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Thursday, May 22, 2014

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05/22/2014
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
Siemens CEO vows to hold on to parts of rail business
FRANKFURT (Reuters) - German engineering group Siemens wants to hold on to at least some parts of its rail business in any deal with French rival Alstom, its chief executive said on Thursday.
TV picture looks fuzzy for consumers in AT&T-DirecTV deal
(Reuters) - AT&T Inc's planned takeover of DirecTV has been touted as a deal that will redefine video and broadband, but translating that to reality for a potential 70 million subscribers could take a while.
Marathon Petroleum to buy Hess's retail, transport business
(Reuters) - Refiner Marathon Petroleum Corp said it would buy oil and natural gas producer Hess Corp's retail business for about $2.87 billion.
Goldman to sell designated market-maker unit to IMC
(Reuters) - Goldman Sachs Group Inc will sell its rights to operate as a designated market maker in more than 600 New York Stock Exchange-listed stocks to Dutch high-speed trading firm IMC Financial Markets, IMC and NYSE said.
GE CEO Immelt says still expects to close Alstom deal
(Reuters) - General Electric Co Chief Executive Jeff Immelt said on Wednesday that GE is still going to "work constructively" with the French government on its bid for the power business of Alstom and that he expects the deal to close.
Blackstone, TPG to bid for UK mortgage lender Kensington: Sky News
(Reuters) - Blackstone Group LP and TPG Capital Management LP are expected to make a combined offer for Kensington, one of Britain's biggest specialist mortgage lenders, Sky News reported on Wednesday.
China's Citic Telecom eyes undersea cable JV with Reliance Comm: FT
NEW DELHI (Reuters) - China's Citic Telecom is in exclusive talks to buy into undersea cable assets of India's Reliance Communications Ltd , the Financial Times reported on Thursday, citing unnamed people familiar with the talks.
UK retailer B&M seeks to list shares in busy day for London offerings
LONDON (Reuters) - British discount retailer B&M is to list shares on the stock market , the biggest of four companies to announce plans for London initial public offerings (IPOs) on Thursday.
Starboard set to launch fight to take over Darden board-source
(Reuters) - Starboard Value LP is launching a fight to take over the board of Darden Restaurants Inc , saying the planned sale of Darden's Red Lobster seafood chain is "a value-destructive transaction" that ignores the rights of shareholders.
China's Bright Food to buy control of Israel's Tnuva to boost dairy sales
SHANGHAI/TEL AVIV (Reuters) - China's Bright Food Group Co Ltd has struck a deal to buy control of Israel's largest food company, gaining new products and technology as it chases rivals that have overtaken it in China's fast-growing cheese and dairy markets.
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