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Nov 6, 2013

Exclusive: Microsoft narrows CEO shortlist; Mulally, Elop make the cut

NEW YORK (Reuters) – Microsoft Corp has narrowed its list of external candidates to replace Chief Executive Steve Ballmer to about five people, including Ford Motor Co chief Alan Mulally and former Nokia CEO Stephen Elop, according to sources familiar with the matter.

The world’s largest software maker also has at least three internal candidates on its shortlist, including former Skype CEO Tony Bates, who is now responsible for Microsoft’s business development, and Satya Nadella, the company’s cloud and enterprise chief, the sources said.

Nov 6, 2013

Microsoft narrows CEO shortlist; Mulally, Elop make the cut

NEW YORK, Nov 5 (Reuters) – Microsoft Corp has
narrowed its list of external candidates to replace Chief
Executive Steve Ballmer to about five people, including Ford
Motor Co chief Alan Mulally and former Nokia
CEO Stephen Elop, according to sources familiar with the matter.

The world’s largest software maker also has at least three
internal candidates on its shortlist, including former Skype CEO
Tony Bates, who is now responsible for Microsoft’s business
development, and Satya Nadella, the company’s cloud and
enterprise chief, the sources said.

Nov 4, 2013

Exclusive – Activist investor Voce pushes ConMed to sell

NEW YORK (Reuters) – Activist investor Voce Capital Management LLC is pushing ConMed Corp (CNMD.O: Quote, Profile, Research) to pursue a sale, saying it believes the surgical-device maker could attract buyout interest from at least a dozen industry peers, according to a letter seen by Reuters on Sunday.

Voce Capital, which holds less than 1 percent in ConMed, is expected to send a 13-page letter to the company’s board as soon as Monday, saying it believed several suitors had approached ConMed about a buyout but had been turned away. It was not clear when the approaches were made or who made them.

Nov 1, 2013

Exclusive: Charter weighs bid for Time Warner Cable by year-end -sources

NEW YORK (Reuters) – Charter Communications Inc is weighing a bid for Time Warner Cable Inc before the end of the year, and working on details of a deal structure that would appeal to Time Warner Cable’s shareholders, people familiar with the matter said.

John Malone’s Liberty Media Corp, which owns about a quarter of Charter, approached Time Warner Cable earlier this year about merging Charter and Time Warner Cable. But sources said Time Warner Cable’s management was cool to the idea of a tie-up.

Nov 1, 2013

Charter weighs bid for Time Warner Cable by year-end -sources

NEW YORK, Nov 1 (Reuters) – Charter Communications Inc
is weighing a bid for Time Warner Cable Inc
before the end of the year, and working on details of a deal
structure that would appeal to Time Warner Cable’s shareholders,
people familiar with the matter said.

John Malone’s Liberty Media Corp, which owns about
a quarter of Charter, approached Time Warner Cable earlier this
year about merging Charter and Time Warner Cable. But sources
said Time Warner Cable’s management was cool to the idea of a
tie-up.

Oct 18, 2013

Exclusive: Motorola looking to exit wireless LAN business – sources

NEW YORK (Reuters) – Motorola Solutions Inc is exploring the sale of its underperforming wireless LAN business, which has grappled with declining share in a market dominated by rivals such as Cisco Systems Inc, people familiar with the matter said.

An exit from the wireless LAN market would come as Motorola, the provider of data communications and telecommunications equipment, seeks to focus on its core government and public safety division.

Oct 17, 2013

Lenovo will face obstacles in any BlackBerry deal: source

NEW YORK/TORONTO (Reuters) – Chinese computer maker Lenovo, which has signed a non-disclosure deal to examine BlackBerry’s books, faces regulatory obstacles if it bids for all of the company and will likely pursue just parts, a source familiar with the matter said on Thursday.

BlackBerry Ltd said in August it was exploring options that could include an outright sale. And the Canadian company, which helped pioneer smartphones, has since been linked with a string of potential buyers from private equity firms to rival technology companies.

Oct 14, 2013

Emulex deal uncertain as buyout talks continue -sources

NEW YORK, Oct 14 (Reuters) – Emulex Corp has held
talks with a few private equity firms, including Francisco
Partners LP, Thoma Bravo LLC and Thomas H. Lee Partners LP about
selling itself, but a deal remains uncertain for the struggling
chip maker, according to several people familiar with the
matter.

The discussions with the private equity firms have been
underway for the past few months, but have so far failed to lead
to an offer that Emulex’s board would accept, the people said,
asking not to be identified because they were not authorized to
disclose details of the process.

Oct 5, 2013

Exclusive: Cisco, Google, SAP discussing BlackBerry bids – sources

NEW YORK/SAN FRANCISCO (Reuters) – BlackBerry Ltd, on the block as its smartphone business struggles, is in talks with Cisco Systems, Google Inc and SAP about selling them all or parts of itself, several sources close to the matter said.

Such a deal would be an alternative to the preliminary agreement reached weeks ago with a group, led by BlackBerry’s biggest shareholder, Fairfax Financial Holdings, to take the company private for about $4.7 billion, a bid which has faced some skepticism because of financing questions.

Oct 5, 2013

Cisco, Google, SAP discussing BlackBerry bids -sources

NEW YORK/SAN FRANCISCO, Oct 4 (Reuters) – BlackBerry Ltd, on
the block as its smartphone business struggles, is in talks with
Cisco Systems, Google Inc and SAP
about selling them all or parts of itself, several
sources close to the matter said.

Such a deal would be an alternative to the preliminary
agreement reached weeks ago with a group, led by BlackBerry’s
biggest shareholder, Fairfax Financial Holdings, to
take the company private for about $4.7 billion, a bid which has
faced some skepticism because of financing questions.