Word: acquirees
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Debt-laden Greek companies, with nowhere to turn for further loans, may go belly up or be gobbled up. "Without cash, you're dead as a business," says Aegean's Vassilakis, whose company is in discussions for a possible merger with Olympic Air. For Basil Stephanis, president of Selonda, a...
Pratt rejected breaching confidentiality and denied any political motivation after commentators noticed that her charity's website carries endorsements from Conservative leader David Cameron - who has called for an inquiry into the Brown bullying allegations - and Conservative MP Ann Widdecombe, also listed as a patron of the helpline. The impact...
Those with healthy balance sheets, however, see a silver lining. Basil Stephanis, president of Selonda, a $167 million aquaculture company with fish farms in Greece, Turkey and Wales, says Greece's woes are "an opportunity to consolidate and buy up companies with liquidity problems." Constantine Petropoulos, chairman of Petros Petropoulos...
After getting his master's degree in computer science, Li became a consultant for IDD in 1994, then a financial-database company that was a subsidiary of Dow Jones. Even then, Li says, he was "intrigued with search," long before it became the hugely powerful, money-spinning machine that it...
Even as the tech world waits in anticipation of the expected introduction of its tablet on Wednesday, Steve Jobs and company are quietly shopping for ways to strengthen Apple's softer side - that is, its software. A hefty stock price and a growing cash reserve of $23 billion has put...