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09/11/2014
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
EMC considers selling stake in VMware: NY Post
(Reuters) - Data storage products maker EMC Corp has decided to consider selling its stake in its virtualization software unit, VMware Inc, New York Post reported, citing sources familiar with the situation.
Twitter to raise $1.3 billion through debt offerings
(Reuters) - Twitter Inc said it plans to raise $1.3 billion by issuing convertible senior notes, its first debt offering since its market debut in November.
Dollar General goes hostile with Family Dollar bid
(Reuters) - Dollar General Corp took its $9.1 billion offer for Family Dollar Stores Inc hostile, directly approaching the shareholders of its smaller rival after being spurned twice by the company.
Food retailer Smart & Final expects IPO to be priced at $12 to $14 per share
(Reuters) - Food retailer Smart & Final Stores Inc, backed by private equity firm Ares Management LP , expects its initial public offering of common stock to be priced between $12 and $14 per share.
RadioShack restructuring begins to takes shape
(Reuters) - Troubled electronics retailer RadioShack Corp , whose shares swung wildly on Wednesday, is being advised by a restructuring attorney at law firm Jones Day as it tries to strike a deal with creditors to close stores while averting bankruptcy, two people close to the matter told Reuters.
Atlantic City's Revel casino reaches $90 million sale deal
(Reuters) - Atlantic City's Revel casino-hotel, which closed earlier this month after filing for bankruptcy, reached a deal to sell itself to a Florida developer for $90 million in cash, a fraction of the billions of dollars it cost to build.
Philips, IBA strike partnership deal for cancer centers
BRUSSELS (Reuters) - Philips and Belgium's Ion Beam Applications announced a partnership on Thursday designed to combine IBA's cancer-therapy technology with Philips' medical imaging systems.
UBS chairman says smaller banks to merge, large banks already too big
FRANKFURT (Reuters) - Swiss bank UBS's chairman Axel Weber expects mergers among smaller banks in Europe, mainly in the retail sector, while larger lenders were less likely to join up due to regulatory concerns.
Network gear maker JDS Uniphase to split into two
(Reuters) - Network gear maker JDS Uniphase said it would split into two separate public companies as it looks to expand in the data communication market and strengthen its network business.
Mexico's Salinas to buy Televisa Iusacell stake for $717 million
MEXICO CITY (Reuters) - Mexico's Grupo Salinas said on Wednesday its chairman will buy out its partner Grupo Televisa's 50 percent stake in the country's No. 3 wireless operator Iusacell for $717 million and seek a strategic partner to build up the carrier.
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