| | U.S. sues to stop AT&T buying Time Warner, says would hike rates | | WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video. |
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| | Broadcom eyes big changes for Qualcomm's patent practices | | SAN FRANCISCO (Reuters) - As part of its $103 billion bid to buy Qualcomm Inc , Broadcom Ltd has hinted that it would make big changes to Qualcomm's patent licensing business, a major cash-cow for the company but a source of bitter conflict with regulators and key customers including Apple Inc . |
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| | WPP accepts Bain's offer for Japan's ADK, says Bain | | TOKYO (Reuters) - Bain Capital LLC on Tuesday said its $1.35 billion offer for Asatsu-DK Inc (ADK) had been accepted by the Japanese company's 25 percent shareholder WPP , after the parties floated the idea of WPP reinvesting at a later date. |
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Cerberus, others seen interested in Creval's turnaround plan: source | | MILAN (Reuters) - U.S. fund Cerberus Capital Management is among potential investors interested in Italian bank Creval's turnaround plan but it is too early to say whether it will also commit to buying into the lender's planned share issue, a source close to the matter said. |
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| | BP seeks stake in Cairn Energy Senegal assets: sources | | SYDNEY/LONDON (Reuters) - Oil exploration company Cairn Energy is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said. |
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