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Ellison's Been Paid Billions as Oracle CEO; His Stake Is Worth a Lot More
2014-09-20 04:35:52| Apparel - Topix.net
But his compensation pales in comparison to the value of his stake in the company. Since 2000, Ellison has received more than $2 billion in compensation, according to calculations by The Wall Street Journal.
Becker Drapkin Management Ups Stake in Fuel Systems Solutions Inc....
2014-09-19 19:51:52| Electronics - Topix.net
In a couple of new filings with the U.S. Securities and Exchange Commission, Becker Drapkin Management , managed by Matthew Drapkin and Steven R. Becker , has disclosed upping its stake in Fuel Systems Solutions Inc. , and entering into a voting agreement with EMCORE Corporation in connection its asset sale agreement. Becker Drapkin Management is bullish on Fuel Systems Solutions Inc. , in which it increased its position to 1.79 million shares from 1.58 million shares reported previously.
Tags: inc
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solutions
Oi to sell stake in Unitel
2014-09-17 12:42:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi has announced plans to sell its 75 percent stake in Africatel. The main asset of the holding company inherited from its merger with Portugal Telecom is a stake in Angolan mobile operator Unitel. The company was earlier reported to be seeking USD 2 billion for the stake. Oi said it hopes to coordinate the sale of the company with Samba Luxco, the other shareholder in Africatel. However, the company is already in a dispute with Samba Luxco, as the latter claims the merger of Oi and PT constitutes a change of ownership, allowing it to exercise a put option to sell its stake in Africatel. Oi and PT have disputed this claim and said this could lead to an arbitration process.
UPDATE 1-Morgan Stanley takes stake in Magnum Hunter natgas pipelines
2014-09-16 23:28:20| Oil & Gas - Topix.net
Magnum Hunter Resources Corp said on Tuesday it will sell a stake in a natural gas gathering unit in U.S. Marcellus and Utica shale fields to the infrastructure investment unit of Morgan Stanley, giving the two co-ownership in the business valued at $1 billion. In addition, Morgan Stanley Infrastructure will also buy about 41 percent in Eureka Hunter from a unit of ArcLight Capital Partners LLC, a U.S. private equity company, for an unspecified amount.
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takes
hunter
stanley
Mail.ru raises stake in VKontakte to 100%
2014-09-16 15:28:00| Telecompaper Headlines
(Telecompaper) Russian internet company Mail.ru Group announced that it has acquired the remaining 48.01 percent of Russian social network VKontakte, raising its stake to 100 percent. The deal closed on 16 September, for an amount of USD 1.47 billion. The shares were acquired from Blesmir Development Limited and Palagon Limited. Mail.ru funded the deal with its existing cash and a RUB 22.2 billion loan from Gazprombank. In 2013, VKontakte had revenue growth of 14 percent to RUB 3.8 billion, EBITDA up 32 percent to RUB 1 billion and net profit of RUB 53 million.
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