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Who knew that the greatest love triangle of the decade would involve the mobile industry's own Bella Swan, Clearwire? The network provider has accepted an $80 million loan from nailed-on suitor and sparkly vampire, Sprint, but Clear is still pondering a buyout offer from Jacob, sorry, Dish Network...

February 27th 2013 at 10:16am 0 Comments
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Business restructuring company Hilco is set to acquire HMV after reportedly taking control of the struggling British retailer's debt . According to the Financial Times, people familiar with the situation report Hilco took on the debt today, estimated three months ago to be around $279 million. If t...

January 22nd 2013 at 9:30am 0 Comments
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Disney has just announced its purchase of Lucasfilm Limited, the umbrella corporation responsible for all things Star Wars, Indiana Jones and pretty much anything else George Lucas has ever had his hand in. The purchase will set ol' Walt back $4.05 billion.Industrial Light & Magic, Skywalker So...

October 30th 2012 at 4:31pm 0 Comments
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Rumors of Sprint's $12 billion acquisition by Softbank weren't exaggerated, they were understated: according to CNBC, the Now Network will announce a $20 billion transaction with the Japanese network on Monday, granting Softbank a 70 percent stake in the company. According to people familiar with...

October 14th 2012 at 5:25pm 0 Comments
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When venture capitalist group Lauder Partners, LLC purchased and reformed OnLive back in August, it did so for $4.8 million, according to a letter to OnLive's creditors obtained by Polygon and the San Jose Mercury News. The company's blue-light special asking price was due in part to its $18.7 mill...

October 10th 2012 at 3:00pm 0 Comments
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Twitter has pretty much nailed text-based interaction, so it looks like it's time to diversify into video. According to AllThingsD, the blue birdie has snapped up a three-man outfit called Vine, a video-sharing startup intended specifically for bite-sized clips. You'd be forgiven for not knowing i...

October 10th 2012 at 9:34am 0 Comments
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After months of speculation about who would step in to save the scandal-ridden Olympus' rocky fortunes, Sony has finally opened up its checkbook. The two companies are entering into a "business and capital alliance," with Sony pumping in $650 million to its former rival. In exchange, it's gaining...

September 28th 2012 at 4:54am 0 Comments