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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Current price of oil as of July 13, 2026

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Current price of silver as of Monday, July 13, 2026

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By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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April 2, 2012, 1:56 PM ET
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Avon Products (NYSE: AVP) has rejected an unsolicited $10 billion acquisition offer from Coty Products, a global beauty company owned by Berkshire Partners. The $23.25 per share deal would have represented a 20% premium to Avon’s closing stock price on Friday.

Dell Inc. (Nasdaq: DELL) has agreed to acquire Wyse Technology, a San Jose, Calif.-based provider of cloud client computing solutions, from shareholders like Garnett & Helfrich Capital. No financial terms were disclosed. www.dell.com

Bowmark Capital has sold Data Explorers, a provider of global securities lending data, to Markit, a UK-based financial information group whose shareholders include General Atlantic and Goldman Sachs.www.markit.com

Conduit Capital Partners has sold its remaining stake in Peruvian pipeline project Gasoducto Andina del Sur (“Kuntur”) to Brazilian construction group Odebrecht. No financial terms were disclosed.www.conduitcap.com

GF Capital has sold Airborne Inc., a provider of immune support products, to Schiff Nutrition International Inc. (NYSE: WNI) for $150 million in cash. www.schiffnutrition.com

Camargo Correa, a Brazilian construction group, has offered to acquire the 68.1% stake it does not already own in Cimpor, a Portuguese cement maker. www.camargocorrea.com.br

Chalco, a Chinese aluminum group, has agreed to acquire a control stake in Mongolian coal mining company SouthGobi Resources for $926 million. The seller was Ivanhoe Mines (TSX: IVN).

Daimler AG
 has denied a newspaper report that it has interest in bidding for motorcycle maker Ducati, which also has received interest from Volkswagen’s Audi.

Diageo PLC (LSE: DGE) has hired Goldman Sachs and HSBC to explore the acquisition of tequila makerJose Cuervo from Mexico’s Beckmann family, according to Bloomberg. The deal could be valued at more than $3 billion. www.diageo.com

Emerson (NYSE: EMR) has acquired the Marine Container and Boiler business of Johnson Controls Inc. (NYSE: JCI). No financial terms were disclosed. www.emersonelectric.com

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