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Deals Rumor Mill: LetterOne, Informatica, Canon

By Benjamin Horney (April 6, 2015, 5:21 PM EDT) -- Russian billionaire Mikhail Fridman has his hand in the creation of a "private-equity-style group" that will plug money into U.S. and European technology and telecom companies, according to a Monday report from the Financial Times. According to the report, the entity will be called LetterOne Technology and will have $16 billion available to invest, although that number could wind up increasing to $25 billion. LetterOne will seek to buy or invest in struggling technology and telecom companies, the report noted....

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