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Monday, February 18, 2013

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02/18/2013
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
Investors content to take Buffett's 20 percent Heinz premium
(Reuters) - Warren Buffett says he will not pay a penny more than the $72.50 a share he is already offering for ketchup maker H.J. Heinz Co, and after an initial hesitation, most investors seem to be taking him at his word.
UAE signs $1.42 billion defense contracts, including Predator drones
ABU DHABI (Reuters) - The United Arab Emirates signed 5.2 billion dirhams ($1.42 billion) worth of defense contracts, including one for unmanned aerial drones, a spokesman for the country's military said on Monday.
Morrisons to buy 49 Blockbuster stores
(Reuters) - British supermarket chain Wm Morrison said it has bought 49 stores from the administrators of failed DVD-rental chain Blockbuster but did not disclose the terms.
Exclusive: News Corp, popular tech blog contemplate split - sources
(Reuters) - AllThingsD, the widely read technology blog run by Kara Swisher and Walt Mossberg, has begun discussions with owner News Corp about extending or ending their partnership, sources familiar with the situation told Reuters.
GM paid $119 million for 1 percent stake in China joint venture: filing
(Reuters) - General Motors Co paid $119 million in September to buy back a 1 percent stake in its joint venture with its top Chinese partner SAIC Motor Corp , which it had given up ahead of its 2009 bankruptcy.
Office Depot in talks to sell rest of Mexican unit: report
(Reuters) - Office Depot Inc. , the second-largest U.S. office-supply chain, is in talks to sell the remaining 50 percent of its Mexican unit to retailer Grupo Gigante SAB , Bloomberg reported, citing people familiar with the situation.
Icahn says funding available for any Herbalife bid: CNBC
(Reuters) - The controversy surrounding Herbalife Ltd should not prevent a willing buyer for the company from being able to finance a takeover, billionaire investor Carl Icahn told CNBC television on Friday.
Quintiles files for IPO of up to $600 million
(Reuters) - Quintiles Transnational Holdings Inc, the largest provider of testing services to drugmakers, filed with U.S. regulators on Friday to raise up to $600 million in an initial public offering of common stock.
British PM Cameron on India trade trip amid graft scandal
LONDON (Reuters) - British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition as a scandal engulfs an Anglo-Italian helicopter deal.
KEYreit board rejects Huntingdon Capital's partial bid
TORONTO (Reuters) - KEYreit , a real estate investment trust that owns small retail properties across Canada, on Friday rejected an unsolicited partial takeover bid from Huntingdon Capital Corp , saying the proposal was inadequate and coercive.
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