Perot Systems
Article Index
Flurry of Mergers and Acquisitions Drives Stock Market Rally
A flurry of mergers-and-acquisition deals in the pharmaceutical and technology industries today (Monday) sparked a sharp market rally, snapping a three-day losing streak and giving stocks to their biggest gains in five weeks. The pickup in merger activity bolstered arguments that mergers and acquisitions (M&A) are rebounding from the biggest slump in six years. It […]
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Australia Blocks Another China Majority Stake; Avtovaz Cutting 27,600 Jobs; WSJ: Citigroup Focusing on Six Metros; Experimental HIV Vaccine Raising Eyebrows; Nintendo Knocks $50 Off Wii; SEC Charging Insider Trading […]
Dell Looks to Services in Perot Acquisition to Pick Up Slack for Slow PC Sales
Dell Inc.'s (Nasdaq: DELL) agreement to buy information technology service provider Perot Systems Corp. (NYSE: PER) yesterday (Monday) signals a sign of the times as computer makers branch out from their core businesses into the lucrative services sector. The acquisition, which is valued at $3.9 billion, or $30 per share, represents a 68% premium to […]
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