Freescale Debt Dampens IPO

A quartet of private-equity firms made a splash in 2006 with a $17.6 billion buyout of Freescale Semiconductor Inc. On Thursday, the four firms found the value of their trophy investment had shrunk by half.

The Problem With Those Rumors of an AMD Buyout

Rumors are rumors, but the ones that emerged yesterday that chipmaker Advanced Micro Devices is ripe for a buyout don’t take into consideration the numerous complications that stand in the way of such a deal getting done. AMD’s relationship with Intel is a big one.

China's Tencent Buys Riot Games for $400 Million

Tencent, the giant Chinese Web holding company, has bought Los Angeles-based Riot Games for about $400 million. Yet another big-dollar deal in an industry that’s seen a lot of M&A in the last year, and one of the biggest investments by a Chinese company in an American digital property.

Google Willing to Start From Scratch to Enter Daily Deals Market

Google appears to be entering the daily deals business on its own after Groupon rejected its jaw-dropping $6 billion buyout offer.

Groupon Aims to Raise $950 Million at $4.75 Billion Valuation

After snubbing a $6 billion buyout offer from Google, Groupon is raising more money. Well, of course it is.

LivingSocial CEO Has Big Plans Now that Amazon Is in His Back Pocket

Google isn’t hooking up with Groupon, but Amazon has bet $175 million on LivingSocial, Groupon’s social shopping competitor. CEO Tim O’Shaughnessy tells us what he’s going to do with the money.

AOL-Yahoo Hookup, Not So Much Right Now (But Bankers Spinning? Much!)

While a merger of AOL and Yahoo is a fervent dream of bankers looking for fees, the reality is a little more–shall we say–premature. In fact, it’s likely it was just those dealmakers, looking to gin up some activity, who are behind the latest spin-riffic article in The Wall Street Journal that reports on machinations by AOL to hire unnamed advisers to carry out all kinds of complex deals, especially related to Yahoo. Actually, it is the complexity of any of those deals that has put a lot of the takeover, buyout, merger and other scenarios on ice.

News Byte

Game Publisher Take-Two in Play?

Shares of videogame publisher Take-Two Interactive Software closed up almost 5 percent today on speculation that the impending departure of CEO Ben Feder, announced this morning, will help clear the way for buyout bids. Possible suitors for the company, which just turned in a surprisingly good quarter, include Electronic Arts, Activision Blizzard, Ubisoft and various private-equity outfits.

Report: Microsoft, Adobe Held Secret Summit on Apple and Mobile

So Microsoft CEO Steve Ballmer dropped by Adobe recently for a secret meeting with Adobe chief Shantanu Narayen, the New York Times reports. It lasted about an hour and covered a number of topics, among them how to better compete against Apple in the smartphone market and a possible acquisition of Adobe by Microsoft.

Dell Has Three Days to Top HP’s 3Par Bid

Dell’s been given a deadline to top Hewlett-Packard’s $1.6 billion offer for 3Par, the storage vendor it announced plans to acquire last week: Three days from the endorsement of HP’s bid, which seems increasingly likely.

New York Times to Sack 100 Staffers