Ballmer: Yahoo acquisition won't happen

Microsoft CEO Steve Ballmer said a Yahoo acquisition is still off the table, despite Yahoo CEO Jerry Yang's decision to step down.

Heineken loses fizz through S&N acquisition

Heineken, the giant Dutch brewer which recently bought out Scottish & Newcastle (S&N) in partnership with its rival Carlsberg, today said the £10 billion acquisition had been a drag on first half earnings despite a rising thirst among consumers for its premium brands.

Enterprise calls time on pub acquisitions

Enterprise Inns, Britain’s second biggest pub company, has called a halt to all pub acquisitions and stepped up disposals in a bid to reduce a £1 billion debt facility due for renewal in 2011.

AT&T becomes largest WiFi hotspot provider with Wayport acquisition

Section: iPhone + Communications, Carriers, iPhoneEver wonder who the largest WiFi hotspot provider is? Look no further than your favorite iPhone coverage provider, AT&T. That’s right, AT&T is dropping a whopping $275 million to buy out Wayport, an 11 year old wireless network provider that started out in hotel rooms and managed to branch its way into 10,000 McDonald’s worldwide. What does this mean for you? An AT&T spokesperson says they plan to increase their Basic plan wireless network locations to 20,000 with this acquisition. This Basic plan is free to all of the millions of AT&T subscribers. That’s you, iPhone users. As mentioned earlier, this acquisition moves AT&T to the largest WiFi hotspot provider in the world, even beating out T-Mobile. However, ArsTechnica points out that AT&T likes to give away all this WiFi. Why? With so many hotspots around the world, AT&T can use them to take the load off of their 3G network.Not only does this WiFi provide faster speeds, it is usually more reliable than a cell signal, which is a win-win situation for us, the customers. Via ArsTechnica Full Story » | Written by Josh Holat for Appletell. | Comment on this Article »

Merger and acquisition deals worth $90bn collapse as volatility makes valuations 'impossible'$

Mergers and acquisitions worth nearly $90 billion ($£51.8 billion) have collapsed since September 1 as turmoil has spread through financial markets, undermining the ability of companies to complete deals.

Reports: Chrysler, GM discuss merger, acquisition

Published reports say General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM.