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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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February 22, 2012, 3:03 PM ET
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Genomma (Mexico: LABB) has offered to acquire Prestige Brands (NYSE: PBH), maker of household cleaning products like Comet, for $834 million in cash. The $16.60 per share bid represents a 23% premium to last Friday’s closing price. www.genomma.com

BCG Partners has agreed to acquire substantially all the assets of commercial real estate companyGrubb & Ellis, which filed for Chapter 11 bankruptcy protection this week. No financial terms were disclosed. Grubb & Ellis reported around $150 million in assets and $167 million in liabilities.www.grubb-ellis.com

Sugar Inc., a San Francisco-based online media network for women, has acquired Circle of Moms, a social network for mothers and expectant mothers. No financial terms were disclosed. Sugar has raised around $46 million in VC funding from Institutional Venture Partners and Sequoia Capital.www.sugarinc.com

Abenex Capital and Chequers Capital are considering a sale of French salt producer Salins Group, according to Bloomberg. A deal could be valued at around €300 million, with Lazard managing the process. www.salinsgroup.com

CVC Capital Partners is mulling a sale of Czech brewer StarBev, which it acquired from Anheuser-Busch in late 2009, according to the WSJ. Anheuser and other global brewers are expected to have interest.

eBay Inc. has agreed to acquire WHI Solutions, a Rye Brook, N.Y.–based provider of software and digital catalog solutions for auto parts distributors and retailers. No financial terms were disclosed. WHI raised nearly $18 million in VC funding from MidMark Capital and Polaris Venture Partners.

Ericsson (Nasdaq: ERIC) has agreed to acquire BelAir Networks, a Canadian provider of large-scale Wi-Fi and multi-access small cell wireless systems. No financial terms were disclosed. Belair Networks has over $43 million in VC funding, from firms that include BDC Venture Capital, Comcast Interactive Capital, McLean Watson, MMV Financial, Panorama Capital, T-Mobile Venture Fund, Trilogy Equity Partners, VenGrowth Capital Partners and Ventures West Management. www.belairnetworks.com

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