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Thermo Fisher To Buy Life Tech For $13.6 Billion
Thermo Fisher Scientific Inc. on Monday agreed to buy Life Technologies Corp for $13.6 billion in a deal that would make it one of the top two companies in the hot field of genetic testing. The pact values Life Tech at $76 per share, a 12 percent...Tags: Food Industry, Finance, The Carlyle Group, Roche Holding AG, Emerging Market
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Taxpayers failing to get their fair share of wireless gold rush
Satellite TV provider Dish Network says it's thinking only of customers as it offers $25.5 billion to buy Sprint Nextel, the third-biggest U.S. wireless company. "A transformative Dish/Sprint merger will create the only company that can offer...Tags: Freedom of the Press, Federal Communications Commission, Sprint Nextel Corporation, Marketing, Verizon Wireless
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Exelon donations in Maryland made as agreed
In the year since Exelon Corp. acquired Baltimore's Constellation Energy Group, the company has donated more than $300,000 to first-responders in the region. It is handing out thousands of free trees to Baltimore Gas and Electric Co. customers. It is...
Tags: Civil and Public Service, Environmental Issues, Harbor, Personal Income, Charity
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Sinclair will acquire Fisher Communications for $373.3 million
Sinclair Broadcast Group Inc.'s shopping spree continued Thursday with the announcement of a $373.3 million deal that extends its television reach to a third of U.S. viewing households. Sinclair will gain 20 additional stations in eight markets by...
Tags: Radio Industry, Television Stations, Loans, Federal Communications Commission, ABC (tv network)
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EDAC Shareholders Claim Management Rushing Sale That Undervalues Company
The Hartford CourantA group of EDAC Technologies Corp. shareholders are claiming that company's board is underselling the company. In a handful of lawsuits — filed both in Wisconsin, where the company is incorporated, and in Connecticut, where the firm has its...Tags: Trials, Finance, United Technologies Corporation, Shareholders, Edac Technologies Corporation
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Analysts: Disney layoffs tied to Lucasfilm, Marvel acquisitions
Walt Disney Co. has begun the process of laying off about 150 people who work at the company’s movie studio. Analysts said that the layoffs, which were confirmed by the Burbank-based company Wednesday, are probably related to redundancies...
Tags: The Lone Ranger (movie), Gaming Industry, The Walt Disney Co., Pixar Animation, Monsters University (movie)
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Shake-up on Hewlett-Packard board
Three members of Hewlett-Packard Co.'s troubled board of directors, including its chairman, will quit their posts after barely being reelected two weeks ago. The shake-up follows widespread criticism that HP botched an $11-billion acquisition of British...Tags: Business Enterprises, Annual and Special Corporate Meetings, Parties and Movements, Sex Crimes, Shareholders
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EDAC Suitor Argues That Aerospace Acquisition Improves Deal
The Hartford CourantAs Farmington's EDAC Technologies Corp. considers competing buyout offers from two New York equity firms, one of those firms is arguing that its acquisition of an aerospace company makes it more attractive to the Connecticut precision manufacturer. On...Tags: Farmington (Hartford, Connecticut), Economy, Business and Finance, Companies and Corporations, Edac Technologies Corporation, Interior Policy
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Former owners of Windber-based Kuchera to plead guilty
Associated PressPITTSBURGH (AP) — Two brothers who owned a Windber-based defense contracting business that benefited from earmarks obtained by the late U.S. Rep. John Murtha will plead guilty to charging the military $650,000 for parts that were never delivered and...Tags: Long Island, Trials, Corporate Crime, Bribery, Prosecution
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Former Constellation CEO Shattuck retires from Exelon — but remains on its board
Mayo A. Shattuck III, who coordinated the sale of two Baltimore institutions to out-of-state concerns and ran the region's power company for a volatile decade, has retired from the parent of Baltimore Gas and Electric Co. Chicago-based Exelon Corp. didn'...
Tags: Mayo A. Shattuck III, Investments, Sales, Energy, Morningstar Incorporated
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Board Pulls Back On Pay For UTC Chief Who Made $19.5M Last Year
The Hartford CourantLouis R. Chenevert, chairman and chief executive of United Technologies Corp., made $19.5 million in 2012, a period when he led the company through a broad restructuring and closed on its acquisition of Goodrich Corp. Almost two-thirds of Chenevert's...Tags: CEO Pay, Economy, Business and Finance, Finance, United Technologies Corporation, Companies and Corporations
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HP defends board in wake of shareholder uprising
The heat has been building on Hewlett-Packard's board as the company prepares for its annual meeting next week, with several major shareholders calling for a protest vote against some directors. In a securities filing on Monday, HP struck back against...
Tags: New York City, Elections, Economy, Business and Finance, Finance, Annual and Special Corporate Meetings
Apr 16, 2013
|Story| Hartford Courant
Apr 16, 2013
|Column| Los Angeles Times
Apr 12, 2013
|Story| Baltimore Sun
Apr 11, 2013
|Story| Baltimore Sun
Apr 11, 2013
|Story| Hartford Courant
Apr 10, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Story| Hartford Courant
Mar 27, 2013
|Story| Daily American
Mar 15, 2013
|Story| Baltimore Sun
Mar 15, 2013
|Story| Hartford Courant
Mar 11, 2013
|Story| Los Angeles Times
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