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Mergers & Acquisitions

 
Update: XM And Sirius Resolving Final Issues; Martin Says Agreement Reached - 0 Comments
Posted By Joseph Weisenthal - Thu 24 Jul 2008 06:01 AM PST

The conclusion of the XM-Sirius (NSDQ: SIRI) saga is playing out like the final 2 minutes of a close basketball game. All signs are that the deal will be approved.…

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Entrepreneur Media Deal Hitting Last-Minute Snags: Report - 0 Comments
Posted By Rafat Ali - Wed 23 Jul 2008 09:44 AM PST

Entrepreneur Media, the Irvine, CA-based parent of Entrepreneur magazine, has been hitting last minute snags in its deal to be sold to Austin Ventures, NYP’s Keith Kelly is reporting. Earlier…

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Cisco Acquires Digital Home Software Firm Pure Network For $120 Million - 0 Comments
Posted By Rafat Ali - Wed 23 Jul 2008 09:33 AM PST

Cisco (NSDQ: CSCO), which has snapped up companies like Linksys, Kiss and others over the last few years, has now bought out Seattle-based Pure Networks, a provider of home networking-management…

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Updated: Agreement Reached To Approve XM-Sirius: Reports - 0 Comments
Posted By Joseph Weisenthal - Wed 23 Jul 2008 09:16 AM PST

Update 2: Now WSJ is reporting that a tentative deal has been reached to approve the merger. According to the report, Tate will give her blessing to the union upon…

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Better Late Than Never: Omnicom Group Says It’s Finally In Buying Mode - 0 Comments
Posted By David Kaplan - Tue 22 Jul 2008 08:12 PM PST

After reporting that Omnicom Group’s Q2 net income and worldwide revenue both rose 11 percent—release is here (PDF)—the ad holding company’s CEO John Wren told listeners to the company’s earnings…

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Giga Omni Media Acq-hires Mobile Tech Blog jkOnTheRun - 1 Comment
Posted By Rafat Ali - Tue 22 Jul 2008 07:23 PM PST

Giga Omni Media, the blog media network founded by Om Malik, has done its first acq-hire: it has bought a mobile technology blog called jkOnTheRun, a blog about mobile gadgets,…

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Glass Lewis Recommends ‘No’ Vote On Bostock, Two Others; Slams Yahoo Severance Plan - 0 Comments
Posted By Joseph Weisenthal - Tue 22 Jul 2008 06:23 PM PST

This may be too late to have any real impact, but it does come as something of a surprise… proxy firm Glass Lewis recommends shareholders vote against the reelection of…

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XM-Sirius Voting: 2 Yeas, 1 Nay, 2 Undecided - 1 Comment
Posted By Joseph Weisenthal - Tue 22 Jul 2008 11:13 AM PST

There have been so many false finishes to the interminable XM-Sirius (NSDQ: SIRI) approval process, that it’s probably best to hold off on all reporting until there’s a decisive vote.…

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Troubled ZVUE Restructures Deal With Eric Bauman; Gets $1M Financing - 2 Comments
Posted By Joseph Weisenthal - Tue 22 Jul 2008 05:46 AM PST

ZVUE, the maker of MP3 players and the owner of comedy site eBaumsWorld (just those two things should tell you what you need to know), has restructured its purchase agreement…

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Publicis Buys Third Asian Digital Shop, South Korea’s Portfolio - 1 Comment
Posted By David Kaplan - Tue 22 Jul 2008 04:44 AM PST

French ad holding company Publicis Groupe has bought South Korea’s Portfolio, which describes itself as a full-service digital agency. In keeping with last year’s formation of its network of international…

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Earnings: XM Q2 Revs Up 15 Percent; Net Loss Narrows On Lower SAC - 0 Comments
Posted By Joseph Weisenthal - Tue 22 Jul 2008 04:02 AM PST

Still awaiting regulatory approval for its merger with Sirius (NSDQ: SIRI), XM (NSDQ: XMSR) announced Q2 revenue of $318 million, a 15 percent increase from $277 million in the year-ago…

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Jerry Yang:  ‘An End To This Challenging Chapter’ - 0 Comments
Posted By Joseph Weisenthal - Tue 22 Jul 2008 03:14 AM PST

Did Jerry Yang knock on wood when he sent out a memo to employees on the settlement with Icahn? One can only hope, since he says it represents an end…

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Yahoo’s Settlement Conditions: Icahn Group Must Retain 30 Million Shares; Must Not Disparage Company - 0 Comments
Posted By Joseph Weisenthal - Mon 21 Jul 2008 02:02 PM PST

