Cantor Fitzgerald Sells Unit to eSpeed
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The bond-trading firm is selling its privately held BGC Partners brokerage unit to eSpeed, in a deal valued at $1.3 billion.
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Citigroup said Monday it agreed to sell its truck-financing business to GE Commercial Finance for $4.4 billion, concluding a recent spate of divestitures in its leasing operations.
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Global Tower Partners, a U.S. wireless  tower operator, is to be bought by a consortium of  infrastructure funds managed by members of Australia&#39;s  Macquarie Group.
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Australia&#39;s Computershare has agreed to buy EquiServe of the United States for US$292 million ($423 million), making it the largest US share registrar and driving its shares up by a third.
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The Instinet Group, owner of one of the largest electronic stock trading systems, is for sale, executives briefed on the plan say.
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Heavy equipment maker Ingersoll-Rand Co. said Thursday that it will sell its energy conversion unit Dresser-Rand to private equity firm First Reserve Corp.
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LONDON Barclays said Wednesday it would buy the US credit card company Juniper Financial for $293 million as part of its international expansion plan.
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NEW YORK (CBS.MW) -- Institutional broker Cantor Fitzgerald said Tuesday it&#39;s spinning off its fixed-income voice brokerage operations into a new partnership, and will focus on expansion of its remaining institutional fixed-income and equity business.
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Diversified manufacturer Ingersoll-Rand Co Ltd  said on Monday it would buy Trane Inc , a maker of heating and air conditioning systems, for about $9.56 billion in cash and stock.
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Time Warner Inc. finalized an agreement Monday to sell the Atlanta Braves to Liberty Media Corp. after more than a year of negotiations.
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A General Electric (nyse: GE - news - people ) subsidiary announced it would acquire the transportation financing unit of Citigroup (nyse: C - news - people ) in a cash deal worth approximately $4.4 billion.
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Diversified manufacturer Ingersoll-Rand Co Ltd  said on Monday it would buy Trane Inc , a maker of heating and air conditioning systems, for about $9.4 billion in cash and stock.
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Tishman Speyer Properties signed a contract Sunday night to buy the current home of The New York Times Company in Times Square for $175 million and convert it to an office building.
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Conglomerate Loews Corp. LTR.N on  Monday said it agreed to buy Gulf South Pipeline LP, which owns  and operates an 8,000-mile interstate natural gas pipeline  system, from Entergy-Koch LP for $1.136 billion.
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_ The New York Times Co. plans to sell its building on West 43rd Street in Manhattan to a partnership led by Tishman Speyer Properties, the companies announced Monday.
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Aug. 17 (Bloomberg) -- Cantor Fitzgerald LP, one of the two largest Treasury bond brokers, will split off its original business of person-to-person sales to focus on more profitable activities such as institutional equity sales and trading.
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General Motors Corp. agreed to sell its Allison Transmission unit to buyout firms Carlyle Group and Onex Corp. for $5.6 billion as the largest US automaker raises cash to pay for job cuts, plant closings, and new models.