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Tuesday, May 13, 2014

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05/13/2014
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
Pfizer hints at improved Astra offer as CEO heads into political grilling
LONDON (Reuters) - U.S. drugmaker Pfizer hinted it could make a higher offer for Britain's AstraZeneca as the New York-based group's boss went into a meeting with UK lawmakers on Tuesday at which he was expecting to be grilled over promises on British jobs.
Allergan rejects Valeant Pharma's 'cut and slash' takeover
(Reuters) - U.S. drugmaker Allergan Inc on Monday rejected Valeant Pharmaceuticals International Inc's $47 billion takeover offer, saying its proposed cost cuts were too steep.
Alibaba's Jack Ma: investors and entrepreneurs like husbands and wives
BEIJING (Reuters) - Jack Ma, the founder and executive chair of Alibaba Group Holding, said investors and entrepreneurs can fall out like domestic couples squabbling over their children in a blog post published late on Monday as the Chinese e-commerce juggernaut prepares for its blockbuster initial public offering.
Philippines' Ayala Land to operate mall at $1.2 billion Solaire casino venture
MANILA (Reuters) - Philippine property developer Ayala Land Inc said it has partnered with Bloomberry Resorts Corp to operate a mall at Bloomberry's $1.2 billion Solaire complex, Manila's newest gaming hub, to be opened later this year.
Hillshire to buy Pinnacle, in merger of meat and veggies
(Reuters) - Hillshire Brands Co said on Monday it would buy Pinnacle Foods Inc in a $4.3 billion deal that will combine its lineup of Jimmy Dean sausages and Hillshire lunch meats with Pinnacle's Birds Eye frozen vegetables and Vlasic pickles.
Exclusive: TPG seeks RentPath sale for more than $1.5 billion - sources
NEW YORK (Reuters) - Buyout firm TPG Capital LP is exploring a sale of RentPath Inc in a deal that could value the property listings company, known for its Apartment Guide and Rent.com websites, at more than $1.5 billion, according to people familiar with the matter.
Ackman asks for Allergan's stockholder list
BOSTON (Reuters) - William Ackman plans to communicate with other Allergan shareholders after the Botox maker on Monday rebuffed a bid to be bought by the billionaire investor and Valeant Pharmaceuticals.
Carlyle to sell or float UK dental chain in a 1 billion STG deal: Sky News
(Reuters) - Integrated Dental Holdings, UK's largest privately owned dental chain, will either be put up for sale or floated on the stock market by private equity firm Carlyle Group LP , Sky News reported Monday.
Vantiv to buy Mercury Payment for about $1.65 billion
(Reuters) - Payment processor Vantiv Inc said it would buy Mercury Payment Systems LLC for about $1.65 billion from private equity firm Silver Lake Group LLC to strengthen its presence in the fast-growing market for integrated payment systems.
RBS's Citizens Financial unit files for U.S. IPO
(Reuters) - Citizens Financial Group Inc, the U.S. unit of Britain's Royal Bank of Scotland , filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million.
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