MGIC, Radian to terminate merger
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Mortgage insurer MGIC Investment Corp.  and bond insurer Radian Group Inc.  agreed to terminate their pending merger, the companies said on Wednesday, citing market conditions.
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Sources say the two companies will likely dissolve their 8-year-old subsidiary sometime this year.
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Company is considering a gradual exit from processor sales.
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On 15 December 2004, Sprint and Nextel announced a definitive agreement to merge. The combined companies will operate under the name Sprint Nextel.
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Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. expect their merger to close by the end of 2007, according to presentation slides for an analysts' conference call on Tuesday.
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Here are answers to some questions arising from the closing of Cingular Wireless&#39; acquisition of AT&amp;T Wireless. Q: With the merger, how will the combined company rank in the industry?
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Warburg Pincus, Providence Equity close to acquiring former part of AT&amp;T Bell Labs, report says. NEW YORK (CNN/Money) - Two investment firms are about to close a deal to acquire telecommunications software company Telcordia Technologies Inc.
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Motorola said today that it plans to buy handheld device maker Symbol in a $3.9 billion deal expected to close by early 2007.
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NEW YORK - EMC will announce today that it has closed on the acquisition of Dantz Development, a privately held company that it hopes will give it a toehold in the $600 million spent by small to mid-size companies on data backup and recovery software.
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The layoffs come as Motorola completes the spinoff of its semiconductor division. Also: Akimbo Systems signs a deal for content from Time Warner's Turner Broadcasting System & hellip;. PalmSource introduces a smart phone operating system & hellip;. and more.
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General Electric Co.  and Abbott  Laboratories Inc.  said on Wednesday they had terminated  a proposed $8 billion deal for GE to buy two Abbott businesses  because they couldn&#39;t agree on final terms.
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Credit-Based Asset Servicing and Securitization LLC, an affiliate of MGIC Investment Corp.  and Radian Group Inc. , said on Friday that it planned to buy subprime mortgage lender Fieldstone Investment Corp.  for $5.53 per share.
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The firm scraps an alliance with Moxell to bring Motorola-branded plasma TVs, LCD TVs and monitors to North America and China.
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Rival mortgage insurers MGIC Investment Corp  and Radian Group Inc  scrapped their merger plan on Wednesday, the latest casualty of the turmoil in U.S. mortgage markets.
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Long distance is dead. The last of the big-three long-distance carriers, MCI Inc., yesterday agreed to a $6.7 billion takeover by Verizon Communications Inc. The move comes two weeks after AT&amp;T Corp. agreed to sell out for $16 billion to SBC Communications Inc. Meanwhile, Sprint Corp. is taking a hard turn into a chiefly wireless future through a planned $36 ...
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Oracle expects to close its $10.3 billion acquisition of PeopleSoft on Friday and said it is moving quickly to merge the two companies' operations.
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Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. pledged on Tuesday to work with regulators to close their proposed $4.9 billion merger by year's end, seeking to calm concerns that U.S. antitrust authorities would block the deal.