Corporate Action

Xerox-ACS to Initiate a $5.6 Billion Acquisition

Xerox Corp.

Xerox Corp. Chief Executive Officer Ursula Burns revealed that her company will be proceeding with acquisitions, but not as large as the $5.6 billion acquisition of business process outsourcing firm Affiliated Computer Services Inc. that closed on Friday.

Macmillan and Amazon Agreement Brings e-books Back

Macmillan and Amazon Agreement Brings e-books Back

Books printed by Macmillan (a unit of Germany's Verlagsgruppe Georg von Holtzbrinck GmbH) went back on sale on Amazon's Web site putting an end to the week long dispute between Amazon. com and Macmillan regarding e-book pricing. Amazon. com wasn’t offering print or digital versions of Macmillan books for sale.

China Seeking Mergers Abroad to Race Ahead of Competition at Home

Ford Motor's Volvo

The deal to purchase Ford Motor's Volvo division is just about to reach its closure, and once Li Shufu, head of China's Zhejiang Geely Holding Group, has closed the $2 Billion deal, the popular and safety conscious brand from Sweden might replace the Audi A6 as the Chinese state officials' preferred car.

Monster to Acquire Yahoo's HotJobs Site for $225 Million

Yahoo, Monster Worldwide

Monster Worldwide Inc. announced on Wednesday that it will acquire Yahoo Inc's HotJobs site for $225 million in cash, citing an improving job market.

News Corp hits $500m lawsuit settlement with Valassis

News Corp hits $500m lawsuit settlement with Valassis

News Corp. announced on Saturday that it had hit a 500-million-dollar settlement deal over lawsuits filed by Valassis Communications Inc. 

A federal case filed by Valassis Communications Inc against News Corp.’s News America Marketing unit had been scheduled to open in Michigan on Tuesday.

Support and Integration Plans for Sun Software Outlined by Oracle

Support and Integration Plans for Sun Software Outlined by Oracle

It seems that Oracle wants to be more like IBM, that too the IBM of the 1960s.

Publishers Offered Pricing Edge Through Books on iPad

Publishers Offered Pricing Edge Through Books on iPad

On Wednesday, Apple put an end to a very long and eager wait and unveiled its tablet device, under the name iPad, and apart from some notable exceptions, the print world has, overall, welcomed the device with open arms.

Oracle Assures to Invest in Sun Microsystems

Oracle Assures to Invest in Sun Microsystems

Oracle is speculated to extend assurances that it will continue to invest in all of Sun Microsystems's main server platforms, with a view to convince Sun customers that they should stick with those products as the giant works to resuscitate itself as a systems and software company.

AOL Acquires Nashville Under a $36.5 Million Deal

AOL Acquires Nashville Under a $36.5 Million Deal

AOL Inc. revealed on Monday that it has acquired Nashville, Tenn.-based StudioNow, an online platform for video development and distribution, in a deal worth $36.5 million in cash and stock. However, some payment will be fulfilled over multiple years.

Liberty to Sell Jupiter Stake to KDDI for $4 Billion

Liberty to Sell Jupiter Stake to KDDI for $4 Billion

In its biggest investment to date, KDDI Corp, Japan's second mobile phone operator, has agreed to purchase Liberty Global Inc's 37.8 per cent stake in the Japanese telecommunication services provider Jupiter Telecommunications Co. , a move that will bring them in direct contact with millions of Jupiter's subscribers, a considerable addition to their customer base.

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