It took Mitsubishi UFJ nearly four months to get UnionBanCal to accept its takeover bid.
That it took so long for Japan’s Mitsubishi UFJ to clinch the deal is at first blush surprising. Mitsubishi UFJ owns 65 percent of UnionBanCal. And UnionBanCal is based in California, the epicenter of the housing market, which has weakened many […]
Posted on August 18th, 2008 by
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Maybe it’s just the August doldrums, but everyone’s favorite tech company seems to be getting hit with a lawsuit lately. Last week it was a class action suit against Facebook dating back to last year’s Beacon debacle; today it’s Google. …
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Longs Drug Stores Corp recommended that its shareholders accept a $2.54 billion, or $71.50 per share, takeover offer from CVS Caremark Corp after holding unsuccessful merger talks with Walgreen Co.
In an SEC filing, Longs said it had held talks with an unnamed suitor that had offered $70 per share, but negotiations faltered over concerns […]
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A nation’s economy is suffering from a weak currency, high fuel costs and an overly indebted consumer, which is rapidly loosing confidence as job growth stalls. Sound familiar?Yes, South Korea is battling many of the same ills as America, made worse by it
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From Silicon Alley Insider, August 18, 2008:Will new gadgets be able to use airspace between digital TV channels — “white spaces,” or “wi-fi on steroids,” as Google has dubbed it — for Internet access? We’ll know more next month, whe
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The American Internet giants have come under fire for doing business in China, where the Web is still censored and dissidents are often tossed in jail for what they say online. Should Google and Yahoo simply boycott China? Or should they work with the sys
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The Korean War ended 55 years ago but North and South Korea remain technically at war and tensions on the peninsula are high again in the wake of the recent shooting death of a South Korean tourist near the DMZ. So I was surprised to find most South Korea
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Interviewing a sitting head of state is a major coup for any journalist and I was certainly honored to get the opportunity to interview South Korean President Myung-bak Lee last week. The event was even more meaningful to me personally because my father i
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