  | | | | NEW YORK (Reuters) - Al Jazeera's announced plans to establish a new U.S. cable news channel via the purchase of Current TV isn't even 48 hours old and already it finds itself in a vicious battle to retain distribution rights. | | | | | SHANGHAI (Reuters) - China Galaxy Securities Co, China's, seventh-biggest brokerage, has filed applications to regulators for a planned $1.5 billion initial public offering in Hong Kong and Shanghai, IFR reported on Friday. | | | | | | (Reuters) - SeaWorld Parks and Entertainment has held early talks with interested parties to explore whether a private sale could fetch more than an initial public offering, two people familiar with the matter said on Thursday. | | | |  | | | | (Reuters) - After months of trying to play matchmaker between the two largest U.S. shopping mall operators, activist investor William Ackman reversed course on Thursday, saying he is no longer pushing for a sale because one party didn't want to buy. | | | | | | DETROIT (Reuters) - Elio Motors has agreed to purchase a former General Motors Co assembly plant near Shreveport, Louisiana and will use it to build three-wheeled vehicles that it says will get more than 80 miles on a gallon of gasoline, the company said on Thursday. | | | | | | BOSTON (Reuters) - Privately held technology research firm 451 Group said it has acquired Yankee Group, a competitor that focuses on the mobile communications industry, from private equity firm Alta Communications. | | | |  | | | | (Reuters) - Gap Inc , which owns clothing retailers Banana Republic and Old Navy as well as its namesake brand, expanded into the luxury market with its purchase of women's apparel retailer Intermix Holdco Inc for $130 million. | | | | | | (Reuters) - Hormel Foods Corp agreed to buy Skippy, the iconic U.S. peanut butter brand, from Unilever Plc for $700 million, adding the well-known kids lunch staple to a portfolio that includes Spam canned meat. | | |  | | | | VIENNA (Reuters) - Consolidation of Austria's cut-throat telecoms market moved ahead on Thursday when Hutchison Whampoa Ltd completed its 1.3-billion-euro ($1.7 billion) takeover of Orange Austria, making it the country's third-biggest mobile operator. | | | | | | HONG KONG (Reuters) - Casino operator Macau Legend Development Ltd is planning a Hong Kong initial public offering of $500-$800 million which could come in the second quarter, IFR reported on Thursday. | | | |  |  | | | 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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