EBay to buy Skype for up to 4.1 billion in deal
EBay will pay at least 2.6 billion for Skype Technologies with a possible 4.1 billion value if performance targets are met over three years. Skype offers free Internet calls and a paid Skype Out service linking to landlines. Analysts say Katrina effects and harvest timing will affect corn and soybeans prices as Mississippi River activity resumes.
MENTIONED IN THIS ARTICLE
eBay Inc
Skype Technologies SA
Skype
San Jose
Calif
eBay
Douglas County
Mississippi River
New Orleans
Midwest
Terry Franci
Farm Bureau
Agriculture Department
Delta Air Lines Plans Chapter Protection in New York
Delta Air Lines, the nations third largest carrier, plans to seek bankruptcy protection in New York as soon as Wednesday. An industry consultant briefed on the plan said Delta aims to secure about 2 billion in debtor in possession financing with GE Commercial Finance and other creditors to keep the airline operating during bankruptcy amid a cumulative loss near 10 billion since January 2001.
MENTIONED IN THIS ARTICLE
Delta Air Lines Inc
New York
Delta
GE Commercial Finance
Oracle to acquire Siebel Systems for $5.85 billion
Oracle Corp. will buy Siebel Systems Inc. for about 5.85 billion, paying 10.66 per share in cash or stock. The deal ends Siebel’s effort to revive profits, yet Siebel holds 2.24 billion in cash, reducing Oracle’s net cost to 3.6 billion and strengthening Oracle against SAP AG in business software.
MENTIONED IN THIS ARTICLE
Oracle Corp
Siabel Systems Inc
SAP AG
Oracle
Siebel
Contact Us Mark Fagan Business Editor
The note provides contact details for Mark Fagan the business editor with a phone number and email address for readers seeking business news information or press inquiries.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Ljworth.com
Boeing Wichita Credit Union Expands Into Lawrence Market
Boeing Wichita Credit Union plans a Dec 1 branch opening at Westgate Shops in northwest Lawrence as its first location outside Wichita. The credit union aims to grow in northeast Kansas with four new branches in five years, leveraging a diverse KU community, local auto dealers, and regional business ties to build a growth hub in Lawrence.
MENTIONED IN THIS ARTICLE
Lawrence
Marla Marsh
Kansas Credit Union Assn
Boeing Wichita Credit Union
Westgate
Sixth St
Marisco’s
Elephant’s Trunk Children’s
Wichita
Kansas
Lion
Ellena Honda
Laird Noller Automotive
Chuck Bullock
Douglas County
Kansas University
Boeing
Retailers weigh aid effort against public image
Gulf Coast shoppers can save 15 percent at Gap Inc stores through October 31 as firms donate cash and supplies to Katrina relief. Experts warn firms must balance visible generosity with avoiding profits from disaster, seeking authentic aid while protecting brand reputation.
MENTIONED IN THIS ARTICLE
Justin Grills
Washington Post
Wal-Mart
Brookhaven
Miss
Southeast
Gulf Coast
Gap Inc
Louisiana
Alabama
Mississippi
Gap
Old Navy
Banana Republic
America
Kay Palan
Iowa State University
Yowre
Ford to Sell Hertz Car Rental Unit for 5.6 Billion
Ford Motor Co plans to divest its Hertz rental car subsidiary to a private equity group for 5.6 billion in cash as it focuses on building cars and trucks. The deal values Hertz at 15 billion including debt and awaits regulatory approval, with completion expected by year’s end.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Hertz Corp
Dearborn
Ford
Hertz
Clayton Dubilier& Rice
Carlyle Group
Merrill Lynch Global Private Equity
U.S
Evacuation box idea tested by Katrina planning
Experts urge storing key documents on disk or flash drive and giving copies to a trusted nonresiding person. California tax professional Connie Bracher recalls wildfire disruption that blocked home access and raised questions about relying on a safe deposit box.
MENTIONED IN THIS ARTICLE
Connie Bracher
California
Bracher
Calif
Also Mentioned on This Page
Software Oracle
Siebel Systems
By Mark Fagan
Miagan
Ljworld.com
Bullock
Wildeman
Los Angeles Times
John Porretto
Associated Press
Scott Adams
Hhei
Michelle Singletary Singletarym
Washpost.com
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