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Thursday, February 14, 2013

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02/14/2013
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
American Airlines, US Airways unveil $11 billion merger
(Reuters) - American Airlines and US Airways Group said they plan to merge in a deal that will form the world's biggest air carrier with a combined equity value of $11 billion.
AB InBev revises Modelo deal to meet U.S. objections
BRUSSELS (Reuters) - Anheuser-Busch InBev , the world's largest brewer, has revised the terms of its $20.1 billion takeover of Mexican brewer Grupo Modelo to overcome U.S. government objections that it would have restricted competition.
Aberdeen buys Artio Global, stake in SVG Advisers
LONDON (Reuters) - British fund manager Aberdeen Asset Management has unveiled two acquisitions, a U.S. fund manager and a 50.1 percent stake in an international private equity business, to buy its way into new markets.
Drinks firms AG Barr, Britvic aim to keep merger alive
LONDON (Reuters) - Soft drink firms Britvic and A.G. Barr said they would work together to keep their proposed merger, worth about 1.6 billion pounds, alive after the deal was referred to Britain's Competition Commission.
India's Rafale jet talks brighten after rough patch
NEW DELHI (Reuters) - India and France are speeding up negotiations on a $10 billion deal for 126 Rafale aircraft following disagreements over the cost of building them in India, which caused months of delays, two Indian Defense Ministry officials told Reuters.
US Airways watched American flounder, then pounced
(Reuters) - US Airways Group Inc has spent years looking for a merger partner only to be turned away and labeled the "ugly girl" amid a wave of U.S. airline industry consolidation.
Standard Life in talks to buy Newton's wealth arm: report
(Reuters) - Standard Life is in exclusive talks to buy Newton Investment Management's wealth management arm for up to 90 million pounds($140 million) in a deal that could be announced imminently, the Telegraph reported on Wednesday.
Best Buy founder may scrap buyout bid-sources
(Reuters) - Best Buy Co Inc founder Richard Schulze may scrap a buyout bid and instead line up investors to take a minority position in the electronics retailer, sources familiar with the situation said on Wednesday.
Time Warner in talks with Meredith on magazines: source
(Reuters) - Time Warner Inc is in talks to sell the majority of its Time Inc magazine division to Meredith Corp, according to a source familiar with the situation.
GE to return $18 billion to shareholders after early NBC deal
(Reuters) - General Electric Co expects to return about $18 billion to investors this year in share buybacks and dividends as it sells its remaining stake in NBC Universal.
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