Saturday, November 12, 2005

Acquisition - NRG and Texas Genco - Antitrust waiting period terminated

NRG and Texas Genco announced recently that FTC has granted the termination of the antitrust waiting period under the Hart-Scott-Rodino Act for the proposed by NRG of Texas Genco LLC.

Mergers Blog: NRG and Texas Genco Acquisition
Mergers on Business Articles: Acquisition of NRG and Texas Genco

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Tuesday, November 08, 2005

Mergers and Acquisitions Update - WDIG acquires LivingMobile.net - BestBuy joins forces with CDBaby

Walt Disney Internet Group, WDIG, announced recently its acquisition of LivingMobile.net. By acquiring Living Mobile, WDIG plans to strengthen its mobile content operations. In a press release announcing the acquisition, Mark Handler, Executive Vice President and Managing Director of WDIG, International. said:
"Purchasing is a key part of that commitment. They have proven track record in mobile game publishing and world-class talent in this new and highly competitive game category, and their strong, existing library makes us a serious competitor in games."

Good news for music lovers. BestBuy is joining forces with CDBaby to create the largest catalog of indie music online. Gary Arnold, Senior Vice President of Entertainment for Best Buy said,
"Best Buy believes the future of music depends on consumers exploring new music and connecting with new artists".
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