America Movil is reportedly planning to spin-off its wireless towers throughout Mexico in response to recent legislative overhauls aimed at reigning in the dominance of the wireless company.
According to reports, the company will spin off the assets to reflect the value of the infrastructure, the company said Tuesday. Despite earlier …read more
According to a recently-released study, more than half of funds from settlements reached in class action lawsuits between 2010 and 2013 were related to antitrust cases.
NERA Economic Consulting released a study entitled Consumer Class Action Settlements: 2010-2013: Settlements Increasing, With A Focus on Privacy to examine trends in recent …read more
Oi was dealt a blow only weeks ago when it says its acquisition target Portugal Telecom failed to disclose debts to Oi before the transaction finalized, Now, some reports say that Oi’s ability to compete at an upcoming 4G spectrum auction will likely be hurt by the deal.
Portugal Telecom reportedly …read more
CIT Group announced Monday that it has reached an agreement to acquire Southern California bank OneWest Bank, a takeover worth $3.4 billion.
Reports say CIT Group will acquire the regional bank system for $2 billion in cash and the rest in stock. The acquisition will transfer OneWest from its owner, IMB …read more