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GM and Chrysler ready to agree on a part merger

By prerna

General Motors and Chrysler were open to a merger if the U.S. government mandated it as a condition for providing the emergency financing. They state that this would help them survive into 2009. GM Chief Executive Rick Wagoner and Chrysler Chief Executive Bob Nardelli were testifying at a U.S. Senate Banking Committee hearing held to... »

Revolution Health to be Acquired by Waterfront Media

By Kalyani Mukherjee

Revolution Health, an online health venture is set to merge with Waterfront Media as part of a $300 million deal. Revolution Health is part of Revolution LLC and owned by AOL founder Steven Case. After the merger, the new company will operate as Waterfront Media. Based in New York, Waterfront Media runs several health websites... »

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