TIMELINE: Talks between India's Bharti and Sth Africa's MTN

Last year, the biggest mobile operators in India and sub-Saharan Africa failed to reach agreement on a deal.

Subsequent talks between MTN and Reliance Communications, India's second-l ...[more]

MGA files emergency appeal in Bratz case

In an emergency appeal filed late on Tuesday, MGA asks the Ninth U.S. Circuit Court of Appeals to nullify a wide-ranging injunction by U.S. District Judge Stephen Larson that orders it to sto ...[more]

GM bankruptcy nears as bondholders shun tender offer

The event marks a critical disappointment for GM, the largest U.S. automaker and once considered the bellwether of U.S. manufacturing.

"I would say this is a sound rejection of an uns ...[more]

Sleepy's wins Dial-A-Mattress with $25 million bid

The Sleepy's bid beat six other bidders in the auction, according to a spokesman for Dial-A-Mattress.

The bid, put forward by Sleepy's affiliate Newco Trading, also includes the assum ...[more]

VMware to buy 5 percent of IT services firm Terremark
) plans to buy 5 percent of IT services provider Terremark Worldwide Inc (), Terremark said on Tuesday as it issued a revenue outlook below market estimates.

VMware, which sells sof ...[more]

Pension funds lose Chrysler fight in district court

After a federal court hearing in Manhattan on Tuesday, U.S. District Judge Thomas Griesa said he would deny a motion by a group of Indiana pension funds that the government did not have the a ...[more]

ANZ raises A$2.5 billion, seeks RBS Asia assets
) is raising A$2.5 billion ($1.95 billion) in a share sale, partly to fund a possible purchase of some of Royal Bank of Scotland's () Asian assets, ANZ said on Wednesday.

ANZ, Austr ...[more]

German government to decide on preferred Opel partner

Chancellor Angela Merkel's government has been considering offers from Italian carmaker Fiat, Canadian supplier Magna International and Belgium-listed industrial holding RHJ International.

[more]
Magna's Stronach looks to Opel to realize ambitions
) bid to buy Germany's iconic Opel brand is a gamble on the future of the auto industry in Europe and a chance for its billionaire founder to cement his legacy.

Stung by the global ...[more]

GM bankruptcy nears as bondholders shun tender offer

The event marks a critical disappointment for GM, the largest U.S. automaker and once considered the bellwether of U.S. manufacturing.

"I would say this is a sound rejection of an uns ...[more]

U.S. won't be active GM shareholder: sources

"We are reluctant, somewhat involuntary shareholders in this situation," one of the sources said. "We want to be shareholders for as short a period of time and almost in as inactive a way as ...[more]

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