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GigaMedia Preliminary 4Q13 Results in Line with Guidance

2014-03-22 06:40:37| Telecom - Topix.net

The decrease reflected the end of operations in December of the game A.V.A. and a continued decline in contributions from PC-based casual games, partially offset by new contributions from the cloud computing business in the fourth quarter.

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Helen of Troy Announces Preliminary Results of Its Tender Offer

2014-03-12 04:34:34| Appliances - Topix.net

In accordance with the terms and conditions of the tender offer, the Company expects to acquire 3,694,158 common shares at a final purchase price of .

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Vodafone ups offer for Ono in preliminary deal - report

2014-03-10 09:16:00| Telecompaper Headlines

(Telecompaper) Vodafone has raised its offer for Spanish cable operator Ono to EUR 7 billion including debt and has reached a preliminary agreement to buy the company, reports Reuters citing unnamed sources close to the matter. Ono is said to have opened its books to allow Vodafone to initiate an accelerated due diligence process ahead of its shareholders meeting on 13 March. However, until Vodafone makes a firm offer to all shareholders, Ono intends to continue working on alternative plans for an IPO, which is due to be formally presented at next week's meeting. The Spanish operator previously rebuffed offers of EUR 6 billion and EUR 6.5 billion as too low and the sources suggest that Vodafone's revised bid will have to be substantially higher to persuade Ono's shareholders to drop the flotation. In fact, according to one of the sources, an offer would have to be in line with recent cable deals in the Netherlands, where Liberty Global agreed to pay 11.3 times EBITDA for Dutch rival Ziggo, and Germany, where Vodafone paid 11.9 times EBITDA for Kabel Deutschland. Ono's EBITDA for 2012 was EUR 752 million, so applying an 11 times multiple on it would translate to a Vodafone bid of around EUR 8.2 billion.

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Teen Accused of Lighting Another Teen on Fire Waives Right to Preliminary Hearing

2014-03-07 00:39:01| IT Services - Topix.net

By Bay City News- A 16-year-old Oakland boy accused of setting another teen's skirt on fire on an AC Transit bus in November waived his right to a preliminary hearing on an aggravated mayhem charge in Alameda County Superior Court this morning.

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