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Tag Archives: shares

Big shareholder supports alternative deal for Dell

SAN FRANCISCO — Dell’s largest independent shareholder is leaning toward supporting one of the two bidders trying to scuttle the slumping personal computer maker’s proposed $24.4 billion sale to a group including CEO Michael Dell. Southeastern Asset Management expressed its ...

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Tempur-Pedic buying Sealy for about $228.6M

NEW YORK — Mattress rivals Tempur-Pedic and Sealy are becoming bedfellows. Tempur-Pedic, the 20-year-old leader in foam mattresses, is buying more-than-a century-old rival Sealy for about $228.6 million in cash. The acquisition comes as competition has increased in the mattress ...

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Best Buy 2Q profit drops 90 pct, misses estimates

NEW YORK — The news just keeps getting worse at Best Buy each day. To top off an already eventful several days for the nation’s largest consumer electronics retailer, Best Buy Co. withdrew its full-year earnings guidance Tuesday after reporting ...

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Facebook insiders can sell stock as ‘lock-up’ ends

MENLO PARK, Calif. — Facebook’s early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that ...

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