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Day: June 13, 2013

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Conyers advises Yahoo! Inc. in US$7.6 billion share repurchase

Alibaba Group Holding Ltd., China’s largest e-commerce provider, agreed to repurchase a 20 percent stake from U.S. Web portal Yahoo! Inc. for a minimum of US$7.1 billion ahead of a potential initial public offering. David Lamb, an M&A partner based…

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America’s 50 worst charities rake in nearly $1 billion for corporate fundraisers

By Kris Hundley and Kendall Taggart, Tampa Bay Times/CIR special report The worst charity in America operates from a metal warehouse behind a gas station in Holiday. Every year, Kids Wish Network raises millions of dollars in donations in the…

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Cayman Islands committed to building cruise terminal, says Minister

By Brian Major From Travel Pulse The Cayman Islands will build a long-awaited cruise ship terminal in George Town and redevelop the island’s airport within the next several years, said tourism minister Moses Kirkconnell in a briefing with local press…