New York Post

Carl Icahn's quest for taking Federal-Mogul Holdings Corp (NASDAQ: FDML) remains a pipe dream. At least that is what the third successive extension of the deadline for the expiry of tender offer is suggesting. The Offer And Deadline Extensions Most recently, on November 15, Icahn Enterprises LP (...

The battle of billionaires to take control of auto parts retailer Federal-Mogul Holdings Corp (NASDAQ: FDML) is heating up. It remains to be seen which of the billionaires can sway it his way. With the 12 a.m. ET, November 14 deadline for the expiration of the tender offer to acquire all shares...

McDonald's Corporation (NYSE: MCD) has been looking to sell part or all of its operations in Asia to a strategic buyer who can bring local expertise and knowledge of the unique markets. McDonald's entered into discussions with private equity firms to buy 2,800 of its restaurants in North Asia on...

Allen & Co, a boutique investment bank firm with a focus on media and entertainment companies, hosts an annual shindig for the "who's who" of the industry. Last year's event at Idaho's Sun Valley Resort attracted more than 300 executives in the media, finance, politics and technology spaces....

Starz (NASDAQ: STRZA) and Lions Gate Entertainment Corp. (USA) (NYSE: LGF) were heavily rumored to merge, but the recent Brexit voting outcome will likely prevent that from happening. According to the New York Post, one of the banks involved in the deal withdrew from the process after the British...

New York Post's James Covert reported on Twitter Inc (NYSE: TWTR)'s meeting with Yahoo! Inc. (NASDAQ: YHOO) that took place several weeks ago. The meeting was initially to explore merger opportunities between the two companies. "Jack Dorsey's struggling social network met with...

A new CEO change may be coming to Viacom, Inc. (NASDAQ: VIAB), according to the New York Post. Sumner Redstone, the ailing 92-year whose family controls 80 percent of Viacom's Class A voting shares, recently removed the company's CEO Philippe Dauman and George Abrams, a Viacom board member, from...

According to a report by the New York Post, Facebook Inc (NASDAQ: FB) is working on a potential service to compete against Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s YouTube platform. The New York Post suggested that Facebook is "searching for fresh ways to work with the music industry," and...

J C Penney Company Inc (NYSE: JCP) shares are poised to finish the week down more than 10 percent after the company announced it will be taking a series of drastic measures to help protect the struggling companies bottom line. The New York Post reported that JCPenney has slashed payroll, frozen...

Shares of J C Penney Company Inc (NYSE: JCP) tumbled more than 7 percent early Friday morning after the New York Post reported that the retailer has been forced to take "emergency measures" to "stay afloat." The New York Post, citing an internal memo it obtained, said JCPenney saw "unexpected light...

The New York Post reported Wednesday evening that Verizon Communications Inc. (NYSE: VZ) is "one step closer" to acquiring Yahoo! Inc. (NASDAQ: YHOO)'s Internet properties. The New York Post, citing its sources, noted that Yahoo's recent agreement with activist investor and major shareholder...

According to a report by Bloomberg, Yahoo! Inc. (NASDAQ: YHOO) is likely talking with just three players to sell its Internet assets. Bloomberg, citing "people familiar with the matter," stated that Verizon Communications Inc. (NYSE: VZ) is battling with the private equity firm TPG and the digital...

The New York Post reported late Wednesday evening Verizon Communications Inc. (NYSE: VZ) is now considered the front-runner to acquire Yahoo! Inc. (NASDAQ: YHOO)'s internet properties, but a deal isn't guaranteed just yet. The New York Post stated Verizon's "simple cash deal...