For many, the new fiscal year started this week. The dawn of a new fiscal year, not to mention the replenished funds that accompany it, is often welcomed – nay, eagerly awaited. This year is different, however; virtually every economic outlook delivered by financial pundits is peppered with the R word (recession). There is an upside!
ARMONK, N.Y., 4 April 2008. IBM has completed its approximately $845 million USD (approximately 5 billion Swedish Kronor) tender offer for the shares of Telelogic AB.