Acquisition | featured news

The Wall Street Journal reported Monday that Twitter is in talks to buy TweetDeck, the popular Web and mobile app generally associated with Twitter power users.

Real estate listings and search site Zillow has acquired Postlets, a online real estate listing creation and distribution platform. Terms of the deal were not disclosed.

Level 3 Communications Inc. said Monday it will acquire another top long-distance Internet carrier, Global Crossing Ltd., in an all-stock transaction valued at about $2 billion. Both companies operate vast networks of optical fiber. Combined, they would reach 70 countries on three continents.

The parent company of the New York Stock Exchange said Sunday that it rejected an $11.3-billion bid from Nasdaq and IntercontinentalExchange to buy the company.

The Justice Department has cleared, with conditions, Google’s $700 million purchase of ITA.

Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, a move that could see the second-largest U.S. satellite TV provider tapping the movie rental chain's online content to strengthen its offerings.

Diamond Foods Inc. is buying Procter & Gamble Co.'s Pringles chips business in a deal valued at $1.5 billion....

Vivendi announced on Sunday that it has taken full control of SFR, the big French cellphone service provider, by buying Vodafone’s 44 percent stake in the company for $11.3 billion in cash.

EBay Inc., owner of the largest e- commerce market, agreed to buy GSI Commerce Inc. for about $2.4 billion to add interactive marketing services.

Looking at AT&T and its planned acquisition, it’s fair to suggest that it could not attract the financing necessary to complete the purchase if its plan was to raise prices. Not only would such a move be unrealistic given the existence of Verizon and other smaller competitors, it would also be self-defeating for high prices signaling to those outside the mobile-phone space a potentially profitable competitive opportunity.