Private equity group CVC Capital Partners has bid just under £2bn for a 30% stake in Royal Mail, according to a report. More: continued here
Read More »Equity Group Posts £2bn Royal Mail Bid (SkyNews via Yahoo! UK & Ireland News)
The offer is below the Government’s original target in its controversial plans to sell off part of the postal service. More: continued here
Read More »Wall St. Journal interviews AuctionWally and Jack Sheng about eBay – Examiner.com
Examiner.com Wall St. Journal interviews AuctionWally and Jack Sheng about eBayExaminer.comRemember when eBay was primarily a place where you could find a rare antiques & collectible treasures right along with someone offering to sell their liver? Now eBay is looking to trade that image for that of the online Costco. …
Read More »CVC bids £2 bln for Royal Mail stake (Reuters via Yahoo! UK & Ireland News)
Private equity group CVC Partners has offered to pay just under 2 billion pounds for a 30 percent stake in state-owned postal group Royal Mail, the Sunday Telegraph reported. More: continued here
Read More »Costco to test use of food stamps in two NY stores – Seattle Times
OregonLive.com Costco to test use of food stamps in two NY storesSeattle Times, United StatesCostco Wholesale will begin accepting food stamps in two of its stores in New York City this summer as part of a test that could be expanded… By Melissa Allison Costco Wholesale will begin accepting food stamps …
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Mariner's system links GreenwichDanbury News Times, CTOne was addressed to Cathy Burch's parents in Connecticut and dropped at a post office on San Cristobal Island bearing $1.60 in postage. Another had no stamp, was sealed in a plastic bag and placed in a wooden barrel planted in the sand near the …
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Telegraph.co.uk Post Office profits hit £321m as cost-cutting bitesFirst Post, UKBy Ed Smith Earnings at the Royal Mail have responded to the group's wholesale job cuts and post office closures, with a doubling in profits to £321m. It made £9.5bn in revenue last year, helped by a move into profit of …
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Police seek relative after theft of rings, stampsBuffalo News, United StatesNIAGARA FALLS—About $5000 worth of jewelry and rare stamps have been stolen from an Ely Avenue home, and the victim's nephew is being considered a potential suspect, city police said. The rings, each 18-carat gold with gemstones, were taken sometime …
Read More »EBay find leads to treasure of friendship – The Huntsville Times – al.com
EBay find leads to treasure of friendshipThe Huntsville Times – al.com, ALFinding a World War II German medal for sale on eBay is a treat for a history buff, but it's no news flash. When that medal leads to a second career as a writer, however, that's a story worth telling. …
Read More »CVC bids $3.2 bln for Royal Mail stake -report – Reuters
Telegraph.co.uk CVC bids $3.2 bln for Royal Mail stake -reportReutersUL] has offered to pay just under 2 billion pounds ($3.21 billion) for a 30 percent stake in state-owned postal group Royal Mail, the Sunday Telegraph reported. The bid is higher than a rival offer from Dutch logistics group TNT (TNT. …
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