Intel acquiring Altera for $16.7 billion
Intel Corp announced on Monday that it plans on acquiring chip maker Altera for $16.7 billion in an all-cash transaction.
The deal represents Intel’s effort...
Playtech acquiring forex trading platform Plus500 for £460 million
Playtech Plc agreed to acquire the forex trading platform company Plus500 for £460 million in cash. Forex stands for the'foreign exchange market'.
The move represents an...
What is a merger?
A merger is a fusion, a marriage, of two or more independent companies into a new single entity. In many cases, but not all, mergers...
UK economic growth is speeding up, says CBI
The Confederation of British Industry says that the speed of UK economic growth is increasing.
Business activity rose significantly in the three months to May,...
Humana Inc said to be considering a sale
Humana Inc is reportedly considering a sale of the company after receiving indications of takeover interest.
According to the WSJ, a person familiar with the...
What is an acquisition?
The business term ‘Acquisition’ refers to the purchase of all or most of a target company’s shares in order to gain control of it....
Equinix acquiring UK rival Telecity for £2.35 billion
Equinix Inc announced on Friday that it is acquiring its UK rival Telecity Group in a deal worth £2.35 billion ($3.6 billion), representing one of...
What is a mixed economy?
A Mixed Economy is both a system of markets and economic planning combined into one. It is an economy that has some central planning...
Cypress increases offer to acquire Integrated Silicon Solution Inc
Cypress Semiconductor Corp said late Friday that it has increased its offer to acquire Integrated Silicon Solution Inc (ISSI) to $20.25 per share in...
Intel said to acquire Altera Corp for around $16 billion
Intel Corp is close to a deal to acquire the smaller chip maker Altera Corp for around $16 billion, according to reports citing people...