UK-based pork processor Karro Food plans to shut down slaughter and butchery operations at Wiveliscombe site in Somerset, a move which will result in 113 job losses. The company stated that the development is part of a strategic review of ...
Tags: Karro Food, Meat Operations
One of the biggest challenges facing the IT industry is determining how to boost the number of skilled cyber security professionals in order to combat an epidemic of cyber crime. That's according to Jon Ramsey, CTO of Dell SecureWorks, the ...
Tags: Security Skills, DELL, Computer Products, IT
Clearwire shareholders approved Sprint Nextel's takeover of their company on Monday, ending a saga that had included years of uncertainty and finally a bidding war for the spectrum-rich wireless network operator. Sprint co-founded ...
Tags: Computer Products, 4G, softwrae, wireless network
Prominent shareholder advisory group Institutional Shareholder Services has given a stamp of approval to Dell founder Michael Dell's bid to take the company private. "ISS recommends clients vote for this transaction, which offers a 25.5 ...
Tags: Computer Products, software
Dell's special committee has advised company founder, and prospective new owner, Michael Dell, to raise his acquisition offer following an improved counter-offer by rival Carl Icahn and his associate investors. The independent committee, ...
Sprint Nextel shareholders voted overwhelmingly to approve SoftBank's$21.6 billion takeover bid,setting the stage for the deal to close early next month. At a special shareholder meeting on Tuesday,98%of the shares voted were in favor of ...
Tags: Sprint, SoftBank, acquisition, investment
Sprint shareholders Tuesday set the stage for a potentially massive change in the wireless carrier competitive landscape by approving SoftBank's bid to buy 78%of the company for$21.6 billion. Sprint can use cash from the Softbank deal to ...
Tags: Sprint, SoftBank, Clearwire, acquisition
Billionaire Carl Icahn is approaching investors for$5.2bn in loans to back an alternative bid to buy out ailing PC maker Dell. Icahn,who will become Dell's largest external investor if Southeastern sell him about$1bn of its Dell shares,is ...
Tags: Carl Icahn, Dell, PC, investor
Dish Network has dropped its offer to buy Clearwire, probably clearing the path for a strengthened Sprint Nextel to complete its takeover of the struggling but spectrum-rich mobile operator. Both SoftBank's US$21.6 billion acquisition of ...
Sprint Nextel has offered and Clearwire has accepted a bid of $5 per share for the struggling wireless network provider, raising the stakes yet again in an expensive bidding war between Sprint and satellite service provider Dish Network. ...
Tags: Clearwire, Sprint Nextel, Wireless Network
Carl Icahn's bid to disrupt plans to buyout Dell have ramped up, with the billionaire offering to pay $14 a share for a majority stake in the company if shareholders help him in reducing the proposed $24.4bn (£15.6bn) offer for the ...
Tags: Dell, Carl Icahn
Carl Icahn has acquired a larger stake in Dell and called for a better buyout offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners. Icahn has proposed that Dell commence a tender offer for around 1.1 ...
Tags: Dell, Carl Icahn, Buyout Deal
Iceland Foods has big plans for its processing arm and exports that will put reports of falling annual profits and weak sales growth into perspective, according to one director. The discount frozen food chain bought manufacturer Loxton ...
Tags: Agriculture, Food
US-based Dole Food has received a proposal from David H. Murdock, the company's chairman of the board and CEO, to acquire all of the outstanding shares of common stock which are not already owned by him in a deal which values the company at ...
The global producer of glass fiber reinforcements, Owens Corning (OC - Snapshot Report), has joined with Taishan Fiberglass, a subsidiary of China National Materials Group, Sinoma, to promote the use of Alkali Resistant (AR) specialty ...
Tags: Glass, glass fiber, Construction