Mergers and Acquisitions Acquisitions

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  • Jan 21- Radisson hotels owner Carlson Cos Inc is exploring a sale of its hotel business among other strategic alternatives, the Wall Street Journal reported on Thursday. A merger or a partnership are the other alternatives the company is exploring, the Journal reported, citing people familiar with the matter. Carlson was not immediately available for comment.

  • CORRECTED-IBM buys Ustream to build on cloud offerings Thursday, 21 Jan 2016 | 12:30 PM ET

    Jan 21- International Business Machines Corp said on Thursday it bought Ustream Inc, an online video streaming service provider, to boost its cloud offerings for businesses. However, the Fortune magazine reported on Wednesday, citing sources familiar with the deal, that the transaction could be valued at $130 million. The company reported on Thursday that...

  • IBM buys Upstream to build on cloud offerings Thursday, 21 Jan 2016 | 11:04 AM ET

    Jan 21- International Business Machines Corp said on Thursday it bought Ustream Inc, an online video streaming service provider, to boost its cloud offerings for businesses. However, the Fortune magazine reported on Wednesday, citing sources familiar with the deal, that the transaction could be valued at $130 million. The company reported on Thursday that...

  • HOUSTON, Jan 21- A private equity-backed U.S. oil company led by former Statoil executives has bought 18,000 acres in rural west Texas, the latest deal by investors snapping up land whose value has plunged along with crude prices. Luxe Energy LLC, formed last year by Statoil alumni with $500 million in equity financing from NGP Energy Capital Management, planned...

  • The deal brings together two of the world's most prominent cyber firms: FireEye's Mandiant forensics unit is a leader in helping companies investigate cyber attacks, while iSight has uncovered major cyber campaigns from Iran, Russia and other nations. Even then, the total of $275 million would be less than a third of the $1 billion valuation that iSight Chief...

  • The deal brings together to of the world's most prominent cyber firms: FireEye's Mandiant forensics unit is a leader in helping companies investigate cyber attacks, while iSight has uncovered major cyber campaigns from Iran, Russia and other nations. Even then, the total of $275 million would be less than a third of the $1 billion valuation that iSight Chief...

  • UPDATE 1-News Corp denies rumors of Twitter bid Wednesday, 20 Jan 2016 | 3:43 PM ET

    Jan 20- Rupert Murdoch's News Corp said rumors about the company's interest in buying microblogging site Twitter Inc or building a stake in it were untrue. Twitter's shares, which rose as much as 14 percent, pared some gains and were up 5.2 percent at $17.55 in late afternoon trading. Twitter has been the subject of takeover rumors in the past, including a fake...

  • Faber Report: Veritas deal change Wednesday, 20 Jan 2016 | 9:44 AM ET
    Faber Report: Veritas deal change

    CNBC's David Faber reports the price on Veritas was cut. Carlyle agreed to buy Veritas for $8 billion in August, but agreed to lower that price yesterday.

  • Jan 20- Staples Inc said it would give itself three more months before calling off its proposed $6.3 billion- acquisition of Office Depot Inc, giving the companies time to fight an antitrust lawsuit with the Federal Trade Commission. Staples said on Wednesday it would extend the termination date of the proposed acquisition to May 16 from Feb. 4, the previous...

  • Spanish-language broadcaster, has bought a 40 percent stake in Onion Inc, the company that owns the site as well as film review website The A.V. Club and satire site ClickHole. "The communications company has acquired a good chunk of Onion Inc as of, and may acquire the remainder down the line," Onion Chief Executive Mike McAvoy said in a memo to employees.

  • Bitcoin exchange Kraken buys Coinsetter, Cavirtex Tuesday, 19 Jan 2016 | 10:16 AM ET

    NEW YORK, Jan 19- Global bitcoin exchange Kraken said on Tuesday it is acquiring digital currency exchanges Coinsetter and Cavirtex, strengthening its expansion in North America. But Coinsetter has certainly a cautious approach to the United States and it doesn't have contingent liabilities hanging around its head and that's pretty appealing to us. "

  • HELSINKI, Jan 19- U.S. biotechnology company Acorda Therapeutics Inc. announced on Tuesday an agreed $363 million cash bid for all of the shares in Finland's Biotie Therapies. The company will offer 0.294 euros for each Biotie share, a premium of about 95 percent compared with the closing price on Monday. Biotie shares had jumped 79 percent to 0.27 euros by 0824...

  • *Potentially first U.S. cargo to head to Asia after ban lifted. TOKYO/ SINGAPORE, Jan 19- Japan's Cosmo Oil Co has purchased a U.S. crude oil cargo, the first by a buyer in the region since the ending of a four-decade ban on most U.S. crude exports and potentially the first in Asia, two sources familiar with the matter said on Tuesday. While exports of U.S. crude have already...

  • *Value of Brazil's M&A deals slumped 30 pct last year. SAO PAULO, Jan 15- Banco Bradesco BBI SA, which ended last year as the top-ranked advisor for mergers and acquisitions in Brazil for the first time in nearly two decades, expects a worsening recession and weakening currency to fuel takeover activity in coming months. The investment banking unit of Banco...

  • LONDON, Jan 15- Japan's Asahi Group Holdings and Spain's S.A. Damm have submitted offers for SABMiller's Peroni and Grolsch beer brands alongside a handful of private equity bidders, three sources with direct knowledge of the matter said on Friday. The two brands, which are to be sold as part of Anheuser-Busch InBev's $100 billion- plus takeover of SABMiller, have...

  • NEW YORK, Jan 15- For KKR& Co LP, the private equity firm behind some of the world's largest leveraged buyouts, the acquisition of U.S. outdoor retailer Mills Fleet Farm for a little more than $1.2 billion should have been a formality. The New York- based firm, run by legendary dealmakers Henry Kravis and George Roberts, was almost a handshake away from clinching the...

  • BERNE/ SAO PAULO, Jan 14- Switzerland's BancaStato has emerged as a prospective buyer of BSI, the Swiss private bank bought last year for $1.3 billion by Brazil's embattled Grupo BTG Pactual SA, while bigger rival Julius Baer suggested it would not be bidding. "BancaStato sent a non-binding letter of intent for the acquisition of the capital stock of BSI SA.

  • BEIJING, Jan 14- Flanked by models in white sequin dresses, amid booming music and dazzling lights, China's richest man savoured his latest entertainment triumph this week, the announcement of a $3.5 billion deal to take over a Hollywood blockbuster movie studio. Acquiring Legendary Entertainment puts Wang Jianlin and his conglomerate, the Dalian Wanda Group,...

  • UPDATE 1-Bitcoin firm buys industry publication CoinDesk Wednesday, 13 Jan 2016 | 2:06 PM ET

    The editorial and business teams at CoinDesk will merge with DCG's new events platform, doubling its size and forming a new New York- based subsidiary focused on providing news coverage, research, and events. CoinDesk's headquarters were moved to New York from London, Selkis said. The media outfit currently has 10 employees, plus contributors spread across two...

  • Bitcoin firm buys industry publication CoinDesk Wednesday, 13 Jan 2016 | 11:35 AM ET

    NEW YORK, Jan 13- Digital Currency Group, a holding firm focused on investing and developing businesses that deal in bitcoin and other cryptocurrencies, has acquired the industry publication CoinDesk, the company said in a statement on Wednesday. The editorial and business teams at CoinDesk will merge with DCG's new events platform, doubling its size and...