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All Posts Tagged Tag: ‘buyout’

Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring

Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring

Hoax articles – fooling everyone from your racist uncle on Facebook to top Wall Street investors. An article suggesting that Twitter had received a $31 billion offer sent the company’s stock prices soaring earlier this afternoon. The article, called Twitter Attracts Suitors, is hosted on bloomberg.market and made to look exactly like a Bloomberg Business article. “Twitter is working closely …

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Family Dollar: Headed For A Buyout?

Things have not been looking good for Family Dollar. The dollar store chain’s stocks continue to slide, recently hitting a 52 week low. Both the company’s shares and earnings fell short of original projections made by Zacks Consensus Estimate. Analyists predict a 14% drop in earnings by the end of 2014. There is a chance that a lift may be …

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Safeway Buyout Report Continues To Swirl

Talks have been spreading through the Web since Tuesday’s revelation by Reuters about a potential buyout for Safeway Incorporated. The company even saw shares rise on Wednesday as a result of the news. Cerberus Capital Management LP is one private firm considering either a full or partial buyout. For now, the supermarket chain, which is based out of Pleasanton, California, …

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Blackberry Losses Equate to $965 Million Deficit

The past few years have been a gradual decline for Canadian wireless company, Blackberry Limited. However, the past couple weeks have accelerated the rate of the company’s demise. Due to relentless pressure from prominent competitors, Apple and Samsung, along with plummeting sales, the smart-phone pioneer initially reported a massive inventory of approximately $1.2 billion in unsold phones. However, today’s announcement …

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BlackBerry Buyout Announced For $4.7 Billion

Last month, following yet another disappointing quarterly report, BlackBerry announced that it had formed a committee to consider “strategic alternatives.” Among these alternatives was the option of selling the entire company. BlackBerry today announced that this possibility has become a reality. BlackBerry today announced that it has been bought for $4.7 billion by an investment consortium. The consortium is led …

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Dell Shareholders Approve $25 Billion Buyout

Dell today announced that its shareholders have approved the proposed buyout of the PC manufacturing company by the company’s founder and CEO, Michael Dell (pictured). The vote was taken today at a special shareholders meeting. The $24.9 billion transaction will see Michael Dell take control of the company along with investment firm Silver Lake Partners. The buyout was first proposed …

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Yahoo May Be In Talks To Buy Zynga [Rumor]

It’s no secret that Zynga is in trouble. The former giant of social gaming is now on the defensive as it lays off employees and closes studios around the world. It has to find a hit, preferably in mobile, to get back into the game. Before any of that happens, though, the social games maker might find itself with a …

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Dell Buyout Deal Close to Sealed at $23 Billion

The Wall Street Journal today is reporting that a $23 billion deal to take computer company Dell private is close to complete. The Journal cites “people familiar with the matter,” who state the deal could purchase Dell stock at $13.50 to $13.75 per share. These price estimates fit within the range that was rumored as far back as mid-January, when …

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Dell Buyout Could Include Microsoft Investment

Last week it was announced that Dell was participating in buyout talks that could take the company private. Silver Lake Partners and Michael Dell were both name-dropped as potential investors in the buyout. Today, the Wall Street Journal is reporting that Microsoft may be willing to toss a few billion dollars into the deal. According to “a person familiar with …

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