Facebook announced the purchase of the mobile messaging service WhatsApp on Wednesday, in a $19bn deal that represents the social media company's biggest acquisition yet.
In a deal that represents hundreds of millions of dollars in new revenue for CBS, the network said Monday that it had secured subscriber fees for its local stations from Comcast for the next 10 years.
There have been reports that Seagram, which could veto any USA Networks deal that represents an investment larger than 10percentt of USA Network's market value, had opposed Mr. Diller's bid for NBC.
LONDON - The British government agreed on Thursday to sell Northern Rock, the lender it nationalized more than three years ago, to Virgin Money, which is controlled by Richard Branson, in a deal that represents a loss for Britain's taxpayers.
Page B1 BRITAIN SELLS LENDER AT LOSS The British government agreed to sell Northern Rock, the lender it nationalized more than three years ago, to Virgin Money, which is controlled by Richard Branson, in a deal that represents a loss for Britain's taxpayers.
In the deal that represents Waypoint's largest buyout effort to date, the company acquired a 49 percent stake in a pool of four distressed apartment properties, with more than 1,100 units, across the Southeast.
WALL STREET JOURNAL TPG Buys Into Danish Online Trader | TPG Capitalal has purchased a 30 percent stake in Danish online trading platform Saxo Bank in a $560 million deal that represents the private equity firm's first investment in Europe's finance industry.
1/5/12 | Updated In a deal that represents billions of dollars in revenue for the Walt Disney Company, the entertainment giant and Comcast said Wednesday that they had reached a decade-long distribution agreement covering all of Disney's television content, including streaming for iPads and other devices.
