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"Our growth strategy has always included providing a strong network that can handle unplanned and unexpected increases in network traffic," said Jeanie Han, CEO of LINE Euro-Americas in a statement replete with implicit criticism of WhatsApp's platform (presumably) falling over after an influx of new users, following the acquisition news.
Acquisition news may have reassured some investors.
Boosting the markets in early trading was a fresh wave of acquisition news.
A fresh batch of acquisition news also helped fuel market gains.
More acquisition news in the online travel space.
Which brings us back to today's acquisition news.
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In other sales-and-acquisitions news, private equity firms Permira and Kohlberg Kravis Roberts & Co. bought Luxembourg-based SBS Broadcasting under new CEO Mathias Döpfner,, German publisher Axel Springer purchased a majority in ProSiebenSat. 1 Media; and Russia's last independent network station, REN TV, was sold to state-controlled Evrofinans Bank.
A slew of mergers & acquisitions news hit Wall Street Monday morning.
U.S. stocks opened lower, amid a slew of mergers and acquisitions news and falling oil prices.
Stocks rallied today on expectations for a strong second-quarter earnings season and a batch of mergers and acquisitions news.
In other mergers and acquisitions news, IHOP said it would buy Applebee's International for almost $2 billion.
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