| | | LOS ANGELES/NEW YORK (Reuters) - Al Jazeera said on Wednesday it will buy Current TV, the struggling cable channel founded by Al Gore and partners, in a move that will boost the Qatar-based broadcaster's footprint in the United States. | | | | | | SAN FRANCISCO (Reuters) - Microsoft Corp bought start-up id8 Group R2 Studios Inc as it looks to expand further in technology focused on the home and entertainment, a person familiar with the situation said on Wednesday. | | | | | | | (Reuters) - Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million to take the top spot in the fast-growing U.S. car-sharing market, racing past larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc . | | | | | (Reuters) - Hormel Foods Corp , the maker of Spam canned ham, said it will acquire the Skippy peanut butter business from Unilever Plc for about $700 million. | | | | | | | PARIS (Reuters) - France's antitrust watchdog has opposed a proposal by Iliad and Vivendi to merge their mobile telecoms units, BFM radio reported on its website. | | | | | | | NEW DELHI (Reuters) - Jet Airways said on Thursday that it was in talks with Abu Dhabi's Etihad Airways for a potential stake sale in the Indian carrier, although terms have not been finalized yet. | | | | | (Reuters) - Gap Inc will buy women's fashion boutique Intermix Inc for $130 million to enter the luxury clothes market, the Wall Street Journal reported. | | | | | SAN FRANCISCO (Reuters) - Venture-backed companies made less cash for their backers last quarter compared with a year ago, capping a year in which the industry came under fire for not delivering hoped-for returns. | | | | | | NEW YORK (Reuters) - A group of private equity firms, including the Carlyle Group , struck a deal on Sunday to buy financial advisory and investment banking firm Duff & Phelps Corp for about $665.5 million. | | | | | | SEOUL/BRUSSELS (Reuters) - ArcelorMittal , the world's biggest steelmaker, will sell a 15 percent stake in one of its Canadian iron ore operations, raising $1.1 billion to help pay off debt at a time of sluggish demand. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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