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Ally Financial IPO to Generate Up to $2.7 Billion for U.S.

2014-03-28 01:04:22| Auto Dealers - Topix.net

Ally Financial Inc., the auto lender rescued by the U.S. government during the 2008 financial crisis, is helping the Treasury Department divest its stake by seeking as much as $2.7 billion in an initial public offering.

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Ally Financial IPO May Generate $2.7 Billion for Treasury

2014-03-27 21:33:37| Automakers - Topix.net

Ally Financial Inc. , the auto lender rescued by the U.S. government during the 2008 financial crisis, is helping the Treasury Department divest its stake by seeking as much as $2.7 billion in an initial public offering.

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Yahoo Japan agrees to buy eAccess for JPY 324 billion

2014-03-27 14:52:00| Telecompaper Headlines

(Telecompaper) Yahoo Japan has agreed to acquire 99.68 percent of the shares (33.29% of voting rights) of eAccess from Softbank for JPY 324 billion. The deal is scheduled to complete at start-June. eAccess and Willcom are scheduled to merge effective 01 June. Yahoo Japan's acquisition of the shares of eAccess is conditional upon this merger being completed. Yahoo Japan is making the acquisition to boost its mobile internet operations under the slogan 'Smart Devices First'.

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Ergen says LightSquared could be worth $8.9 billion

2014-03-27 01:11:32| Wireless - Topix.net

Dish Network Corp Chairman Charles Ergen, the largest creditor of bankrupt wireless company LightSquared, said on Wednesday he believed LightSquared could be worth as much as $8.9 billion if it gained regulatory approval of its planned wireless network.

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Yahoo Japan buys eAccess for 2.3 billion

2014-03-27 01:00:00| Total Telecom industry news

Internet company to launch Y!Mobile in June, primarily offering Android devices.

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