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buyout articles

Verizon close to securing $5 billion Yahoo buyout; updated

Verizon is reportedly close to finalizing a deal to purchase Yahoo’s core internet business for $5 billion. The telecommunications giant, which bought AOL last year for $4.4 billion, has long been considered the favorite to win the bidding for Yahoo’s…

Pandora said to be searching for a buyer

Pandora's ownership may soon change hands. Sources familiar with the matter tell The New York Times that the Internet radio service has commissioned Morgan Stanley to help it meet with potential buyers.

Intel acquires FPGA-maker Altera for $16.7 billion

Intel has announced that they are acquiring FGPA-maker Altera in a $16.7 billion all-cash deal. The boards of both companies have signed off on the acquisition, and Intel expects the deal to close in six to nine months' time.

Sprint to make bid for T-Mobile as early as June

T-Mobile’s reign as the un-carrier may be coming to an abrupt end. Sources close to the matter have told Bloomberg that Sprint is planning to move forward with plans to acquire the disruptive wireless carrier after meeting with banks last…

BlackBerry co-founders may rescue ailing Canadian handset maker

BlackBerry co-founders Mike Lazaridis and Douglas Fregin appear to be aligning themselves to try and pick up the pieces of the company they helped start years ago. A recent Securities and Exchange Commission filing suggests they might be interested in…