Posts Tagged ‘purchase’

AT&T bolsters mobile Internet service with purchase of NextWave Wireless Inc.

Telecommunications company AT&T acquired NextWave Wireless Inc. for $ 600 million in cash. The deal expects AT&T to improve its mobile Internet service. The amount reached $ 600 million because AT&T also took on NextWave’s debt of $ 550 million. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Google buys app maker Quickoffice

Late Tuesday, taking a direct shot at competitor Microsoft, Google announce the purchase of Quickoffice, the maker of a widely used mobile application for working on documents created in Microsoft’s programs for word processing, spreadsheets and presentations Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Las Vegas nightclub operator Light Group sold

Morgans Hotel Group Co. of New York, a former manager of and investor in the Hard Rock Las Vegas hotel-casino, is returning to the city with the purchase of a controlling interest in restaurant and nightclub operator the Light Group. View full post on Business Stories

CEP union asks for Postmedia deal review

The Communications, Energy and Paperworkers Union of Canada has asked the federal government to review retroactively last year’s purchase of the former Canwest newspapers under the Investment Canada Act. View full post on Canada Business Stories