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Y Combinator-backed Origami, recently snapped up by eFamily, had only 40,000 users at the time of its acquisition, for example, including users it had acquired through buying out a competitor.
Y Combinator-backed Origami, recently snapped up by eFamily, had only 40,000 users at the time of its acquisition, for example, including users it had acquired through buying out a competitor.
Its acquisition of RightNow in October pressured SAP to close a large transaction in that field, which set up its acquisition for SuccessFactors two months later.
E1 BUSINESS DAY C1-26 Seagram-Vivendi Deal Seagram will announce its acquisition for $34 billion in stock by Vivendi, the French water utility transforming itself into a telecommunications and entertainment giant.
The team has posted nearly $380 million in pretax net losses since its acquisition for $300 million in 2004 by a group led by Bruce C. Ratner, chairman of Forest City Ratner, a Forest City Enterprises subsidiary.
Eileen Burbidge, the chair of Tech City, pointed out that WhatsApp had just 55 employees at the time of its acquisition for $19bn by Facebook, while Instagram a few years earlier had been acquired for $1bn with just 18 employees; neither company was burning enough cash, she says, to frighten off even conservative European venture capitalists.
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Tyson Foods Inc., Springdale, Ariz., said it had completed its acquisition of Valmac Industries for $30 a share.
Among its acquisitions — for $500 million — was the 2,900 apartment portfolio of Baruch Singer, who had become one of Harlem's most notorious landlords because of the number of code violations and fines his buildings incurred.
"When people on Wall Street hear about it, they say, 'How could you have done it?' " In the spring of 1998, in an extraordinary coup, Packaged Ice bought Reddy Ice, and all its acquisitions, for a hundred and seventy-two million dollars.
"We did everything we could to save the company," said Joseph Ortuso, a Teamster and sales route driver from New Jersey who'd been with Hostess or its acquisitions for more than two decades.
The decision clears the way for Chevron to seal its acquisition of Unocal for about $17 billion in cash and stock.
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