Post Tagged with: "Nasdaq"

Rovi to Acquire Veveo
/ February 24, 2014 1:57 pm
Rovi to Acquire Veveo

Rovi Corporation (NASDAQ: ROVI), a global leader in entertainment discovery, today announced it has entered into a definitive agreement to acquire Veveo, Inc., a provider of intuitive and personalized entertainment discovery solutions. Under the terms of the agreement, Rovi will pay approximately $62 million in net cash at the closing and up to $7 million in additional cash payments based on achievement of certain agreed-upon milestones. . Read More

Qualcomm Appoints Steve Mollenkopf as CEO
/ December 16, 2013 4:21 pm
Qualcomm Appoints Steve Mollenkopf as CEO

Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has unanimously approved a succession plan for executive management of the Company. Effective December 12, 2013, Steve Mollenkopf was promoted to Chief Executive Officer-elect of Qualcomm, and appointed to its Board of Directors. Read More

Website Builder Wix Raises $127 Million in IPO
/ November 7, 2013 5:06 pm
Website Builder Wix Raises $127 Million in IPO

VentureBeat reports that the online website builder Wix has raised $127 million through an IPO. The stock of this Tel Aviv-based firm, which debuted on the NASDAQ today, reached $17.50 before closing at $16.46. “It feels amazing. It’s a great day for Wix and I’m so grateful for our amazing team and the hard work that’s led to this day,” said Avishai Abraham, CEO and co-founder of the company. . Read More

Logitech Announces Conclusion of $250 Million Share Buyback Program
/ August 12, 2013 1:40 pm
Logitech Announces Conclusion of $250 Million Share Buyback Program

Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that on August 9, 2013, the Company’s $250 million share buyback program, initiated in August 2010, ended. Under the program, Logitech repurchased a total of 26,109,412 shares (13.63 percent of the initial share capital). Logitech is a world leader in products that connect people to digital experiences. . Read More

Activision Blizzard Purchases Shares from Vivendi
/ July 26, 2013 11:38 am
Activision Blizzard Purchases Shares from Vivendi

Activision Blizzard, Inc. (Nasdaq: ATVI) (the “Company”), a global leader in interactive entertainment, announced today that it reached an agreement under which it will acquire from Vivendi (Euronext Paris: VIV) approximately 429 million Company shares and certain tax attributes, in exchange for approximately $5.83 billion in cash, or $13.60 per share acquired before taking into account the future benefit from these tax attributes. Read More

Reuters: Nasdaq Agrees to Pay $10 Million to Settle Cases Arising from Facebook IPO
/ May 30, 2013 10:59 am
Reuters: Nasdaq Agrees to Pay $10 Million to Settle Cases Arising from Facebook IPO

Reuters reports that Nasdaq has agreed to pay $10 million to resolve civil charges arising from errors made during Facebook's IPO last year, U.S. securities regulators said. This is the biggest penalty ever imposed against a stock exchange. During the administrative proceedings against the stock exchange, the U.S. Securities and Exchange Commission said that Nasdaq's regrettable decisions on the day of the IPO resulted in a number of regulatory violations. . Read More

Sprint Forms Special Committee of Independent Directors to Assess DISH’s Offer
/ April 22, 2013 12:45 pm
Sprint Forms Special Committee of Independent Directors to Assess DISH’s Offer

Sprint Nextel has announced that its Board of Directors has formed a Special Committee of independent directors to examine and carefully evaluate the proposal received from DISH with its financial and legal advisors. Read More

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