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Friday, July 5, 2013

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07/5/2013
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
Yahoo acquires email management app Xobni
SAN FRANCISCO (Reuters) - Yahoo Inc acquired email and address book management app Xobni, the Internet company's third acquisition in as many days as it seeks to revamp its online products and boost its Web traffic.
Unilever raises stake in Indian unit to 67 percent
(Reuters) - Anglo-Dutch consumer goods company Unilever said it had acquired a little over two-thirds of Indian unit Hindustan Unilever following the close of a voluntary tender offer, falling short of its plan to raise its stake to as much as 75 percent.
Telecom Italia ends contacts with Hutchison on mobile operations
MILAN/PARIS (Reuters) - Telecom Italia SpA has ended contacts with Hutchison Whampoa Ltd on merging their Italian mobile businesses, preferring to focus on a plan to spin off its fixed-line network.
Telecom Italia will not start talks with Hutchison at present
MILAN (Reuters) - Italian phone company Telecom Italia said on Thursday it would not start talks "at present" with Hutchison Whampoa on merging their Italian mobile phone businesses.
RCS investor Della Valle ready to increase stake
MILAN (Reuters) - RCS Mediagroup investor Diego Della Valle is ready to increase his stake in the Italian publisher via a rights issue that could put him on a collision course with Fiat .
FCC approves Sprint-Clearwire-SoftBank deal: sources
WASHINGTON (Reuters) - U.S. regulators on Wednesday collected the final vote to approve the merger of Sprint Nextel Corp and SoftBank Corp , sources familiar with the situation said, clearing the last hurdle in the Japanese company's drawn-out battle to take control of the No. 3 U.S. wireless provider.
Exclusive: Francisco Partners plans GXS IPO after exploring sale
NEW YORK (Reuters) - Buyout firm Francisco Partners LP said on Wednesday that GXS Worldwide Inc, the provider of electronic commerce services it has majority control of, was planning an initial public offering after it explored an outright sale of the company.
Investors press Dell on 'Plan B' as buyout bid totters
NEW YORK (Reuters) - Some Dell Inc shareholders said on Wednesday they are pressuring the board to come up with a contingency plan should a proposed $24.4 billion buyout of the No. 3 PC maker fail in the face of investor opposition.
Chesapeake closes capex gap with $1 billion asset sale to Exco
(Reuters) - Chesapeake Energy Corp is selling assets in the Eagle Ford and Haynesville shales in the United States to Exco Resources Inc for about $1 billion to shore up finances battered by years of low gas prices and heavy spending.
Exclusive: States join U.S. probe of Cargill/ConAgra flour deal
WASHINGTON (Reuters) - A group of wheat-growing states has joined the U.S. Justice Department in investigating a proposed joint venture by Cargill, CHS and ConAgra, which would make the largest U.S. flour miller even larger, two sources told Reuters.
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