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New Jersey teachers union wants state to rescind takeover plans for 4 Camden schools

2015-04-21 19:01:00| American School & University

New Jersey Education Association says the plan to create "Renaissance Schools" violates the spirit of the state's education reform laws. read more

Tags: state plans schools union

 

Altice wins approval for PT takeover, must sell Cabovisao

2015-04-21 08:53:00| Telecompaper Headlines

(Telecompaper) Altice announced that it received European Commission approval for its takeover of PT Portugal. The decision is conditional on Altice selling its existing Portuguese operations, business operator Oni and cable operator Cabovisao. The Commission had concerns that the merger of Portugal's largest operator with Altice's operations would have created a dominant player with insufficient competitive constraint from the remaining players on the market for fixed services, which could have led to higher prices for clients. The Commission also rejected a request to refer the examination of the acquisition to the Portuguese competition authority, but said it cooperated closely with the local regulator on its decision. Altice agreed the acquisition of PT in December and will pay Brazilian operator Oi EUR 7.4 billion plus up to EUR 500 million based on the company's future revenue.

Tags: sell approval wins takeover

 
 

MBG Group seals The Feel Good Drinks Co takeover

2015-04-20 16:59:00| Daily beverage news and comment - from just-drinks.com

German drinks supplier MBG Group has completed its acquisition of The Feel Good Drinks Co, days after buying a stake in another UK drinks firm.

Tags: good group feel drinks

 

Private equity firm completes Wet Seal takeover

2015-04-16 14:35:00| Daily apparel & textile news and comment - from just-style.com

Teen apparel retailer The Wet Seal Inc is to continue with the strategies it developed prior to filing for bankruptcy, as its takeover by private equity investment firm Versa Capital Management completes.

Tags: private firm equity wet

 

Elysian co-founder departs in wake of Anheuser-Busch InBev takeover

2015-04-15 22:33:00| Daily beverage news and comment - from just-drinks.com

The head brewer of craft brewer Elysian has left the company days after it was fully acquired by Anheuser-Busch InBev.

Tags: wake takeover departs cofounder

 

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