Adidas to Buy Reebok in $3.8-Billion Deal

Adidas to Buy Reebok in $3.8-Billion Deal , surely problem for Nike. If we can predict the mergers we can buy the companies shares and become a billionare in few years. hmm, but the CEO’s keep it as a top management secret whenever they go for buying a company. In this case Adidas paid 34% premium for the Reebok shares.

Another acquisition from Oracle this time in India, Iflex , they bought 41% stake from citigroup, and 20% from the public. Who earns it in this deal? Ofcrse, citigroup, they invested $32 millions some years back building the iflex banking product and now sweeped $909 millions by selling the same 41% stake to oracle. 10-15 years returns is running in such millions, we ought to really build ourselves for such big games.

Yodlee

Having a unified view and one-click access to all our personal online accounts in one place is value enough and Yodlee offers it. My bank offers this service free to me as they use this yodlee’s ifinity platform enabling their customers to build their portfolio in one place. You will love it when you use it.

Miraculous death escape…

Today me got into a bad accident, the mexican guy skipped the red signal and hitted the car before me and then mine and stopped. The car before me escaped with slight right side hit and me & my car bared the full blow. My car skidded for thrice and stopped,  it was  badly injured on the right. The Cop said am lucky enough to have escaped with minor injuries. My Doctor gave me some stiches now and am getting all fine now, never laid on bed so early but today I have no other option. My claim from his insurance stuff is being taken care. I couldnt breath when the car stopped, i could c bloods coming out and to be frank it was real scary.  It seems God has permitted me to live some more days, real miraculous escape.