Orange to buy 30-50% of Dailymotion – report
(Telecompaper) Orange will acquire 30 to 50 percent of French-headquartered international video-sharing platform Dailymotion for under EUR 75 million in cash, L’Express reports. An official announcement is expected on 25 January. The move will strengthen the finances of Dailymotion, which has reached breakeven and is the world’s second most popular service of its kind after Google’s YouTube …
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Rays acquire ex-Sox Manny Ramirez and Johnny Damon
The defending American League East champion Tampa Bay Rays signaled Friday that they are not conceding the division…
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Comerica to Acquire Sterling Bancshares
DALLAS (TheStreet) — Comerica agreed to acquire Sterling Bancshares in a deal that values Sterling at $ 10 a share, or $ 1.027 billion. Each Sterling share will be exchanged for 0.2365 a share of Comerica. The $ 10 valuation of Sterling’s shares is based on Comerica’s 15-day average closing price of $ 42.28 through Jan. 11. The acquisition price is a 30% premium to Sterling’s closing stock price …
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