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Thursday, May 17, 2012

Deals Today

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05/17/2012
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
Several brokerages stop taking Facebook IPO orders
NEW YORK (Reuters) - Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies.
Samsung Life says won't bid for ING Asia insurance biz
SEOUL (Reuters) - South Korea's Samsung Life Insurance said on Thursday that it had decided not to bid for ING Groep's Asia-Pacific insurance operation, saying the sales method was not in line with its strategy.
Hitachi ends due diligence on Finmeccanica rail unit: union
MILAN (Reuters) - An Italian union official said on Thursday that Japanese group Hitachi had completed a due diligence on Finmeccanica's train manufacturing unit AnsaldoBreda and hopes a deal can be clinched by June.
RBC, Credit Suisse among bidders for BofA wealth units: sources
SINGAPORE/HONG KONG (Reuters) - Royal Bank of Canada and Credit Suisse are among suitors who have put in initial bids to buy the non-U.S. wealth management business of Bank of America in a deal that could be worth about $2 billion, sources said.
Two bidders for Petroplus UK Coryton refinery: MEP
LONDON (Reuters) - Two preferred bidders are in talks to buy Petroplus's UK Coryton refinery, said a Member of the European Parliament, but its 900 employees still face a nail-biting wait before their future is decided.
ICAP in talks to buy PLUS stock exchange
LONDON (Reuters) - ICAP , the world's largest interdealer broker, is in talks to buy the stock exchange unit of PLUS Markets Group , in a move to pre-empt regulatory reforms to increase the use of exchanges.
Human Genome adopts rights as it wards off Glaxo
(Reuters) - Human Genome Sciences Inc said on Thursday it adopted a stockholder rights plan as the biotechnology company defends itself against a $2.6 billion hostile takeover bid by drugmaker GlaxoSmithKline Plc .
Sprint CEO sees more telecom M&A's possible
NEW YORK (Reuters) - Sprint Nextel believes U.S. regulators are open to large telecom deals despite their opposition to an AT&T Inc deal last year, but Sprint itself will try to avoid doing a big deal until 2014, according to Chief Executive Dan Hesse.
New York senate mulls hearings on MBIA split
NEW YORK (Reuters) - New York Senate Republicans may probe allegations that bond insurer MBIA Inc misled the state insurance department to get approval for its 2009 restructuring.
ICAP in talks to buy Plus Markets: FT
LONDON (Reuters) - The world's largest interdealer broker by market capitalization ICAP , is in talks to buy Plus Markets Group , the UK exchange for fledgling companies, the Financial Times reported on Thursday.
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