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Wednesday, February 6, 2013

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02/6/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Malone strikes $15.75 billion Virgin Media deal to take on Murdoch
LONDON (Reuters) - John Malone's Liberty Global struck a deal on Tuesday to buy British cable group Virgin Media for about $15.75 billion in stock and cash, a move that would put the U.S. billionaire up against old rival Rupert Murdoch.
Elan seeks acquisitions after $3.25 billion MS drug deal
DUBLIN (Reuters) - Irish drugmaker Elan is raising more than $3.25 billion by selling its interests in its main drug and will splash out most of the proceeds on acquisitions, effectively reinventing itself as a company.
Dell to go private in landmark $24.4 billion deal
SAN FRANCISCO/NEW YORK (Reuters) - Michael Dell struck a deal to take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, partnering with the Silver Lake private equity firm and Microsoft Corp to try to turn around the struggling computer company without Wall Street scrutiny.
Samsung Engineering says wins $880 million order in Iraq
SEOUL (Reuters) - Samsung Engineering said on Wednesday that the South Korean builder secured an order worth about $880 million to construct gas processing facilities in Badra, Iraq.
Twitter acquires social TV analytics company Bluefin Labs
SAN FRANCISCO (Reuters) - Twitter Inc said on Tuesday it has agreed to acquire advertising analytics company Bluefin Labs.
Online scrapbook Pinterest seeks funding at $2 billion valuation: WSJ
(Reuters) - Online scrapbook Pinterest is trying to raise a new round of funding that would give it a valuation of $2 billion to $2.5 billion, the Wall Street Journal reported on Tuesday.
Rockwell Collins, Tata Power to bid for India air force pact
BANGALORE (Reuters) - Rockwell Collins Inc will jointly bid with a unit of India's Tata Power Co Ltd for a contract, expected to be worth $150 million to $200 million, to supply radio equipment to the Indian Air Force, the U.S.-based company said.
Softbank to sell record $3.2 billion in bonds for Sprint deal: sources
TOKYO (Reuters) - Softbank Corp will issue $3.2 billion in corporate bonds, the biggest ever by a non-financial Japanese firm to retail investors, to convert part of the $17.7 billion in short-term loans used to purchase Sprint Nextel Corp to longer term debt, two sources familiar with the matter said.
Netflix, Queen Latifah's film company strike TV distribution deal
LOS ANGELES (Reuters) - Online video streamer Netflix Inc has struck a deal to show the films produced by Flavor Unit Entertainment, the companies said on Tuesday.
Ryanair seeks binding deals to allay EU on Aer Lingus
DUBLIN (Reuters) - Ryanair is seeking binding commitments from two rivals to compete with it as part of a last-ditch attempt to secure anti-monopoly approval for a takeover of smaller Irish rival Aer Lingus , a source close to the deal said on Tuesday.
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