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Articles about merger

CBS seals acquisition deal with CNET

by Arnold Zafra on May 15, 2008 at 01:06 PM

CBS and CNET Network has sealed an acquisition agreement that could probably be the next biggest acquisition deal after the failed Microsoft-Yahoo deal. Although the price involved in this acquisition is not as big as the Microsoft-Yahoo deal, the fact is both CBS and CNET Network own some of the… Continue Reading »

XM-Sirius; Does the gov know better than you?

by JG Mason on May 4, 2008 at 01:13 PM

It is getting tough to tell who’s side is whose in the terrestrial vs extra terrestrial battle going on as all consider the merger of XM and Sirius radio.  Some, like the Department of Justice, see no problems.  Others like two lawmakers who on Friday announced we should take a… Continue Reading »

MicroHoo is dead; Microsoft officially withdraws bid for Yahoo!

by Robert Nelson on May 4, 2008 at 12:44 AM

Well after all the hype during these past three months Microsoft has withdrawn their bid for Yahoo. With the final offer coming in at $33 per share or a total of $47.5 billion, that was just not enough to match the $37 per share or $53 billion that Yahoo was… Continue Reading »

Microsoft, Yahoo! fail to reach agreement by deadline

by Sue Walsh on Apr 29, 2008 at 10:46 AM

Saturday’s deadline passed with no deal for Microsoft and Yahoo. The two companies have been negotiating for sometime now after Microsoft expressed interest in acquiring it’s rival web portal. Now Microsoft is deciding whether to launch a hostile takeover via proxy fight or to simply drop the deal. Yahoo had… Continue Reading »

FCC leaks the Sirius Starmate 5, with possible XM support

by Robert Nelson on Apr 26, 2008 at 08:32 PM

Another day another product leak from the FCC, the latest is the Starmate 5 from Sirius, which in by itself would not be that exciting. However in this case based on a memo that switched hands from a “testing firm and the FCC authorization staff” included the possibility of the… Continue Reading »

Merger setback? Blockbuster cannot finance Circuit City acquistion

by Indraneel Purohit on Apr 25, 2008 at 04:31 PM

As we previously reported, video rental giant Blockbuster has been looking to acquire electronics giant Circuit City. Blockbuster has already offered a whopping $1 billion, but reports are flying in, saying that they cannot fund such a hefty offer. In an official statement from the company, Circuit City said: “Circuit… Continue Reading »

Is the Blockbuster, Circuit City merger doomed before it begins?

by Jason Tabrys on Apr 17, 2008 at 05:59 PM

The courtship began in December with heady bids, chocolate kisses, and flowers. Blockbuster, the movie rental leader was set to hitch Circuit City to it’s star. Making its overtures public on Monday with an offering reportedly worth nearly 1 billion dollars. There were talks of crossing platforms with Circuit City… Continue Reading »

Blockbuster to acquire Circuit City?

by Elisabeth Young on Apr 16, 2008 at 04:36 PM

Blockbuster is all set to acquire Circuit City, hoping it would become a very huge electronic gadget chain aside from being a global provider of movies and gaming entertainment. Blockbuster is reportedly willing to bid over $1 billion, larger than the company’s current value in the stock market, to create… Continue Reading »

Sirius, XM counsel discusses pricing programs with FCC

by Arnold Zafra on Mar 30, 2008 at 08:24 PM

Following approval of the Department of Justice, legal counsel of both Sirius and XM met with the FCC on Wednesday to discuss the merger proposal of the two companies. The merger proposal was given the nod by DOJ, and so XM and Sirius seem to wasting little time in getting… Continue Reading »

Breaking: Sirius, XM merger receives approval

by Robert Nelson on Mar 24, 2008 at 03:37 PM

It has been in the works for a long time, just over a year now and at this point many were thinking the approval would never happen. However, it seems the latest two month extension for the merger deadline was just was they needed. The Department of Justice has approved… Continue Reading »

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