Alliance Data Drops Suit to Force Deal
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Under the dealâs terms, Blackstone must pay a $170 million breakup fee if certain conditions occur, like a severe decline in Alliance Dataâs financial health.
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Microsoft has been dropped from a $3.6m contract in China because the government broke strict procurement rules, designed to give national firms an edge in securing software deals.
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Microsoft has dropped two outstanding appeals of European antitrust rulings, following the deal struck with the European Commission at the beginning of this week, the company said in a statement Wednesday.
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Australian flag-carrier Qantas said it was disappointed a proposed alliance with Air New Zealand had been rejected by New Zealand's High Court but ruled out appealing the decision.
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A planned tie-up between Australia&#39;s Qantas and Air New Zealand has been thrown out by New Zealand&#39;s High Court. The decision ends a two-year effort by the airlines to fight off low-cost carriers by combining forces.
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Ace Ltd. will stop paying brokers for steering business its way, becoming the third company to make concessions in the five days since New York Attorney General Eliot Spitzer unveiled a probe of the insurance industry.
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Business & money: Alliance & Leicester forced to withdraw one-year savings bond paying 7% after it sold out in five days
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Resolution drops its support for a Â£4.9bn offer from Standard Life after rival Pearl buys a quarter of its shares.
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The data aggregator said that it has reached a deal to settle a class-action suit filed by shareholders over the massive data breach the company disclosed in early 2005.
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THE defence of Gold Fields against a hostile $8.1 billion (Â£4.3 billion) bid from Harmony Gold Mining, its smaller South African rival, was dealt a further blow last night when a US court threw out its legal challenge to the takeover.
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A deal for Bain Capital Partners and China's Huawei Technologies to buy 3Com is on hold because the companies w...
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New Zealand&#39;s High Court on Monday rejected as uncompetitive a proposed alliance between the country&#39;s flag carrier and Australian rival Qantas in a deal that Air New Zealand had claimed was critical to its long-term survival.
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Airbus EAD.PA has withdrawn a filing  which gave support for Microsoft MSFT.O in an antitrust case  before the European Union's Court of First Instance, a source  close to the situation said on Friday.
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British drugs wholesaler and retailer  Alliance Boots Plc  said on Monday it had rejected an  approach worth 9.7 billion pounds ($18.8 billion) from private  equity firm Kohlberg Kravis and Roberts .
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A consortium led by British insurer Prudential PLC has dropped its bid for a major South Korean state asset managing company, officials said.
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Microsoft Corp. said Wednesday it has withdrawn the two remaining legal challenges to an EU antitrust order that it now says it will obey.
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New Zealand's High Court halts attempts by Qantas and Air New Zealand to work together against low-cost carriers.