Classmates agrees to $100M buyout
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United Online Inc., a California-based provider of low-cost Internet subscription services, has agreed to buy Internet networking company Classmates Online Inc.
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Houghton Mifflin Riverdeep Groupâs agreement to acquire the United States educational business of the Harcourt division of Reed Elsevier is the latest in a series of deals that have transformed educational publishing.
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Chrysler LLC said on Monday it is offering buyouts of up to $100,000 each to an unidentified number of hourly workers at 12 of its Detroit-area facilities as part of its November plan to eliminate up to 10,000 unionized jobs.
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The for-profit, post-secondary education industry is ripe for consolidation, and Arlington has a letter of intent to buy another school in the western United States and anticipates more deals in the next year.
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CLEVELAND -- International Management Group, a sports and celebrity management and marketing firm that has represented Tiger Woods, Joe Montana, and Derek Jeter, is being sold to a New York buyout specialist firm in a cash deal valued at more than $700 million.
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Australiaâs largest airline agreed to an $8.7 billion buyout offer from a consortium led by Macquarie Bank and the Texas Pacific Group.
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The deal is valued at about $100 million, but the handset maker will be billed based on actual service consumption.
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Harman International has reached a compromise with a pair of buyout firms that will allow them to terminate a planned takeover of the company in return for a $400 million investment -- avoiding litigation that both sides viewed as too costly.
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EasyJet founder Stelios Haji-Ioannou and his family are likely to receive a windfall of about Â£100m from the sale of a New York-quoted shipping business which he established 12 years ago.
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NEW YORK -- United Online Inc., one of the country&#39;s largest Internet service providers, Monday said it agreed to buy Classmates Online Inc.
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More than 99 percent of the around 120 Lazard partners who focus on mergers and acquisitions have signed or agreed to sign in favor of the investment bank&#39;s plan to sell shares to the public, a source close to the matter said.
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By Thomas J. Morgan; Journal Staff Writer  The company agrees to pay more than $100,000 in penalties and contributions.
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A buyout of the online learning company looks like the best option for shareholders.
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The University of Miami medical school on Monday announced that it had received a $100 million donation -- the second-largest amount ever given to a Florida university -- and that the money would be used for biomedical research.
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Business & money: Â· Business reborn after new stock offer accepted  Â· Debt halved as vote ends difficult chapter for firm
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Disappointment? Yes. Anger? No. University of Massachusetts men's basketball coach Travis Ford said that was his reaction when he learned his alma mater, the University of Kentucky, had invoked a $50,000 buyout of its Nov. 24 nonconference game against the Minutemen at TD Banknorth Garden.
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Blackstone Group LP, the private equity firm that bought Equity Office Properties Trust in the biggest leveraged buyout ever, has sold 53 buildings in Washington, D.C., Portland, Ore., and Seattle for $7.55 billion, said three people with direct knowledge of the transactions.