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Updated: 5 days 13 hours ago

Mitel Networks Corp of Canada to Buy Polycom Inc for Almost $2 Billion

Sat, 04/16/2016 - 08:03


On Friday, Mitel Networks Corp of Canada said it will acquire Polycom Inc, the voice and telephone gear maker in the United States. The agreement will be for approximately $1.96 billion cash and stock deal. It has been championed by Elliott Management, the activist investor, to make a consolidation in the telecom-equipment industry.

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Reportedly Bombardier Inc. is Nearing a Deal with Delta for C Series Jetliners

Fri, 04/15/2016 - 07:55


Reports citing unnamed sources said Montreal, Canada based multinational aerospace and transportation company, Bombardier Inc. is close to reaching an agreement to sell about seventy five C Series jetliners to Delta Air Lines Inc. If it works out, the deal will be the biggest till date for the company's struggling aircraft program.

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Review shows alcohol has no net health benefits

Wed, 03/23/2016 - 03:00


A review of several long-term studies on alcohol and death rates has shown that moderate drinking does not offer net health benefits as stated by many.

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