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Swedish suitor Koenigsegg Group backs out of deal for struggling brand at last minute General Motors Co. will likely shut down its Saab division after a buyer for the struggling Swedish automaker backed out at the 11th hour.
The ad software acquisition is a blow to Yahoo!, a win for marketers. Google's plans to double-down in display advertising were underscored with its announcement Monday that it would acquire San Mateo, Calif.-based ad software...
PHILADELPHIA (AP) - Shares of Brocade Communications Systems Inc. fell Tuesday after the company denied speculation that it's looking for a buyer. CEO Mike Klayko said in a corporate video on fourth quarter results. Shares of...
By JORDAN ROBERTSON AP Technology Writer SAN FRANCISCO (AP) - U.S. senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's...
34 million deal could launch Greatwide into top spot in DDC market Jeff Berman, Group News Editor -- Logistics Management, 11/24/2009 DALLAS-Taking steps to expand its dedicated contract carriage business, third-party logistics...
PC World - In a desperate bid for survival, long-time office software maker Corel has agreed to a takeover by its majority investor, Vector Capital, a move that could help keep classic software packages such as WordPerfect and...
CLARKSVILLE, Ind., Nov. 24, 2009 (GLOBE NEWSWIRE) -- First Savings Financial Group, Inc. (Nasdaq:FSFG) (the "Company"), the holding company for First Savings Bank, F.S.B. (the "Bank"), today reported net income of $33,000, or...
South Africa's Tiger Brands is leveraging on its acquisition of Haco Industries to market and distribute its range of food products in the region. Tiger Brands announced yesterday that its turnover increased by eight per cent...
After a flat start, the India market is trading higher in early trading Wednesday, led by gains in the public sector, consumer durable, metal and auto sectors. However, gains are modest and trading remains choppy due to...
By IRINA TITOVA Associated Press Writer ST. PETERSBURG, Russia (AP) - Russian officials have said they were planning to make their first arms deal with a NATO country by buying a French ship like the Mistral _ a 23,700-ton...
