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Wednesday, December 19, 2012

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12/19/2012
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
Getco to buy Knight Capital for $1.4 billion
(Reuters) - Knight Capital Group Inc said it will be acquired by Getco Holdings Co in a deal valued at $1.4 billion in cash and stock.
CB&I shareholders vote in favor of Shaw deal
(Reuters) - Chicago Bridge and Iron Co NV said on Wednesday its shareholders approved the company's proposed takeover of U.S. engineering company Shaw Group Inc .
Exclusive: SPX closes in on $4.2 billion Gardner Denver deal - source
NEW YORK (Reuters) - Industrial machinery maker SPX Corp is closing in on a roughly $4.2 billion deal to buy rival Gardner Denver Inc, as it makes progress in securing financing, a source familiar with the matter said on Tuesday.
Newtown backlash prompts Bushmaster rifle maker sale
(Reuters) - The company whose AR-15 type Bushmaster rifle was used in the Newtown school massacre in Connecticut will be immediately put up for sale, its private equity owner Cerberus Capital Management LP said on Tuesday in response to investor concerns.
Billabong gets $556 million bid but fears abound it may be pulled
MELBOURNE (Reuters) - A fresh $556 million offer for Billabong International found little favor with investors as the stock dived 13 percent on concern the Australian surfwear firm's latest profit warning might lead the suitor to lower or even withdraw the bid.
Carlyle sells once-bankrupt U.S. auto parts supplier
(Reuters) - Private equity firm Carlyle Group LP completed on Wednesday the sale of Metaldyne LLC for about $820 million to another buyout firm, its second divestment of a U.S. auto part supplier it picked up from bankruptcy in as many years.
Bid target Sportingbet says trading has picked up
LONDON (Reuters) - Bid target Sportingbet PLC said on Wednesday that trading had recovered in recent weeks after a slow quarter prompted suitor William Hill to cut a proposed takeover offer.
Russia's Globaltrans to buy MMK-Trans for $225 million
MOSCOW (Reuters) - Russian freight firm Globaltrans Investment is to buy rail freight operator MMK-Trans for $225 million cash, the latest in a series of deals in an industry opening up to competition.
UniCredit says could sell Kazakh unit
VIENNA (Reuters) - UniCredit , Italy's biggest bank, would sell its Kazakh unit at the right price, the head of its central and eastern European operations said.
Greenbrier rejects Icahn's $543 million offer as not good enough
(Reuters) - U.S. railcar maker Greenbrier Cos Inc has rejected a $543 million bid from American Railcar Industries Inc which is controlled by activist investor Carl Icahn, saying the offer grossly undervalues the company.
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