| UPDATE 4-CIT talks to top banks; bankruptcy still feared * Bondholders to hold conference call Saturday * Talks turn to DIP financing - reports * CIT shares moderate gains, bonds up (Adds CIT's removal from S&P 500) ...[more] |
| UPDATE 1-Kosmos Ghana bid deadline extended - sources NEW YORK, July 17 (Reuters) - The bid deadline for private equity-backed Kosmos Energy's Ghanaian oil interests has been extended and another date will be announced within the next 30 days, ...[more] |
| UPDATE 2-UnitedHealth in talks for Health Net unit--sources * Shares of Health Net close up 8.97 percent (Adds UnitedHealth declines comment, updates stock activity) PHILADELPHIA, July 17 (Reuters) - Insurer UnitedHealth Group Inc () is in ...[more] |
| MERGERS/DEALS (UPDATE 2) ** The European Commission gave a cautious response to fresh antitrust concessions by Lufthansa () over its planned buy of Austrian Airlines (), but the market proved less reticent, sending ...[more] |
| UPDATE 1-CoolBrands wins complaint case, shares jump ) soared as much as 22 percent on Friday after a U.S. court dismissed a complaint by Capricorn Investors III LP against the frozen-desserts maker. CoolBrands shares were up 4.5 percent ...[more] |
| UnitedHealth in talks for Health Net unit-sources ) is in talks to buy the Northeastern operations of rival Health Net Inc (), sources familiar with the situation said on Friday. The discussions still could fall apart without an a ...[more] |
| UPDATE 5-Citigroup losses masked by Smith Barney gain * Citicorp earned $3.06 billion, fueled by trading * Citigroup shares little changed * Credit costs surge 81 pct to $12.4 billion (Adds detail, background, writes through) ...[more] |
| UPDATE 3-Golden Gate Capital wins Eddie Bauer auction By Tom Hals WILMINGTON, Del., July 17 (Reuters) - Golden Gate Capital won an auction for Eddie Bauer Holdings Inc () with a $286 million cash bid and agreed to keep open most of its ...[more] |
| UPDATE 1-People's United says open to FDIC-assisted deals * Says targets banks not willing to sell * Sees FDIC assessment to range from $4 mln to $5 mln July 17 (Reuters) - People's United Financial Inc () says it is open to Feder ...[more] |
| UPDATE 1-EU clears Pfizer's buy of Wyeth with conditions * U.S. regulatory approval still pending (Adds details, Pfizer comment) BRUSSELS, July 17 (Reuters) - European Union antitrust authorities cleared U.S. drugmaker Pfizer Inc's () $6 ...[more] |
| EU clears Pfizer's buy of Wyeth with conditions ) $68 billion takeover of rival Wyeth WYE.N on Friday subject to conditions, notably the divestment of animal vaccines. "The Commission had concerns that the transaction, as origin ...[more] |
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