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Texas Attorney General Announces Agreement To Support American Airlines, US Airways Merger

2013-10-02 07:44:56| Airlines - Topix.net

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Abbott settles Texas challenge to airline merger

2013-10-02 03:40:20| Airlines - Topix.net

The Texas attorney general added his support to the merger of American Airlines and US Airways, reversing a position he took six weeks ago when he joined a federal lawsuit aimed at blocking the deal.

Tags: texas challenge airline merger

 
 

Merger made W-D profitable

2013-09-30 17:49:41| Railroads - Topix.net

When we last left Winn-Dixie Stores Inc. in March 2012, the Jacksonville-based supermarket chain was increasing sales but also losing money, with analysts wondering when and if it could turn that around.

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Vodacom, Neotel confirm merger talks

2013-09-30 16:21:00| Telecompaper Headlines

(Telecompaper) India-based Tata Communications confirmed it's in exclusive talks to sell South Africa fixed operator Neotel to Vodacom, the African subsidiary of Vodafone. A final deal will depend on further negotiations, as well as regulatory and corporate approvals. The operators said the takeover would stimulate greater competition in the South African fixed telecommunications market, where Neotel has struggled to gain ground against incumbent Telkom. Vodacom will be able to expand into the growing fixed internet market, bundling offers with its mobile services for consumers and businesses, as well as profit from Neotel's spectrum holdings and backbone network. If the deal is implemented, Vodacom said it intends to invest significantly in the combined entity to provide high-speed fixed connectivity to many more businesses and consumers. No financial details of the proposed merger were announced. Earlier reports suggested that Tata's stake in Neotel could be worth around USD 500 million.

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Tata, MTS, Aircel in merger talks - report

2013-09-30 01:26:00| Telecompaper Headlines

(Telecompaper) Indian mobile operators Tata Teleservices, MTS, and Aircel are in talks for a three-way merger. There has been a fair amount of discussion between Tata Teleservices and MTS parent Sistema Shyam Teleservices, but talks with Aircel are very new, a source with knowledge of the matter told the Economic Times. Tata Teleservices and Aircel have been struggling to reduce their debts while Sistema is cash rich and would be the dominant shareholder in the combined entity. The three companies did not comment on the merger rumours.

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