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Wednesday, August 7, 2013

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08/7/2013
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
Amazon's Bezos pays hefty price for Washington Post
(Reuters) - Jeff Bezos has just shown how valuable one-of-a-kind newspaper properties can still be in the United States.
Wal-Mart weighs bid for Li's Hong Kong supermarket chain: sources
HONG KONG (Reuters) - Wal-Mart Stores Inc is considering making a bid for the Hong Kong supermarket business being sold by a company controlled by Asia's richest man Li Ka-shing, people familiar with the matter told Reuters.
AOL to buy video ad platform for $405 million
(Reuters) - AOL Inc said on Wednesday it would buy Adap.tv, which helps businesses buy and sell ads for online video electronically, for $405 million, its largest acquisition since the 2011 purchase of the Huffington Post.
Bahrain in talks over possible Eurofighter deal: BAE
LONDON (Reuters) - British defence firm BAE Systems said the Gulf state of Bahrain was in early talks about the possibility of buying an unspecified number of Eurofighter Typhoon fighter jets.
Etihad plans more partnerships as it pencils in double-digit growth
SYDNEY (Reuters) - Etihad Airways, which has aggressively expanded its global reach through codeshares and minority stake investments, expects to build alliances in China and the Americas as the Abu Dhabi-based carrier targets more double-digit growth in the years ahead.
Blackstone explores $4.5 billion La Quinta sale: source
NEW YORK (Reuters) - Blackstone Group LP is exploring a sale of La Quinta Inns & Suites, a budget hotel chain it values at around $4.5 billion, a person familiar with the matter said on Tuesday.
Loeb wants Sony to lay out specific goals for entertainment unit
NEW YORK (Reuters) - Hedge fund manager Daniel Loeb expects Sony Corp to lay out a specific improvement plan and set financial targets for its entertainment business before the company's annual general meeting next May, according to a source close to the hedge fund.
Amgen seen raising bid to acquire Onyx Pharmaceuticals: report
(Reuters) - Amgen Inc is expected to sweeten its offer to acquire Onyx Pharmaceuticals Inc to $130 per share after its previous bid was rejected as too low, Bloomberg reported on Tuesday, citing a person familiar with the matter.
Macquarie puts tower operator Global Tower on the block: source
(Reuters) - Global Tower Partners, a U.S. wireless tower operator, is up for sale and may fetch more than $4 billion, according to a person familiar with the asset.
Chubu Electric to buy Tokyo power supplier, moves into Tepco's turf: sources
TOKYO (Reuters) - Chubu Electric Power Co Inc will take control of a Tokyo-based electricity supplier, sources said on Wednesday, giving the utility an entry into the territory of Tokyo Electric Power Co , which is struggling with losses from the Fukushima disaster.
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