostile in its bid for Yahoo Inc. as soon as Friday, according to a published report.