Budget-friendly retail giant Family Dollar has reportedly adopted a so-called poison pill to protect itself against hostile takeovers as activist investor Carl Icahn considers pushing for a merger with rival Dollar General.
Reports say Family Dollar adopted the plan, which allows the company to dilute shares of investors if they exceed …read more
Austrian media are reporting that Mexico communications mogul Carlos Slim has struck an agreement with Austrian government officials to pool their stakes in Telekom Austria.
The nation’s Federal Competition Agency has reportedly approved of the collaboration that will see the parties hold a combined 55 percent stake in the wireless operator …read more
US District Judge Denise Cote has denied appeals by Apple and five publishers looking to fight a lawsuit filed by Australian startup company SNAML last September against the alleged eBooks price-fixing scheme of the defendants.
Apple and five publishers – Hachette, HarperColins, Macmillan, Penguin and Simon & Schuster – were sued …read more
The head of JPMorgan Chase & Co’s Merger sand Acquisitions in Asia is set to resign and return to the US for his retirement, according to reports.
Unnamed sources said Sunday that Rob Sivitilli plans to depart the bank after taking the position in 2010 as head of M&A for southeast …read more