Advanced Micro hires bank to explore options -sources
NEW YORK/SAN FRANCISCO, Nov 13 (Reuters) – Advanced Micro
Devices (AMD.N: Quote, Profile, Research) has hired JPMorgan Chase & Co (JPM.N: Quote, Profile, Research) to explore
options, which could include a potential sale, as the chipmaker
struggles to find a role in an industry increasingly focused on
mobile and away from traditional PCs, according to three sources
familiar with the situation.
The company’s stock surged 18 percent on the news before
ending up 5 percent at $2.09 on the New York Stock Exchange.
Sources told Reuters on Tuesday that an outright sale of the
company is not a priority, and other options for AMD could
include a sale of its portfolio of patents.
Exclusive: JDA Software on the block – sources
(Reuters) – Enterprise technology maker JDA Software Group Inc is exploring a sale and has hired JPMorgan Chase & Co to advise on the process, people familiar with the matter said.
The sale process is at an advanced stage. The company has received interest from multiple parties, including private equity firms and strategic buyers, the sources said.
JDA Software on the block – sources
Oct 29 (Reuters) – Enterprise technology maker JDA Software
Group Inc is exploring a sale and has hired JPMorgan
Chase & Co to advise on the process, people familiar
with the matter said.
The sale process is at an advanced stage. The company has
received interest from multiple parties, including private
equity firms and strategic buyers, the sources said.
Exclusive: Reynolds and Reynolds explores $5 billion LBO – sources
NEW YORK (Reuters) – Reynolds and Reynolds, which provides business management software for auto dealers in North America and Europe, is exploring a sale to private equity that could fetch around $5 billion, several sources familiar with the matter said.
The privately held company has hired technology-focused investment bank Qatalyst Partners to manage the process and is in talks with a few major private equity firms about a leveraged buyout, the sources said on Monday.
Reynolds and Reynolds explores $5 bln LBO – sources
NEW YORK, Oct 29 (Reuters) – Reynolds and Reynolds, which
provides business management software for auto dealers in North
America and Europe, is exploring a sale to private equity that
could fetch around $5 billion, several sources familiar with the
matter said.
The privately held company has hired technology-focused
investment bank Qatalyst Partners to manage the process and is
in talks with a few major private equity firms about a leveraged
buyout, the sources said on Monday.
Exclusive: Activist Jana digs in for long Agrium battle
NEW YORK/WINNIPEG (Reuters) – From Agrium Inc’s perspective, a campaign by Jana Partners LLC to break up the Canadian fertilizer company is effectively dead in the water. But the $3.5 billion activist hedge fund believes it is only getting started.
Jana’s five-month-long agitation has put a spotlight on the $17 billion market cap company, which produces nutrients such as potash in bulk and sells fertilizers directly to farmers.
Analysis: Citi board fight signals rise of the activist chairman
NEW YORK (Reuters) – In the summer of 2011, Yahoo Inc’s (YHOO.O: Quote, Profile, Research, Stock Buzz) board decided enough was enough. Directors had seen the Internet giant’s stock languish, and the answers they got from Carol Bartz, chief executive at the time, fell short of their expectations.
So, the board held a final meeting in Los Angeles, away from Yahoo’s Silicon Valley headquarters, to review the company’s progress, a source familiar with the matter said.
Citi board fight signals rise of the activist chairman
NEW YORK, Oct 24 (Reuters) – In the summer of 2011, Yahoo
Inc’s (YHOO.O: Quote, Profile, Research) board decided enough was enough. Directors had
seen the Internet giant’s stock languish, and the answers they
got from Carol Bartz, chief executive at the time, fell short of
their expectations.
So, the board held a final meeting in Los Angeles, away from
Yahoo’s Silicon Valley headquarters, to review the company’s
progress, a source familiar with the matter said.
Analysis: Yahoo CEO’s comeback plan homes in on technology, not media
SAN FRANCISCO (Reuters) – Marissa Mayer, who earned a reputation for decisive action and intensity during her 13-year stint at Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz), has spent her first months as Yahoo Inc (YHOO.O: Quote, Profile, Research, Stock Buzz) CEO quietly moving the Internet pioneer back to its roots in technology.
Long torn between whether it should focus on media content or on tools and technologies, Yahoo under Mayer is being positioned firmly in the latter camp, according to sources inside and outside the company.
Yahoo CEO’s comeback plan homes in on technology
SAN FRANCISCO, Oct 21 (Reuters) – Marissa Mayer, who earned
a reputation for decisive action and intensity during her
13-year stint at Google Inc (GOOG.O: Quote, Profile, Research), has spent her first months
as Yahoo Inc (YHOO.O: Quote, Profile, Research) CEO quietly moving the Internet pioneer
back to its roots in technology.
Long torn between whether it should focus on media content
or on tools and technologies, Yahoo under Mayer is being
positioned firmly in the latter camp, according to sources
inside and outside the company.
