International Business News - Sale http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif BCE Inc, Canada's largest telecommunications company, said Friday it has agreed on terms of a $35 billion sale to a group led by the Ontario Teachers' Pension Plan in the biggest leveraged buyout ever. The deal is expected to be completed by mid-December. http://www.ibtimes.com/articles/20080705/canadian-telecom-bce-suitor-agree-on-terms.htm Sat, 05 Jul 2008 04:22:04 EDT BCE Inc, Canada's largest telecommunications company, said Friday it has agreed on terms of a $35 billion sale to a group led by the Ontario Teachers' Pension Plan in the biggest leveraged buyout ever. The deal is expected to be completed by mid-December. http://www.ibtimes.com/articles/20080704/canadian-telecom-bce-suitor-agree-on-terms.htm Fri, 04 Jul 2008 14:31:07 EDT Arlan Ettinger will never forget the response he got when he took one of civil rights pioneer Rosa Parks' hats to a meeting at the Apollo Theater in New York. http://www.ibtimes.com/data/articleimgs/86034-rosa-parks-sale.jpg http://www.ibtimes.com/articles/20080704/auction-house-seeks-to-sell-rosa-parks-collection.htm http://www.ibtimes.com/articles/20080704/auction-house-seeks-to-sell-rosa-parks-collection.htm Fri, 04 Jul 2008 19:09:22 EDT A college student claimed it was all a joke when he put his vote in this fall's presidential election up for sale on the Web auction site eBay. But prosecutors didn't see the humor. http://www.ibtimes.com/articles/20080704/minn-teen-charged-with-offering-his-vote-on-ebay.htm Fri, 04 Jul 2008 01:26:39 EDT A college student claimed it was all a joke when he put his vote in this fall's presidential election up for sale on the Web auction site eBay. But prosecutors didn't see the humor. http://www.ibtimes.com/articles/20080703/minn-teen-charged-with-offering-his-vote-on-ebay.htm Thu, 03 Jul 2008 22:59:16 EDT Exxon Mobil Corp. will book a $1.6 billion gain in its third quarter from the sale of its interests in a natural-gas transport business in northern Germany, the oil giant disclosed Thursday in a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080703/exxon-mobil-to-book-1-6b-profit-from-asset-sale.htm Thu, 03 Jul 2008 17:30:27 EDT Police say an Ocala man was selling stolen property at a yard sale in the same neighborhood as the home he robbed. Fred and Betty McAteers, who live in Ocklawaha, arrived at a home they own in Ocala on Monday to find that it had been burglarized. http://www.ibtimes.com/articles/20080702/man-sells-stolen-items-near-home-that-was-robbed.htm Wed, 02 Jul 2008 14:47:27 EDT Bond insurer MBIA Inc. said in a regulatory filing Wednesday it will record a pretax loss of $300 million tied to a previously announced sale of about $4 billion in assets. http://www.ibtimes.com/articles/20080702/mbia-to-record-loss-on-asset-sales.htm Wed, 02 Jul 2008 14:31:03 EDT MSCI Inc., an investment products and analytics provider, said Wednesday investment bank Morgan Stanley plans to sell half its stake in MSCI. Morgan Stanley, a majority shareholder, currently owns about 53 million shares of MSCI. MSCI has about 101.3 million shares outstanding. http://www.ibtimes.com/articles/20080702/morgan-stanley-to-sell-half-its-msci-shares.htm Wed, 02 Jul 2008 08:06:58 EDT Arkansas Western Gas Co. has officially changed hands, and is now owned by SourceGas LLC of Lakewood, Colo., instead of Southwestern Energy Co. of Houston. http://www.ibtimes.com/articles/20080701/arkansas-gas-company-now-owned-by-colo-firm.htm Tue, 01 Jul 2008 17:31:08 EDT Federal Signal Corp., which makes fire trucks and safety gear, said Tuesday it is selling its municipal leasing assets as part of an ongoing effort to exit the financial services industry. http://www.ibtimes.com/articles/20080701/federal-signal-selling-municipal-leasing-assets.htm Tue, 01 Jul 2008 10:26:45 EDT Diversified health care products company Johnson & Johnson said Tuesday it is considering an undisclosed buyout offer for its professional wound care business from One Equity Partners. http://www.ibtimes.com/articles/20080701/j-j-considers-buyout-offer-for-wound-care-unit.htm Tue, 01 Jul 2008 10:14:17 EDT Telecommunications equipment maker UTStarcom Inc. said Tuesday it will sell its cell-phone distribution division to AIG Investments for about $240 million. http://www.ibtimes.com/articles/20080701/utstarcom-to-sell-division-for-about-240-million.htm Tue, 01 Jul 2008 12:34:20 EDT DineEquity Inc., the operator of IHOP and Applebee's restaurants formerly known as IHOP Corp., said Tuesday it completed the sale of 26 company-operated Applebee's restaurants in Southern California in a move to help pay down debt. http://www.ibtimes.com/articles/20080701/dineequity-sells-26-applebees.htm Tue, 01 Jul 2008 07:54:47 EDT It's been a year since BCE Inc. announced a $35-billion going-private deal with an Ontario Teachers' Pension Plan-led consortium and in that time the deal has cleared every obstacle but one--financing. http://www.ibtimes.com/articles/20080630/bce-defers-the-declaration-of-dividend.htm Mon, 30 Jun 2008 18:35:47 EDT The City of Detroit is preparing to lay off potentially hundreds of workers and cut services after the City Council voted against a planned sale of the city's half of the Detroit-Windsor Tunnel. http://www.ibtimes.com/articles/20080630/detroit-city-council-votes-against-tunnel-sale.htm Mon, 30 Jun 2008 18:16:09 EDT Brandywine Realty Trust, a real estate investment trust, said Monday that it has agreed to sell five properties in Oakland, Calif., for $316.9 million, excluding debt. http://www.ibtimes.com/articles/20080630/brandywine-realty-sells-california-properties.htm Mon, 30 Jun 2008 13:19:44 EDT Spectrum Brands Inc., which makes Remington shavers and other products, said Monday its senior lenders have not yet given consent for the sale of its global pet-supply business. http://www.ibtimes.com/articles/20080630/spectrum-brands-updates-on-sale-of-pet-business.htm Mon, 30 Jun 2008 08:51:37 EDT A man who auctioned his life--his house, his car, his job, even his friends--on eBay said Monday he is disappointed with the selling price: almost $384,000. http://www.ibtimes.com/articles/20080630/life-for-sale-on-ebay-disappoints.htm Mon, 30 Jun 2008 08:11:34 EDT Del Monte will sell its seafood business, which includes the StarKist brand, to a South Korean company for $363 million as it focuses on higher margin produce and pet foods. http://www.ibtimes.com/articles/20080630/del-monte-sells-seafood-unit-to-koreas-dongwon.htm Mon, 30 Jun 2008 07:03:20 EDT