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Crown Castle to buy rights to AT&T towers for $4.85 billion

2013-10-21 01:46:14| Telecom - Topix.net

Wireless infrastructure provider Crown Castle International Corp said on Sunday that it had agreed to buy rights to about 9,700 AT&T Inc wireless communication towers for $4.85 billion in cash.

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Verizon's $17 Billion Plan Sparks EZchip Rally: Israel Overnight

2013-10-20 19:25:32| Semiconductors - Topix.net

EZchip Semiconductor Ltd., Israel's second-largest chipmaker, climbed to a one-month high on prospects the company will benefit from Verizon Communications Inc.'s capital spending plan.

Tags: plan israel billion overnight

 
 

UAW Trust Seeking Chrysler IPO Discloses $3.1 Billion Shortfall

2013-10-19 14:24:12| Automakers - Topix.net

The trust responsible for paying the health-care costs of some union retirees of Chrysler Group LLC faces $3 billion in unfunded obligations as it works to get the most for its stake that Fiat SpA wants to buy.

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Safeway increases buyback plan by $2 billion, shares rise

2013-10-19 09:59:18| Grocery - Topix.net

Safeway Inc said on Friday its board authorized an additional $2 billion in stock repurchases, adding to the roughly $800 million the grocery store operator had left under an existing authorization at the end of the third quarter.

Tags: plan rise increases shares

 

SoftBank to spend $1.26 billion for majority Brightstar stake

2013-10-18 23:14:49| Wireless - Topix.net

Japan's SoftBank Corp said on Friday it agreed to pay $1.26 billion for a 57 percent stake in privately held cellphone distributor Brightstar Corp as it looks to boost its bargaining power with handset makers.

Tags: spend majority billion stake

 

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