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Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
ReutersSAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The...Tags: Computing and Information Technology Industry, Economy, Business and Finance, Companies and Corporations, Yahoo! Inc., Advertising
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EU mergers and takeovers (May 21)
ReutersBRUSSELS, May 21 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Private equity firms KKR and Bregal Fund to jointly invest in private school...Tags: Dell Inc., Private Equity, IBM, Mutual Funds, Economy, Business and Finance
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Activist investor wants Alere to explore $2.5 billion unit sale: sources
ReutersNEW YORK (Reuters) - An activist investor in Alere Inc wants the health diagnostics and services company to explore a sale of its drug testing business, which it believes could fetch as much as $2.5 billion and help Alere pay down debt, two people...Tags: Laboratory Corporation of America Holdings, Medical Procedures and Tests, Economy, Business and Finance, Companies and Corporations, Substance Abuse
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RPT-FACTBOX-Yahoo's acquisitions: from Geocities to Tumblr
Reuters(Repeats with no change to text) SAN FRANCISCO, May 20 (Reuters) - Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users. Yahoo has...Tags: Computing and Information Technology Industry, Companies and Corporations, Economy, Business and Finance, Computer Networking and Internet, Yahoo! Inc.
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Mergers rare among startups and venture capitalists
The typical venture capital success story goes like this: Investor backs startup. Startup grows rapidly and either goes public, gets acquired or licenses its technology. Investor collects a healthy return. GrubHub and Seamless' plan to merge their...Tags: Initial Public Offerings, University of New Hampshire, Economy, Business and Finance, Companies and Corporations, Finance
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Sprint receives SoftBank waiver to consider Dish offer
ReutersTOKYO (Reuters) - Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No. 3 U.S. wireless...Tags: Shareholders, Barclays PLC, Tokyo (Japan), Economy, Business and Finance, Sprint Nextel Corporation
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Bold move: Yahoo makes $1.1 billion bet on Tumblr, Internet whiz kid in bid to be hip again
AP Technology WriterSAN FRANCISCO (AP) — After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in...Tags: Schools, Economy, Business and Finance, Employees, Computer Networking and Internet, Advertising
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US high-yield issuers rush to market
ReutersBy Joy Ferguson and Rachelle Kakouris May 20 (IFR) - It's looking like another busy week for high-yield as issuers rush in ahead of the long Memorial Day weekend to take advantage of the current window for issuance at near-record low coupons. A total...Tags: Theravance Incorporated, B&G Foods Incorporated, Companies and Corporations, Credit Ratings, Economy, Business and Finance
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Blackstone, Pactera insiders make $680 million offer
Reuters(Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private. Pactera said it...Tags: Citigroup Incorporated, Private Equity, Dell Inc., The Carlyle Group, Companies and Corporations
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Actavis to buy Warner Chilcott in $5 billion stock deal
Reuters(Reuters) - Generic drugmaker Actavis Inc, itself a recent takeover target, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits....Tags: Watson Pharmaceuticals Incorporated, Economy, Business and Finance, Companies and Corporations, Women's Health, Deutsche Bank AG
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Royalty raises Elan bid, issues ultimatum to shareholders
ReutersDUBLIN/NEW YORK (Reuters) - Royalty Pharma raised its hostile bid for Elan to $12.50 per share and threatened to withdraw the bid if Elan shareholders approve a series of defensive transactions announced by the Irish drug firm. Royalty Pharma, which buys...Tags: Alzheimer's Disease, Theravance Incorporated, Companies and Corporations, Economy, Business and Finance, Multiple Sclerosis
May 21, 2013
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May 20, 2013
|Resource Link| Orlando Sentinel
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May 20, 2013
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May 20, 2013
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