Networking vendor 3Com will chase private-equity firm Bain Capital Partners for a $66m (£33m) merger break-up fee after its proposed suitor pulled the plug on their merger deal late last week citing ...
Approving the failed deal allows 3Com to aggressively pursue a $66 million termination fee since Bain backed out of the buyout agreement that would've made 3Com a wholly owned company of the ...
The future of 3Com Corp. remains unsettled since Bain Capital LLC and Huawei Technologies Co. last week withdrew a joint filing for a deal to purchase the company that was being considered by a U.S.
3Com Corp. shareholders overwhelmingly approved a merger offer on Friday that had been canceled the day before. The vote appeared to be aimed at ensuring that 3Com could get a $66 million breakup fee ...
3Com shareholders overwhelmingly approved a merger offer on Friday that had been cancelled the day before. The vote appeared to be designed to ensure 3Com could get a $66 million breakup fee as ...
The proposed merger between networking company 3Com, private-equity firm Bain Capital and Chinese networking provider Huawei is off, for now. In a statement on its website, 3Com said that the joint ...
The groups said they will continue merger discussions and the withdrawal doesn't mean the buy-out has gone bust. VARs, however, were surprised by the withdrawal and wonder if this is the latest in a ...
Networking pioneer 3Com Corp. will merge two business units, likely leading to more job cuts, representatives of the Santa Clara company said Thursday. 3Com will fold its Business Connectivity Co., ...
Boston-based Bain Capital Partners LLC and China’s Huawei Technologies have put their proposed $2.2 billion purchase of Marlborough-based 3Com Corp. on hold. According to 3Com, the three parties will ...
Marlborough-based 3Com Corp. reported a third quarter net loss of $7.8 million compared to a net loss of $4.8 million for the same period a year ago. The company’s third quarter ended Feb. 29. The ...
The ongoing merger of and U.S. Robotics will result in three self-contained business units, according to 3Com: a enterprise systems unit, a carrier systems unit, and a client access unit. In other ...
In part one of his 2009 year in review, the Deal Professor examines the general trends of what he predicts will be a flatter deal-making landscape for some time to come. By Steven Davidoff Solomon ...
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