Highlights
A collection of news and information related to Mergers, Acquisitions and Takeovers published by Tribune Company sources.
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10-Year-Old Google's Growth Raising Monopoly Fears
Associated PressWhen Larry Page and Sergey Brin founded Google Inc. on Sept. 7, 1998, they had little more than their ingenuity, four computers and an investor's $100,000 bet on their belief that an Internet search engine could change the world. It sounded...Tags: Yahoo! Inc., Patents, Copyrights and Trademarks, Consumer Electronics Industry, Internet, Viacom Inc.
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Internet
Yahoo Inc.'s stock sunk to its lowest level in nearly five years Thursday, magnifying the challenge facing the Internet company as its management tries to justify their rebuff of Microsoft Corp.'s $47.5 billion takeover bid. Shares plummeted $1.01, or 5.4...Tags: Yahoo! Inc., Microsoft Corp.
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Business Briefing - September 5, 2008
DOLLAR HITS YEARLY HIGH AGAINST THE EURO NEW YORK | The dollar rose to a 2008 high against the euro and a fresh 28-month high against the pound Thursday after the European Central Bank held its interest rate steady and cut growth forecasts for the euro...Tags: Yahoo! Inc., Foreign Exchange Market, Market and Exchange, Internet, New York
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Morris Sullivan, leader in animation industry, dies at 91
LOS ANGELES - Morris F. Sullivan, who ran a financial consulting company before helping to establish an animation studio in Ireland populated by ex-Disney artists, died Aug. 24 of complications related to old age at his suburban Los Angeles home, his...Tags: Movies, Don Bluth, Los Angeles, La Crescenta
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Acquisition of Excel Technologies completed
james.bernstein@newsday.comExcel Technologies Inc., the East Setauket-based manufacturer of laser systems that had been seeking a marriage partner for several years, has finally tied the knot, with an announcement that its deal to be acquired by a Boston company has been completed....Tags: Long Island, California, Coherent Incorporated, GSI Group Incorporated
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Familymeds Wants To Dissolve, But Is Being Blocked
Courant Staff WriterMore than 17 months ago, shareholders of the struggling Familymeds pharmacy chain voted to sell off its assets and kill the Farmington-based company. But death is not coming easily. A scathing lawsuit by a former co-chairman and others, a refusal by...Tags: Corporate Officers, Government, Restructuring and Recapitalization, Medicine, Trials
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BofA to assimilate LaSalle customers
Next month, Bank of America Corp. will face another test in its acquisition of LaSalle Bank's retail operations. Existing accounts at what had been the Chicago area's second-biggest deposit gatherer will be moved to BofA on Oct. 20, as the two...Tags: J.P. Morgan Chase & Co., LaSalle Bank, Bank of America Corp., Michigan
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Group plans to acquire stake in Taylor Capital
Tribune staff reporterA group of investors led by Harrison Steans said it will seek permission from the Federal Reserve to acquire at least 10 percent and "thereby control" of Taylor Capital Corp., a Rosemont-based bank that is publicly traded but run by the Taylor family...Tags: Illinois, LaSalle Bank, Corporate Officers, Federal Reserve, Management Change
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Credit agency cuts rating of SunTrust Banks
Sentinel Staff WriterA major credit-rating agency downgraded SunTrust Banks Inc.'s financial ratings this week, citing the banking giant's ongoing exposure to troubled loans amid the real estate and investment crisis. Atlanta-based SunTrust is the nation's seventh-largest...Tags: Lehman Brothers Holdings Incorporated, Moody's Corporation, Banking, SunTrust Banks Incorporated, Florida
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Casino project could be latest NJ land-grab flap
Associated Press WriterMore than 20 years after fleeing communism in Vietnam, where his business was seized and he was thrown in jail, Quang Ha fears he could lose his business in this country as well. Some property owners in Atlantic City are afraid the city could try to...Tags: Beach Vacations, Casino and Gambling, Gaming and Lotteries, Long Beach (California), Virginia
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Chicago Company To Acquire Meriden-Based Direct Response Corp.
Courant Staff WriterChicago-based Unitrin Inc. said Tuesday that it has agreed to acquire the Meriden-based insurer Direct Response Corp. for about $220 million in cash, subject to some adjustments. Privately owned Direct Response sells personal auto insurance directly to...Tags: Regulatory Policy and Organizations, Employees, Private Health Care, New York, Health Treatments
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Crossed signals
More stations, playing different kinds of music, with better sound.
HD Radio, offering all those features, sounded like a natural. But five years after its introduction, digital radio, even with all its technological bells and whistles, is still...Tags: Texas, Radio Industry, Automotive Equipment, Dave Hill, Radio
Sep 6, 2008
|Story| Associated Press
Sep 5, 2008
|Story| South Florida Sun-Sentinel
Sep 5, 2008
|Story| Allentown Morning Call
Sep 5, 2008
|Story| Newsday
Sep 2, 2008
|Story| Newsday
Sep 4, 2008
|Story| Hartford Courant
Sep 3, 2008
|Story| Chicago Tribune
Sep 2, 2008
|Story| Chicago Tribune
Sep 4, 2008
|Story| Orlando Sentinel
Sep 3, 2008
|Story| Associated Press
Sep 3, 2008
|Story| Hartford Courant
Sep 2, 2008
|Story| Baltimore Sun
