Biz/Tech
Amazon Echo Gets Altered, Reviews Already Mixed As Price For Prime Members Goes Into Debate?
Apple Samsung Lawsuit And Patent Infringement Continue Into 2016, New Settlement Unlikely?
Apple and Samsung have been in lawsuit and patent war ever since the two companies came to be and it looks like this won’t end any time soon.
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Pep Boys In New Deal With Bridgestone, New Offer Amounts To About $947 Million
Bridgestone Americas, Inc. has announced in a press release that Bridgestone Retail Operations LLC, a wholly owned subsidiary of Bridgestone, has amended their Agreement and Plan of Merger dated October 26, 2015 with Pep Boys - Manny, Moe & Jack. Bridgestone will be acquiring all the outstanding common stock of Pep Boys for $17, or approximately $947 million, up from the previous offer of $15.50.
Mikhail Prokhorov Reaches Deal To Take Full Ownership of Brooklyn Nets And Barclays Center, Marks Loss For Forest City Enterprises
Mikhail Prokhorov, the majority owner of the Brooklyn Nets, has acquired full ownership of the team and Barclays Center from Nets Sports and Entertainment through his Onexim Sports and Entertainment Holding USA, Inc., the team said in its website.
Disney In Talks To Sell Stake In Fusion To Univision, To Focus On Millenial Viewers Using Other Investments
The Walt Disney Company is in talks to sell its stake in Fusion, the millennial-focused US cable channel and digital network, to Univision, people familiar with the matter told the Financial Times.
QNB To Acquire Finansbank, Seeks To Expand In The Middle East And Africa
The Qatar National Bank Group (QNB), the largest financial institution in Qatar and the Middle East and North Africa Region, has announced in a press release that it is acquiring the 99.81 percent stake of National Bank of Greece (NBG) in Finansbank A.S. in Turkey, for €2.7 billion, or $2.9 billion.
LKQ To Acquire Rhiag-Inter Auto Parts, Expands European Footprint
LKQ Corporation, a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, has announced in a press release that it will be acquiring Rhiag-Inter Auto Parts Italia S.p.A for an enterprise value of €1.04 billion.
Alibaba Appoints Matthew Bassiur Head Of Global Intellectual Property Enforcement, Lead Company's Anti-Counterfeiting Efforts
Alibaba Group Holding Limited has announced in a press release that it is appointing Matthew Bassiur as vice president and head of Global Intellectual Property Enforcement, effective January 2016.
Boeing To Pay $12 Million To Settle Enforcement Cases, Will Enhance Its Compliance System
The U.S. Department Transportation’s Federal Aviation Administration (FAA) has announced in a press release that Boeing Commercial Airplanes has agreed to pay $12 million to settle its multiple pending and potential enforcement cases.
Icahn Again Raises Bid For Pep Boys, Wages Bidding War Against Bridgestone
Icahn Enterprises has raised its bid for Pep Boys: Manny, Moe & Jack, a full-service and tire automotive aftermarket chain, to $16.50 a share, or about $919 million, according to a report from The Wall Street Journal.
U.S. Steel Delays Construction Of Electric Arc Furnace In Alabama Due To Challenging Market Conditions In Oil, Gas And Steel Industries
U.S. Steel Corporation has announced in a press release that it will be postponing the construction of the Electric Arc Furnace at its Fairfield Works in Birmingham, Alabama.
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