June 9, 2005

This information is provided as a service of The Deal.com

Diller, Vivendi Settle Dispute

Deals: IAC will sell its 5.4 percent stake in the entertainment company to NBC Universal for about $3.4 billion, and avoid a court battle. (Read More…)

FCC Review of Sprint-Nextel on Time

Deals: An approval looks likely before the informal August deadline. (Read More…)

U.K.’s Britannic, Resolution to Merge

Deals: The merger of the two British insurers will create a new player in the life market with a market cap of $3.3 billion. (Read More…)

Kerkorian Stalks Wounded GM

Corporate Restructuring: The corporate raider said he could not buy all 28 million shares he sought in a tender offer. (Read More…)

Creditors Want to Peddle Falcon

Bankruptcy: A hearing on the plausibility of the application is scheduled for June 22. (Read More…)

Computer Associates to Buys Niku

Deals: The Islandia, N.Y., software company will pay $350 million, or a 27 percent premium to Wednesday’s close, for the governance management company. (Read More…)

Telecom Sees Bugs in Them Hills

Corporate Restructuring: Fort Lauderdale, Fla.–based Sunair Electronics picks up Middleton Pest Control of Orlando, Fla., for $50 million. (Read More…)

Siebel Fails to Please Investors

The Corporation: Shareholders of the business software company express impatience over its seeming refusal to put itself up for sale or make changes. (Read More…)