Biz/Tech
NBCUniversal Buys 51% Stake in Universal Studios Japan for $1.5 Billion, Part of Strategy to Expand Theme Park Business
Exelon, Pepco Asked Regulators to Reconsider Merger, Working with District of Columbia Government to Reach Settlement
Exelon Corporation and Pepco Holdings, Inc. have filed a request for the Public Service Commission (PSC) of the District of Columbia to reconsider their merger, according to a press release issued by Exelon. Both companies are working with the District of Columbia government to reach a settlement agreement.
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Blackberry Confirms New Android-Powered Smartphone, Also Anticipates Modest Growth in Revenue for Remaining Fiscal 2016
Blackberry Limited, a global leader in mobile communications, has confirmed in a press release that the company will be launching an Android device called Priv.
AB InBev to Acquire Golden Road Brewing, Enhances Craft Portfolio
Anheuser-Busch InBev (AB InBev) has announced in a press release that it will be acquiring Golden Road Brewing, a Los Angeles-based craft brewer.
Uber Launches Carpooling Service uberCOMMUTE in China, First Time to Launch Outside the U.S.
Uber has announced in a news release that it has launched its carpooling service uberCOMMUTE in Chengdu, China.
BBA Aviation to Acquire Landmark Aviation for $2.1 Billion, Enhance BBA's Own FBO Network, Signature
BBA Aviation Plc, a leading global aviation support and aftermarket services provider, announced in a press release that it will be acquiring Landmark Aviation for about $2.1 billion in cash from The Carlyle Group.
Boeing Signs Deal with Group of Chinese Companies to Sell 300 Aircraft, Build Aircraft Completion Center in China
A group of Chinese companies have signed an agreement to purchase 300 aircraft from Boeing Company, according to a report from the official Xinhua News Agency.
Quirky Files for Chapter 11 Bankruptcy, Facilitate Sale of All its Assets
Quirky, Inc., a company that offers its inventors a forum for social product development and its customers an opportunity to acquire the most innovative products on the market, has announced in a blog post that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code.
Jaunt Raises $65 Million to make VR a Reality for Audiences Worldwide, Walt Disney among Investors
Jaunt, the leading company in pioneering cinematic virtual reality (VR) today, has announced in a press release that it has raised an additional $65 million from its series C funding.
Starwood Announces Merger with Colony American, Creates Best in Class Single-Family Rental Company
Starwood Waypoint Residential Trust has announced in a press release that it will be merging with Colony American Homes in a stock-for-stock transaction.
Dialog Semi to Acquire Atmel for $4.6 Billion, Diversifies Customer Base
Dialog Semiconductor has announced in a press release that it will be acquiring Atmel Corporation in a cash and stock transaction valued at approximately $4.6 billion.
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