Shortly after completing the acquisition, Lewis fired Merrill's top executive John Thain for, among other things, paying out $3.
Since the acquisition, Moody's, the investment ratings agency, has twice downgraded Tata Motors' debt rating, which now stands at non-investment grade.
Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community.
Daily Report: Google Acquisition of Waze May Draw More U.S. Attention Google’s motto is “don’t be evil.” But its recent acquisition of Waze, reportedly for $1 billion in cash, shows that just because you’re not evil, it doesn’t mean you can’t be aggressive in pushing the boundaries of the law, Steven M. Davidoff writes in a Deal Professor column in The New York Times.
June 19, 2013 - New York Times
Steve Ballmer in BBC News In his letter to Mr Yang, which has been posted on the Microsoft website, Mr Ballmer said: "We continue to believe that our proposed acquisition made sense for Microsoft, Yahoo and the market as a whole. Despite our best efforts, including raising...