$900 million has been cut from its initial offer arising out of the discovery of undisclosed liabilities at the very last minute. Casting off doubts of whether the two companies can work together in a fiercely competitive market, Foxconn has… Read More ›
Up from its previous year figure of 2 million, Amazon has reported a 20% surge in its newly formed Home Services department. Amazon has reported an increase of 20%, on average, of its home services platform which includes services such… Read More ›
Ahead of their scheduled merger, the board of directors of the French telecom giants meet independently to iron out any burrs and regulatory requirements that may act as a hindrance to the deal. Two anonymous sources who are knowledgeable of… Read More ›
Its aggressive acquisition strategy has saddled it with a whopping $11 billion in debt. However, since TerraForm Global Inc and TerraForm Power Inc, its sibblings, are yieldcos, with separate legal identities, they need not follow SunEdison if it were to… Read More ›
As per the WSJ with April 11 set as a deadline for the preliminary bids, Yahoo is likely to finalise the deal by June or July this year. Citing sources, the Wall Street Journal has reported that Yahoo Inc has… Read More ›
While it is not clear whether a name change had to do anything about the Islamist radical militant group, Isis Pharmaceuticals, a San Diego-based biotech company, decided to change its name to Ionis Pharmaceuticals. The company also changed its name… Read More ›
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