Deals wrap: Racking up the deals
There’s a new swagger among the bosses of emerging market companies as they sign checks for a growing list of acquisitions in both the developed and developing world. And this is just the start.
Strong demand for broadband and high-definition TV lifted first-half profits at bid target BSkyB by 26 percent, increasing pressure on Rupert Murdoch‘s News Corp to secure its takeover deal without delay.
Veteran banker John Kanas gets to cash in big time on one of the most profitable bank buyouts in years when BankUnited goes public on Thursday. Kanas’ expected profits are in stark contrast to the FDIC’s losses from BankUnited.
Skype will hold off on an initial public offering until the second half of the year, The Wall Street Journal reports.
An investigative panel appointed by Congress finds Goldman Sachs made billions of dollars from the emergency bailout of AIG, The Huffington Post reports.
It’s time for Microsoft to get more acquisitive, reports TechCrunch.