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Monday, May 13, 2013

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05/13/2013
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
Dell committee asks Icahn for more information
(Reuters) - The special committee of Dell Inc's board of directors on Monday asked Carl Icahn for more details on the activist investor's proposed offer for the computer maker.
Kuwait Airways to sign $3 billion-plus Airbus deal: paper
KUWAIT (Reuters) - State-run Kuwait Airways will spend 850 million dinars ($2.98 billion) on 25 new Airbus jets and aims to lease a further 13 to upgrade its ageing fleet, a Kuwaiti newspaper reported on Sunday.
Elan strikes $1 billion royalty deal with Theravance
DUBLIN (Reuters) - Elan stepped up its bid to keep its independence on Monday by agreeing a $1 billion deal to buy 21 percent of the royalties that U.S. company Theravance receives from GlaxoSmithKline for its respiratory drugs.
CITIC, Temasek group offers $900 million for U.S.-listed Asiainfo: sources
HONG KONG (Reuters) - A consortium comprising China's CITIC Capital and Singapore state investor Temasek Holdings is set to buy U.S.-listed Asiainfo-Linkage Inc for about $900 million, people familiar with matter told Reuters on Monday.
Exclusive: SoftBank asks banks not to finance Dish's Sprint bid
NEW YORK (Reuters) - SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp.
Alibaba to invest $294 million in mapping firm AutoNavi
SHANGHAI (Reuters) - Alibaba Group, China's largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba's move to boost its competitiveness by beefing up its product lineup.
Frank's International files for IPO of up to $500 million
(Reuters) - Frank's International N.V., which provides equipment and services to the oil and gas industry, filed with U.S. regulators to raise up to $500 million in an initial public offering of common stock.
Drugmaker Actavis in talks to buy Warner Chilcott
(Reuters) - Generic drugmaker Actavis Inc, formerly Watson Pharmaceuticals, said on Friday that it was in early stage discussions to buy specialty pharmaceutical company Warner Chilcott Plc.
ResCap creditors, Ally nearing deal on billions in claims
(Reuters) - Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development that prompted a delay in a much-anticipated report on ResCap's failure.
Insight: Housing improvement may herald return of U.S. workforce mobility
NEW YORK/WASHINGTON (Reuters) - When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly.
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