Mon Sep 29, 2014/Reuters Lenovo Group Ltd (0992.HK) will close its acquisition of International Business Machines Corp’s (IBM) (IBM.N) x86 server division on Oct 1 for $2.1 billion, giving the Chinese tech firm the firepower to win business clients from U.S. rivals. The closing purchase price is lower than the […]
Capital Market
Goldman Sachs Said to Prohibit Bankers From Buying Stocks
Sept 26, 2014/Bloomberg Goldman Sachs Group Inc. (GS), the top adviser on corporate takeovers, is changing a policy addressing conflicts of interest to bar investment bankers from trading individual stocks and bonds, a person with direct knowledge of the matter said. Employees at the New York-based firm were notified yesterday […]
Activist investor buys stake in Yahoo, urges AOL merger
Fri Sep 26, 2014/Reuters Activist investor Starboard Value LP said on Friday it has acquired a “significant” stake in Yahoo Inc YHOO.O and urged the Internet company to explore a merger with AOL Inc AOL.N. Starboard, the second activist investor to target Yahoo in the last three years, also said […]

