Investor to oppose Instructure’s plans to sell to Thoma Bravo

BOSTON (Reuters) – Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company’s plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. Rivulet Capital, which owns 5.23% of Instructure, Continue Reading

Ericsson to pay over $1 billion to resolve U.S. corruption probes

WASHINGTON (Reuters) – Swedish mobile telecoms company Ericsson (ERICb.ST) has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday. FILE PHOTO: An Ericsson logo is pictured at Mobile World Congress (MWC) in Shanghai, China Continue Reading

Wall St. set to fall at open as Trump signals delay in China trade deal

(Reuters) – U.S. stocks were set to drop at the open on Tuesday after comments from President Donald Trump sparked fears of a delay in resolving a bruising tariff dispute with China until after the presidential election in November 2020. FILE PHOTO: Traders work on the floor at the New Continue Reading

U.S. stock funds see fourth straight week of outflows: Lipper

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 27, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according Continue Reading

Mediaset, Vivendi head to court after talks to end three-year dispute fail

MILAN/PARIS (Reuters) – Italian broadcaster Mediaset (MS.MI) and French media group Vivendi (VIV.PA) headed to court on Friday after overnight talks to end their three-year legal dispute failed to reach an agreement, sources close to the matter said. FILE PHOTO: The Vivendi logo is pictured in Paris, March 10, 2016. Continue Reading