College $ports
The Big 12 signed a 13-year deal, reportedly worth $2.6 billion, with ESPN and Fox Sports to televise football and men’s basketball.
‘Bond’ deal
MGM Holdings, the movie studio that exited bankruptcy in 2010, is seeking to complete an IPO before the October release of its next James Bond film, sources said.
Kors sale
Michael Kors Holdings filed a secondary offer for certain shareholders to sell 20 million ordinary shares.
Woe-sendorf
The trustee overseeing Peregrine Financial, formerly headed by Russell Wasendorf, the Midwest Madoff, said the brokerage’s liabilities are almost twice its assets of $270.2 million. Assets were estimated at $500 million to $1 billion when the firm filed for bankruptcy in July, while liabilities were estimated at $250 million to $500 million.
Apple slices
Apple has shifted some memory-chip orders for its upcoming iPhone from Samsung to other chip makers. Samsung, which competes with Apple in the smartphone market and recently lost a patent suit to Apple, is also one of its biggest component suppliers.