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Highlights: June 13 - June 18, 2015

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Staff writer ▼ | June 20, 2016
The summary of the last week's key headlines and the most interesting stories.
Highlights of the week
WEEK AT A GLANCE  
Microsoft to acquire LinkedIn in $26.2 billion deal

LinkedInMicrosoft will acquire LinkedIn Corporation for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash....

Indra wins contract in Chile for 2.8 million euros

TransantiagoTransantiago, the integrated public transportation system introduced in the capital of Chile, has awarded Indra a contract worth 2.8 million euros....

Nokia, China Mobile enter 1.36 billion euros agreement

NokiaNokia and China Mobile have signed a one-year frame agreement, valued at up to 1.36 billion euros, to help the Chinese mobile operator transition to a flexible cloud network infrastructure....

TransCanada, IEnova win $2.1bn natural gas pipeline bid in Mexico

TransCanadaTransCanada and a joint venture partner IEnova have won a contract to build, own and operate a $2.1-billion US natural gas pipeline in Mexico....

NXP Semi agrees to sell chip unit for $2.75 billion

NXP SemiconductorsNXP Semiconductors will divest its Standard Products business to a consortium of financial investors consisting of Beijing Jianguang Asset Management and Wise Road Capital....

Castle Brands net sales increased 25.7%

Castle BrandsCastle Brands reported financial results for the quarter and year ended March 31, 2016. Net sales increased 25.7% to $72.2 million for fiscal 2016, as compared to $57.5 million in the prior fiscal year....

Cavium to buy QLogic in $1.36 billion deal

QLogicCavium, a provider of semiconductor products, will acquire all of the outstanding QLogic common stock for approximately $15.50 per share, comprised of $11.00 per share in cash and 0.098 of a share of Cavium common stock for each share of QLogic common stock....

Motorcar Parts of America saw record sales

Motorcar PartsMotorcar Parts of America reported results for its fiscal 2016 fourth quarter and year ended March 31, 2016 reflecting record sales for a fourth quarter and year, supported by strong growth across all product categories....

Software industry has $1 trillion economic impact in U.S.

ProgrammingA new report shows that the overall impact of the software industry is roughly $1 trillion....

Revlon to buy Elizabeth Arden in $870 million deal

Elizabeth ArdenRevlon will acquire all of the outstanding shares of Elizabeth Arden for $14 per share in cash, representing an enterprise value for Elizabeth Arden of approximately $870 million....

HSBC to pay $1.575 billion to settle old case

HSBC FinanceHSBC Finance Corporation announced a resolution to a 14-year shareholder class action based on events that took place prior to HSBC’s acquisition of Household International Inc. in 2003....

Ctrip Q1 total revenues jumped 80%

CtripCtrip.com International announced its unaudited financial results for the first quarter ended March 31, 2016....

Land O’Lakes to acquire Ceres in cash tender offer

Land O’ LakesLand O’ Lakes will acquire all of the outstanding capital stock of the biotech company Ceres in a transaction valued at approximately $17.2 million including amounts payable to holders of certain warrants to acquire Ceres common stock....


 

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