Yahoo (NSDQ: YHOO) has filed a few details with the SEC pertaining to its settlement with Carl Icahn. Foremost: Icahn and his associates must maintain at least 30 million Yahoo…

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Modern Luxury Media Acquires Fashion E-Zine Julib - 0 Comments
Posted By Rafat Ali - Mon 21 Jul 2008 07:31 AM PST

Modern Luxury Media (MLM), the publisher of about 34 city magazines across U.S., has bought online and e-mail fashion magazine Julib. The company said Julib has e-mail newsletters for about…

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Updated: EA Extends Offer For Take-Two (Again) - 0 Comments
Posted By Joseph Weisenthal - Mon 21 Jul 2008 05:53 AM PST

Meanwhile, this saga continues to drag on: EA says it has extended, yet again, its offer to buy rival gamer Take-Two. The new deadline is August, 18th; the previous offer…

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Yahoo Settles With Carl Icahn; Icahn To Control 3 Of 11 Seats; Jonathan Miller Likely On - 6 Comments
Posted By Joseph Weisenthal - Mon 21 Jul 2008 04:26 AM PST

So much for an exciting battle… Yahoo (NSDQ: YHOO) has announced a settlement with Carl Icahn that will see Icahn himself elected to the company’s board at the upcoming meeting.…

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McGraw-Hill Aiming For An Expanded Reed Business Bid? - 3 Comments
Posted By Rafat Ali - Sun 20 Jul 2008 09:42 PM PST

Is McGraw-Hill (NYSE: MHP) working on a bid for Reed Business Information? We had been working on a tip to this effect for the last two months, but at that…

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Speculation Continues on Napster’s Fate; Could Be Bought By, Well, Anyone - 1 Comment
Posted By Rafat Ali - Fri 18 Jul 2008 06:22 PM PST

The speculation about Napster’s (NSDQ: NAPS) fate has been going on ever since it relaunched under the new management, and once again, some new fuel to it: Bloomberg did a…

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Blow To Icahn: Legg Mason To Support Incumbent Yahoo Slate - 0 Comments
Posted By Joseph Weisenthal - Fri 18 Jul 2008 06:21 AM PST

Icahn’s proposed Yahoo (NSDQ: YHOO) board slate may be toast. Legg Mason, a holder of 60.7 million shares (4.4 percent), has decided to support the incumbent Yahoo slate. In a…

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Updated: Yahoo Unveils Proxy Page - 0 Comments
Posted By Joseph Weisenthal - Fri 18 Jul 2008 03:41 AM PST

In a filing with the SEC, Yahoo (NSDQ: YHOO) notes this morning that it has put up a new proxy page at proxyfacts.yahoo.com with the following banner. It pretty much…

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Google Buys Russian Contextual Ad Firm From Rambler For $140 Million - 7 Comments
Posted By Rafat Ali - Fri 18 Jul 2008 12:23 AM PST

We have recently written about a flurry of Russian online deals, and this is among the bigger ones that have happened in the last year or so: Google has bought…

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It’s Official: Merrill Sells Stake In Bloomberg To Bloomberg LP For $4.425 Billion - 0 Comments
Posted By Staci D. Kramer - Thu 17 Jul 2008 01:25 PM PST

Merrill Lynch sold its 20 percent stake in Bloomberg LP for $4.4 billion to the company, which exercised its right of first refusal. Initial reports had the stake going to…

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Podtech’s Assets Sold Off For Peanuts - 1 Comment
Posted By Rafat Ali - Thu 17 Jul 2008 12:48 PM PST

The story of Podtech has changed dramatically over the last year or so: first it lost its CEO, laid off staff and failed to raise venture money, and now its…

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Vance Publishing Acquires Two Cattle Sites: CattleNetwork, CattleStore - 4 Comments
Posted By Joseph Weisenthal - Thu 17 Jul 2008 08:21 AM PST

Vance Publishing, a B2B publisher home to various niche titles, has acquired two online cattle resources: CattleNetwork.com and CattleStore.com, both of which were bought owned by Integrated Management Information. Deal…

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Glam Media Uber Alles: Expanding Into Germany, Buying Munich’s Codex Media - 0 Comments
Posted By David Kaplan - Thu 17 Jul 2008 05:30 AM PST

Glam Media is opening a German site with help from its backer Burda Cross Media. Glam is also getting some extra assistance from its latest acquisition, Munich-based digital marketing firm…

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paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

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