EchoStar mulls spinoff of assets
NEW YORK (Reuters) – Satellite television operator EchoStar Communications Corp said on Tuesday that it was considering a spinoff of its technology and infrastructure assets into a publicly traded company separate from its consumer pay-TV business.
AMSTERDAM (Reuters) – Dutch builder Royal BAM Groep said on Tuesday it is selling its U.S. subsidiary Flatiron Construction Corp for 172 million euros ($242.7 million) to Germany’s Hochtief AG and raised its 2007 sales and profit targets.
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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