Yahoo! (NASDAQ:YHOO): Current price $26.34
Yahoo quickly follows up its acquisition of the iOS photo app maker GhostBird Software, by snapping up the six-year-old free conference calling service Rondee, for an unreported amount. The latter’s website now reads that after June 30, users will no longer be permitted access to their data or create new conference calls. Beyond that, the startup will continue its shut down from that point, officially ceasing operations on July 12, prior to ultimately cutting off user access to their calling data on July 30, according to an email to its customers Thursday.
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DIRECTV (NASDAQ:DTV): Current price $60.86
Knowledgeble sources to PandoDaily say of the ongoing Hulu acquisition talks that a deal is imminent and that DIRECTV will likely prevail, and that the acquisition price will have a “B” in it. Hulu’s owners have been openly searching out a suitor for the premium streaming video-on-demand platform, and during the past several months reports have emerged telling of offers from DirecTV, KKR, Time Warner Cable, Yahoo!, Guggenheim Digital, The Chernin Group in partnership with AT&T, and Silverlake Partners in partnership with William Morris Endeavor Entertainment. If that is not sufficiently complex, the company is also being advised by Guggenheim Partners, which is a sister company to Guggenheim Digital.
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Life Technologies Corporation (NASDAQ:LIFE): Current price $74.21
On Thursday, Life Technologies said that it will purchase the instrument distributor Life Science Korea, based in Seoul. The latter has been Life Technologies’ primary instrument distributor since 1994, and it holds distribution rights to Applied Biosystems products, such as Sanger sequencing systems, next-generation sequencing instruments, forensics, and PCR products.
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Royal Bank of Canada (NYSE:RY): Current price $59.67
Royal Bank of Canada’s Chief Financial Office Janice Fukakusa reported at the Morgan Stanley U.S. Financials Conference in New York that the company could make wealth management purchases valued as much as $5 billion, explaining that the bank expects to add capacity in asset management on the equity side, “given where the fixed-income cycle is. We’re not betting the bank, so they would be bite-sized (deals). I would say maybe it’s $1 (billion) to $3-$5 billion.”
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