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Thursday, July 4, 2013

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07/4/2013
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
Yahoo acquires email management app Xobni
SAN FRANCISCO (Reuters) - Yahoo Inc acquired email and address book management app Xobni, the Internet company's third acquisition in as many days as it seeks to revamp its online products and boost its Web traffic.
FCC approves Sprint-Clearwire-SoftBank deal: sources
WASHINGTON (Reuters) - U.S. regulators on Wednesday collected the final vote to approve the merger of Sprint Nextel Corp and SoftBank Corp , sources familiar with the situation said, clearing the last hurdle in the Japanese company's drawn-out battle to take control of the No. 3 U.S. wireless provider.
Exclusive: Francisco Partners plans GXS IPO after exploring sale
NEW YORK (Reuters) - Buyout firm Francisco Partners LP said on Wednesday that GXS Worldwide Inc, the provider of electronic commerce services it has majority control of, was planning an initial public offering after it explored an outright sale of the company.
Investors press Dell on 'Plan B' as buyout bid totters
NEW YORK (Reuters) - Some Dell Inc shareholders said on Wednesday they are pressuring the board to come up with a contingency plan should a proposed $24.4 billion buyout of the No. 3 PC maker fail in the face of investor opposition.
Chesapeake closes capex gap with $1 billion asset sale to Exco
(Reuters) - Chesapeake Energy Corp is selling assets in the Eagle Ford and Haynesville shales in the United States to Exco Resources Inc for about $1 billion to shore up finances battered by years of low gas prices and heavy spending.
Exclusive: States join U.S. probe of Cargill/ConAgra flour deal
WASHINGTON (Reuters) - A group of wheat-growing states has joined the U.S. Justice Department in investigating a proposed joint venture by Cargill, CHS and ConAgra, which would make the largest U.S. flour miller even larger, two sources told Reuters.
Big shareholder Crest ends battle with Sprint over Clearwire
(Reuters) - Crest Financial, which owns a big stake in Clearwire Corp, said on Wednesday it is backing Sprint Nextel Corp's purchase of the rest of Clearwire, ending a protracted and noisy fight over the wireless service provider.
Cerberus CEO drops stalking horse bid for Freedom Group: source
NEW YORK (Reuters) - Stephen Feinberg has scrapped a bid for the maker of the Bushmaster rifle, which his private equity firm, Cerberus Capital Management LP, put up for a sale after one of its guns was used in the Newtown, Connecticut school shooting in December, a person familiar with the matter said on Wednesday.
Warner Chilcott markets $4.4 billion deal
NEW YORK (Reuters) - Specialty pharmaceutical Warner Chilcott Plc is in market with $4.4 billion in credit facilities that will refinance and combine debt following the company's acquisition by drug manufacturer Actavis Inc , sources told Thomson Reuters LPC.
Samsung Electronics acquires TV DVR start-up Boxee
(Reuters) - Samsung Electronics has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.
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