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Tuesday, June 10, 2014

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06/10/2014
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
If Sprint buys T-Mobile, it may have to slash prices: analysts
WASHINGTON (Reuters) - If Sprint Corp acquires T-Mobile US Inc, it could save up to $6.6 billion on network, equipment and operating costs, but it will have to slash its prices to match the target company's steep discounts, analysts said on Monday.
Exclusive: New Zealand tycoon mulls $5 billion sale of SIG - sources
NEW YORK (Reuters) - New Zealand's richest man, Graeme Hart, is exploring a sale of SIG Combibloc Group Ltd that could value the world's second largest maker of drink cartons at around $5 billion, according to people familiar with the matter.
Family Dollar adopts poison pill after Icahn sparks sales talk
(Reuters) - Family Dollar Stores Inc adopted a poison pill to buy time to consider any possible deal that activist investor Carl Icahn could push for after becoming its largest shareholder.
China IPO market resumes after four-month hiatus
SHANGHAI (Reuters) - Seven Chinese firms launched mainland initial public offerings on Tuesday, marking a resumption of China's IPO market after a four-month hiatus.
Tyson wins bid for Hillshire in battle of meat titans
(Reuters) - Tyson Foods Inc won the bidding war for Hillshire Brands Co with an all-cash offer that values the maker of Jimmy Dean sausages at $8.55 billion and would be the biggest deal yet for the global meat business.
Time Warner in talks to buy stake in Vice Media: Sky News
(Reuters) - Time Warner Inc is in talks to buy a major stake in Vice Media, valuing the media company at about $2.2 billion, Sky News reported, citing sources.
Iliad's informal bid for Bouygues Telecom misses the mark: Bloomberg
(Reuters) - French low-cost telecoms operator Iliad SA made an informal offer in recent weeks to buy rival Bouygues Telecom that did not meet the asking price of conglomerate parent Bouygues SA , Bloomberg reported, citing sources familiar with the matter.
Exclusive: Slot machine maker International Game Technology eyes sale - sources
NEW YORK (Reuters) - International Game Technology , a Las Vegas-based slot machine maker, has hired Morgan Stanley to explore a sale as the gaming industry pursues consolidation to combat slow growth, people familiar with the matter said on Monday.
Merck & Co to buy Idenix to boost hepatitis C drugs portfolio
(Reuters) - Merck & Co Inc MRK.N said Monday it would buy Idenix Pharmaceuticals Inc IDIX.O for $3.85 billion and plans to combine the two companies' most promising drugs to produce a faster, more effective cure for hepatitis C.
U.S. billionaire Wilbur Ross to sell landmark Bank of Ireland investment
LONDON/DUBLIN (Reuters) - U.S. billionaire Wilbur Ross will sell his entire holding in Bank of Ireland (BoI) three years after his pioneering investment kept the struggling bank out of state hands, but he said he remained confident about its prospects.
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