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A Web site posting announced Monday that Jabil Circuit Inc. was making an unsolicited bid to take over its much larger rival Flextronics Inc. Here's the catch. It's not true. It's a hoax. A sophisticated and authentic-looking hoax. "It's bizarre," said Jabil spokeswoman Beth Walters. ...more
December 2, 2008
ChoicePoint, a 1997 spinoff of credit agency Equifax, is being acquired by the parent of LexisNexis in a cash deal worth $3.6 billion, a major premium for a company that weathered an embarrassing breach of its database, federal investigations and a stock-trading probe of its top two executives. ...more
February 22, 2008
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