The cash-and-stock deal calls for a $50 million initial payment and contains a variety of performance-based earn outs that could eventually make the deal worth more than $150 million.read more »
Dan Loeb's Third Point Capital joins the conga line of hedge funds that have recently dumped their Apple holdings. But the moves may have more to do with prudence than anything else.read more »
Even if the Meredith deal doesn't go through -- and it should -- Jeff Bewkes is out of the magazine business. Investors are partying like it's 2007.read more »
Best known for helping send files from one phone to another, the company adds a cloud-based service for moving files between phones and PCs.read more »
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