Asset Sales

Nortel Announces the Auction Date for the Sale of its GSM/GSM-R Business

TORONTO, ONTARIO -- (Marketwire) -- 11/23/09 -- Nortel(1) Networks Corporation (OTCBB: NRTLQ) today announced that, as an update to its previous announcement regarding the timing of the auction date for the sale of its...

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Devon Energy A Major Player In North American Onshore (DVN, XOM, EOG, SU)

will still have plenty of oil and gas assets left to develop, even after its recently announced plan to shed its international and Gulf of Mexico assets is completed. If all the sales are successful, the company will divest 199...

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IDT Divests Micro Networks Business

Cash Transaction Further Focuses Company on Mixed Signal Solutions for Communications, Computing and Consumer Markets SAN JOSE, Calif. — (BUSINESS WIRE) — November 23, 2009 — IDT® (Integrated Device Technology, Inc.)(NASDAQ:...

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Nortel Selects Ciena as Successful Bidder for Optical Networking and Carrier Ethernet Businesses

Ciena emerges as winning bidder with a purchase price of US$530 million in cash plus US$239 million principal amount of convertible notes - A minimum of 2,000 Nortel employees will be offered the opportunity to continue their...

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Mercantile Bancorp Announces Third Quarter Earnings and Strategic Developments (Marketwire)

QUINCY, IL--(Marketwire - The Company reported $1.69 billion of total assets at September 30, 2009, compared with $1.77 billion at December 31, 2008 and $1.75 billion at September 30, 2008. As part of the restructuring, subject...

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IDT Divests Micro Networks Business

Cash Transaction Further Focuses Company on Mixed Signal Solutions for Communications, Computing and Consumer Markets IDT® (Integrated Device Technology, Inc.)(NASDAQ:IDTI), a leading provider of essential mixed signal...

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Batu Hijau divestiture continues despite lawsuit to block sale

The divestiture of majority ownership in the Batu Hijau copper gold mine in Indonesia remains controversial even as a 14% interest in its operating company is expected to be sold today. Author: Dorothy Kosich Posted: Monday ,...

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Karnataka not to divest from profitable DisComs

A. Srinivas C. Shivkumar Bangalore, Nov. 20 The Karnataka Government has declined to divest its stake from any of the five distribution companies (DisCom) for fiscal adjustment purposes. Instead, the State Government has...

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Maria Allwine: Waiting to Die in the Good Ole USA, An Angry Worker's Call to Action

BUZZFLASH GUEST COMMENTARY by Maria Allwine What if we all just stopped working? All of us -- just stopped going to work and started living the lives we talk about and long for? What if we all just stopped getting in our cars...

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M&A adds Afsaneh Naimollah and Kevin Ashby to team

20 November, 2009 M&A adds Afsaneh Naimollah and Kevin Ashby to team Marlin & Associates New York ("M&A"), the boutique investment banking firm specializing in acquisitions and divestitures of U.S. and international...

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