• Most Popular
  • Most Shared

BTP doesn't close Image takeover, talks continue

Fri Feb 1, 2008 9:46pm EST

Stocks

   

NEW YORK, Feb 1 (Reuters) - Image Entertainment Inc. (DISK.O), a distributor of home entertainment programming, on Friday said its pending acquisition by BTP Acquisition Co did not close as scheduled, but that discussions would be extended until Feb. 5.

Stocks  |  Mergers & Acquisitions

Image said representatives of the two parties met Friday to discuss the status of the transaction and agreed to extend the outside closing date set in the merger pact. Image said it expects to determine the final status of the merger on Feb. 5. (Reporting by Joseph A. Giannone; editing by Carol Bishopric)

Stocks
Mergers & Acquisitions


More from Reuters

Exclusive: U.S. business investment showing life

CHICAGO (Reuters) - A trade group for the lenders that finance half the capital equipment investment in the United States said on Tuesday the sharp pullback in business borrowing that marked the recent downturn moderated markedly in November -- an encouraging sign companies may be growing more confident in the sustainability of the recovery.

» More Top News
Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

Technology
Soldiers look on as U.S. Secretary of Defense Robert Gates speaks to soldiers at F.O.B. Warrior in Kirkuk, Iraq December 11, 2009. REUTERS/Justin Sullivan/Pool

Are you pregnant? Sir! No, Sir!

There are some 115,000 U.S. troops in Iraq -- and one commander wants to make sure his soldiers don't multiply.  Full Article 

Politics