Merger News
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Toronto -
After Michael Ignatieff's Liberal Party of Canada took a severe beating in last week's federal election, there have been talks of a "progressive" merger between the Liberals and the New Democratic Party. But NDP Leader Jack Layton is not interested.
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SIRIUS Canada and XM Canada announced today that they are combining their companies. The merger equals a combined enterprise value of approximately $520 million, which includes long-term debt of approximately $130 million.
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The communications network Skype is reported to be in talks with the online social-networking site Facebook to form a partnership.
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The two smaller companies in the airline industry announced their merger Monday. Despite the two being considered smaller, Southwest paid top dollar.
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United Airlines and Continental are close to a merger agreement. The two airlines have a precipice of a merger agreement that everyone hopes will be announced Monday.
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British Airways has announced plans to merge with Iberia, a Spanish airline. The deal has not yet been completed but should be made formal in 2010.
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Online dating service, Match.com, will buy People Media for $80 million. People Media operates about 27 dating Websites and provides AOL with online personals services.
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Pfizer is reportedly in talks to buy out its rival Wyeth. The potential merger could be valued at $60 billion. Although no deal is imminent yet, negotiations have been going on for months and may be fuelled by the loss of the Lipitor patent in 2011.
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According to a report, two of the big three are back at the table discussing a merger. Merger talks were reopened after Cerberus Capital Management LP, owner of Chrysler, said it would be willing to give away part of its ownership of the company.
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The merger between Chrysler and General Motors is likely going to be delayed until after the U.S. election. Meanwhile, the feds announced they would not give financial help to the U.S. auto giants to help them merge, and GM sales are plummeting.
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Merger Headlines
NYSE Euronext's proposed merger with Deutsche Boerse is blocked by the EU on competition grounds.
Airline mergers can mean higher airfare for travelers.
Mining giant Xstrata and commodities trader Glencore International announce they are in talks over a possible "merger of equals".
News of a merger between mining firm Xstrata and commodities trader Glencore has been met with a mixed reception by investors.
Ticket prices set to soar if airlines merge.
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Merger Blogs
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I recently wrote about the instant Libyan national identity change we all witnessed live on the news as the Libyan...
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Today the New York times reported a story which demonstrates ever so clearly that Stephen Harper will stoop to any new...
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If there is one thing that is deemed as level-playing field in Philippine politics, it’s the fact that parties,...
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The banking profession is going through rough times . So far the cost of the bail-out worldwide is well on the way...
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Main: ITN - The government have shored up troubled bank the Northern Rock with a £3 billion bail-out, after the bank...
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