Unstructured Finance

M & A wrap: A Buffett bailout for BofA

August 25, 2011

Warren Buffett’s Berkshire Hathaway will invest $5 billion in Bank of America, stepping in to shore up the company in the same way he helped prop up Goldman Sachs during the financial crisis.

Deals wrap: Glencore disappoints while Yandex confirms price

May 24, 2011

Even though sources close to Glencore felt the commodities trader had left “money on the table” with an offer price of 530 pence that valued the company at $59.15 billion, the company’s shares were stuck under water on their first day of official trade, dashing hopes of a strong start.

Deals wrap: eBay’s $2.4 billion GSI buy

March 28, 2011

Visitors chat next to the Ebay logo at the CeBIT computer fair in Hanover March 2, 2011. REUTERS/Tobias Schwarz EBay said it plans to buy e-commerce company GSI Commerce, which owns Web businesses such as the flash site Rue La La and ShopRunner, for $2.4 billion. Ebay said it will offer shareholders of GSI $29.25 per share, a 51 percent premium over its closing price on Friday.

Check Out Line: Mixed ruling in eBay vs Craigslist case

September 10, 2010

Check out the latest twist in the eBay – Craigslist saga.

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A judge reinstated eBay’s 28.4 percent stake in Craigslist, but allowed the classifieds site to keep eBay off its board.

Facebook is more than just a pretty face

June 29, 2010

The social networking website of Mark Zuckerberg (pictured) is now worth $23 billion, close to the value of online shopping website Ebay, based on the price of a recent stock purchase by private equity firm Elevation Partners. Elevation purchased $120 million in Facebook stock from private shareholders, valuing the company at $23 billion, a person familiar with the matter told Reuters on Monday.

Swapping your kids (clothing) online

April 7, 2010

Kids boxLuxury goods, shoes, bags and women’s clothing — they’re all represented in spades in the secondary market online.

Window shopping on the iPad, brought to you by eBay

April 5, 2010

eBay_iPad_1Shopping in front of a computer or small hand-held device got you down? EBay says it has the answer with its new iPad app, completely redesigned for ultimate browsing on Apple‘s hippest new tablet.

Need an inside source? Here’s eBay

November 4, 2009

insidesourceEBay, the online marketplace where shoppers can find anything from toys to cars to designer handbags, has launched a digital magazine. 
    
The magazine, www.theinsidesource.com, is geared to “inspired shoppers” and features stories based on what eBay’s millions of users are looking for, according to the publication.

Check Out Line: A greener eBay?

September 21, 2009

Check Out eBay’s steps toward becoming more environmentally friendly.EBAY/

The online auctioneer announced its first greenhouse gas emissions reduction target on Monday, saying it has committed to a 15-percent cut to its corporate emissions by 2012, over a 2008 baseline.

Deals du Jour

September 1, 2009

A man carries a cardboard with a picture of a mobile phone inside a hall of the upcoming CeBIT fair in Hanover March 2, 2009. REUTERS/Hannibal Hanschke (GERMANY)

Portugal Telecom <PTC.LS> and Spanish firm Telefonica <TEF.MC> have both agreed to sell their 32.2 percent stakes in Moroccan telecoms firm Meditel to local investors in a deal likely to be closed by the end of the year