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New York REIT Jumps After Report of Merger Talks With JBG Cos.

2016-05-02 22:19:00| National Real Estate Investor

David M. Levitt New York REIT Inc., a landlord thats been under pressure from investors, surged as much as 13 percent after Reuters reported that the company is in talks to merge with JBG Cos. read more

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Toshiba, Fujitsu, Vaio PC merger talks crumble - report

2016-04-15 09:15:00| Telecompaper Headlines

(Telecompaper) Merger discussions for the PC units of Toshiba, Fujitsu and Vaio are on the verge of collapse, the Wall Street Journal reported, citing sources familiar with the matter. Japan Industrial Partners, a fund that bought a controlling stake in Vaio from Sony in 2014, has already left the table. Fujitsu is still in discussions with Toshiba, but neither wants to take a majority of the proposed joint company, putting the talks at risk of falling apart.

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Orange, Bouygues end merger talks

2016-04-01 19:13:00| Telecompaper Headlines

(Telecompaper) Orange and Bouygues have brought an end to their discussions to merge their French telecom operations, saying they were unable to reach a final agreement. The talks started in January on merging France's number one and number three operators and are thought to have faltered in the end on how big of a stake Bouygues would get in Orange in return for its telecom assets. Bouygues said in a statement that it was unable to secure terms on four important points: what would happen to its employees joining Orange, its stake in Orange and control as a major shareholder, the execution risk of the merger and the valuation. Bouygues added that the possibility of consolidation on the French market now appears impossible.

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Orange, Bouygues extend merger talks

2016-03-31 08:50:00| Telecompaper Headlines

(Telecompaper) Orange announced that its board of directors met on 30 March to discuss the talks regarding a possible consolidation with Bouygues Telecom. The board found that the negotiations were not sufficiently advanced yet and will meet again by 03 April to examine the results of the discussions. Bouygues' board issued a nearly identical statement. "At its meeting of 30 March 2016, Bouygues' Board of Directors noted that the negotiations between Orange and Bouygues had not progressed sufficiently. Therefore, it will meet before the end of the weekend in order to make a final decision whether to pursue the merger plan or not."

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CNBC: UTC in merger talks with Honeywell

2016-02-22 21:42:35| Paper - Topix.net

United Technologies, which employs some 600 people at UTC Aerospace Systems in Danbury, Conn. , is in talks merger talks with Honeywell, according to a CNBC report on Monday, February 22, 2016.

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