Topic: Businessweek Magazine
Bloomberg announced Tuesday it has agreed to buy BusinessWeek magazine from McGraw-Hill Cos. in a move that allows the news agency to expand beyond its core business of supplying financial data to professionals. Bloomberg did not disclose terms of the purchase of ...
Corporate brinkmanship is making a comeback. Only days after Irene Rosenfeld, chief executive of Kraft (KFT), went public with her $16.7 billion bid for confectionary giant Cadbury (CBY), the British company's chairman, Roger Carr, blasted back in a Sept. 12 letter explaining ...
Sept. 15, 2008 will remain firmly etched in my mind. I was on my way to Moscow for meetings with SAP's customers and partners when I heard the news that Lehman Brothers had collapsed. By the time I reached the Russian capital ...
Call it the merger muddle. If you wanted to buy a company in the past year, you had two big problems. First was simply trying to find anyone who would lend you the money. The credit markets were frozen and many banks ...
BRITAIN'S BANK EXIT PLAN The entity managing the British government's stakes in nationalized banks is warning that exiting from those investments could take years. The agency, called UK Financial Investments, also says in its annual report that the government has logged paper ...
Since it opened 50 years ago, North Carolina's Research Triangle Park has been the epitome of science parks: a neatly landscaped campus of low-rise building buildings in exurbia, where scientists at aspiring technology spin-offs from nearby universities toil all day in cramped, ...
One deal too many. That could be the epitaph of many CEOs -- Jerry Levin of Time Warner (TWX) and Ken Thompson of Wachovia (WFC) come to mind -- who built their companies through ever-bigger mergers and then watched those crowning acquisitions ...
Abbott Laboratories (ABT) agrees to acquire Advanced Medical Optics (EYE) for $22 cash per share, for total deal value of approximately $2.8 billion, including estimated net debt at time of closing. ABT confirms 2008 EPS guidance of $3.31-$3.33, excluding specified items. Sets ...
The financial crisis has damaged investors great and small, and private equity funds are no exception. These funds, and the investors who plunked down millions to back their deals, appear to be facing big losses as more of the companies that they ...
A business partnership [BusinessWeek SmallBiz, June/July, 2007] is usually hatched in a state of inspired optimism when two or more seemingly like-minded individuals come together with an idea to create a product or service and develop it into a business. But perhaps ...
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