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Wednesday, June 5, 2013

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06/5/2013
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
Glass Lewis tells investors to hold off on Sprint-SoftBank vote
NEW YORK (Reuters) - Sprint Nextel Corp shareholders should not vote on SoftBank Corp's takeover bid on June 12 as Dish Network's rival $25.5 billion offer was still being reviewed, proxy advisory firm Glass Lewis said on Tuesday.
ThyssenKrupp likely to sell Brazilian mill to CSN: sources
FRANKFURT (Reuters) - ThyssenKrupp is likely to sell its Brazilian steel mill to Companhia Siderurgica Nacional (CSN) , two people close to the negotiations said.
Apollo-backed Athlon Energy files for IPO of up to $345 million
(Reuters) - Athlon Energy Inc, backed by Apollo Global Management LLC , filed with U.S. regulators to raise up to $345 million in an initial public offering of its common stock.
Springer Science targets $1 billion in IPO, still eyes sale
FRANKFURT (Reuters) - German academic publisher Springer Science+Business Media plans to sell new shares worth 760 million euros ($993 million) in early July, raising the pressure on potential suitors eyeing the whole company.
OUE to kickoff $800 million IPO for hotel REIT, to hire CEO
SINGAPORE (Reuters) - Overseas Union Enterprise Ltd will begin gauging demand for the listing of a hotel REIT that is expected to raise up to $800 million, sources said, as the Singapore property firm named a chief executive for the unit.
Rio Tinto seeks final bids for copper mine in June, Sumitomo wildcard
MELBOURNE/HONG KONG (Reuters) - Rio Tinto Ltd is seeking final bids for its majority stake in the Northparkes copper mine in Australia this month, with at least two bidders expected to be in the running, people familiar with the process said.
Salesforce to pay $2.5 billion for ExactTarget in social marketing bet
SAN FRANCISCO (Reuters) - Salesforce.com Inc, the biggest maker of online sales software, will pay $2.5 billion for marketing software maker ExactTarget Inc in Chief Executive Marc Benioff's most significant bet to date on the social marketing business.
Tronchetti to retain grip on Pirelli with Camfin bid
MILAN (Reuters) - A group of investors led by Pirelli Chairman Marco Tronchetti Provera will launch a takeover bid for the company that controls the Italian tire maker, in a move that will consolidate the executive's grip on the business.
Ukraine's richest man takes over top telecom firm
KIEV (Reuters) - A firm owned by Ukraine's richest businessman Rinat Akhmetov said on Wednesday it was buying the former Soviet republic's main fixed-line operator Ukrtelecom from Austrian investment firm EPIC for an undisclosed sum.
IBM to buy website hosting service SoftLayer
(Reuters) - International Business Machines said on Tuesday it would acquire Web hosting company SoftLayer Technologies and create a new division for clients interested in so-called cloud services, a move to better compete with larger rivals in the space.
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