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PC World via Yahoo! News - Thu Dec 3, 4:40 pm ET
A long-rumored merger has finally become a reality. Comcast and General Electric announced Thursday morning they would enter into a partnership venture that would merge NBC Universal with Comcast's cable networks, regional sports networks and other properties. Comcast would own 51 percent of the new venture, GE would own 49 percent, and the new entity would be managed by Comcast.
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BillingWorld - Fri Dec 4, 5:04 pm ET
Cisco Systems Inc. (CSCO) stocks closed up on Friday on word it has snared the necessary TANDBERG shareholder commitments to buy the Norway-based company.
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9 News Denver - Fri Dec 4, 4:33 pm ET
WASHINGTON (AP) - Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC Universal's broadcast network, cable channels and movie studios.
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New York Times - Thu Dec 3, 3:56 pm ET
The bidding war between Peet’s Coffee & Tea and Green Mountain Coffee Roasters over Diedrich Coffee is a fine example of how deal makers structure takeover transactions to meet their clients’ needs.
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Law.com via Yahoo! Finance - Fri Dec 4, 3:02 am ET
A fight may be brewing between antitrust regulators at the Department of Justice and the FTC over review of the $30 billion Comcast/NBC deal announced Thursday. The merger review is all but certain to be high-profile, and has already triggered statements from members of Congress about potential anti-competitive effects.
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Law.com via Yahoo! Finance - Fri Dec 4, 3:02 am ET
A federal magistrate judge in Philadelphia who brokered a global settlement in the wake of the ugly breakup of class action powerhouse Cohen Milstein Hausfeld & Toll in Washington, D.C., has now declared that lawyers on both sides acted in "bad faith" and violated the terms of the settlement.
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Law.com via Yahoo! Finance - Fri Dec 4, 3:02 am ET
Prime brokers who allegedly collude in setting fees to acquire and sell hard-to-borrow securities for short sellers cannot be sued in federal court for violating the Sherman Act, the 2nd U.S.
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Bloomberg - Fri Dec 4, 2:56 am ET
Dec. 4 (Bloomberg) -- Panasonic Corp. is in talks with about 10 automakers to supply lithium-ion batteries as demand for energy-efficient vehicles grows, following its planned purchase of rechargeable-battery maker Sanyo Electric Co.
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Bloomberg - Fri Dec 4, 2:48 am ET
Dec. 4 (Bloomberg) -- The U.S. and Japan will try to reach agreement on the draft of an “Open Skies” treaty next week, clearing the way for carriers such as United Airlines and All Nippon Airways Co. to seek antitrust immunity.
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San Jose Mercury News - Fri Dec 4, 10:47 am ET
Cisco Systems said Friday it now has enough shares and shareholder commitments to take over Norway's Tandberg, the world's largest videoconferencing-equipment maker.
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InfoWorld - Fri Dec 4, 3:00 pm ET
Microsoft has revamped the browser ballot screen demanded by European Union antitrust regulators and may get final approval as early as Dec. 15, a source familiar with the case told Computerworld today.
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Los Angeles Times - Fri Dec 4, 1:34 am ET
Politicians and consumer activists call for intense scrutiny of the proposed $30-billion merger. The proposed marriage of Comcast Corp., the nation's largest cable and broadband provider, with NBC Universal, a Hollywood powerhouse, presents the Obama administration with its first big chance to weigh in on the controversial issue of media consolidation.
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Reuters via Yahoo! News - Thu Dec 3, 2:05 pm ET
Comcast Corp's NBC Universal deal faces a long and intense regulatory review that could end in approval only after the cable giant agrees to give rivals access to NBCU's television shows and movies, experts said on Thursday.
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EETimes Supply Network - Fri Dec 4, 1:34 pm ET
Intel Corp.'s legal woes continue. The U.S. Federal Trade Commission (FTC) is expanding its probe against Intel, according to BusinessWeek and other outlets.
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Marketwire - Fri Dec 4, 5:42 pm ET
CALGARY, ALBERTA--(Marketwire - Dec. 4, 2009) - ALL AMOUNTS ARE STATED IN U.S.$ Agrium Inc. (TSX:AGU) (NYSE:AGU) announced today that it has withdrawn and subsequently re-filed its notification and report form under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Form) relating to Agrium's proposed acquisition of CF Industries Holdings, Inc. (NYSE: CF). As previously announced, Agrium ...