IBM-Led Group to Invest $2.5 Bln in Upstate N.Y.
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Gov. George Pataki of New York is set  to unveil on Wednesday plans to boost the economy of the Hudson  River Valley with more than $2.5 billion in high-tech  investments from an IBM-led group, the plan's backers said.
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IBM is looking to sell its  personal computer business in a deal that could be worth up to  $2 billion, The New York Times reported on Friday, capping a  gradual withdrawal from the business it pioneered.
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Station Casinos Inc.  has accepted a revised buyout offer valued at about $5.5 billion from a group that includes the company's founding family and real-estate firm Colony Capital LLC, according to The Wall Street Journal.
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Armonk, NY-based IBM Corp., which has 13,500 Triangle employees, has reported increases in revenue and net income for the third quarter of fiscal 2004.
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The door maker will go private in a $2.5 billion deal.
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IBM (NYSE: IBM) will offer a low-priced Power5 processor-based server running the Linux operating system.
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China Power International Development Ltd. raised HK$2.5 billion ($320.6 million) in an initial public offering, bankers said, after pricing its shares at a discount to rivals and selling a stake to Singapore&#39;s investment company.
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Bank of New York Co. Inc.  on  Monday announced plans to buy Mellon Financial Corp.   for about $16.5 billion, creating a powerhouse in securities  servicing and asset management.
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Banco Bilbao Vizcaya Argentaria SA, Spain&#39;s second-biggest bank, said it created a private equity fund that will invest as much as $500 million in US companies with links to the Hispanic community.
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Bank of New York Co. Inc.  on Monday announced plans to buy Mellon Financial Corp.  for about $16.5 billion, creating a powerhouse in securities servicing and asset management.
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A group of investors, including Donald Trump Jr., plan to invest $3 billion to develop Yeongjong Island in Incheon, a Korean legislator has said, part of a government project to create a Northeast Asian logistics hub.
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New York state&#39;s pension fund, the nation&#39;s second largest, said on Friday it plans on tendering its 2.2 million shares of PeopleSoft Inc.
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IBM (NYSE: IBM) today announced that it repurchased $12.5 billion of its  outstanding common stock through accelerated share repurchase agreements.
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Lenovo Group has signed a five-year deal with IBMÂ to provide services and support to its customers. The deal, outlined in a filing with the Hong Kong stock exchange Tuesday, could be worth up to $245 million for IBM over the term of the contract.
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HONG KONG China Power International Development has raised 2.5 billion Hong Kong dollars, or $320.6 million, in an initial public offering, bankers said, after pricing its shares at a discount to rivals and selling a stake to Singapore&#39;s state-run
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AMSTERDAM -- Steel tycoon Lakshmi N. Mittal yesterday said he would pay $4.5 billion in cash and stock for US steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. Ross Jr. from mills whose parents landed in bankruptcy court.
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By Li Weitao  A private equity fund formed by Lehman Brothers and IBM has agreed to buy a stake in a Chinese software company for HK$132 million, a move that could boost the fledgling local software industry.