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Sunday, February 5, 2012

GM regains crown as top-selling automaker, Toyota No.3

Posted by Reuters: Business News on January 20, 2012

DETROIT/TOKYO (Reuters) – General Motors Co regained its title as the world’s top-selling automaker from Japanese rival Toyota Motor Corp in 2011, but the U.S. company faces a challenge to stay on top this year as Toyota rebuilds its disaster-struck business.



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Fujifilm: too early to say if it will invest in Olympus

Posted by Reuters: Business News on December 26, 2011

TOKYO (Reuters) – Japan’s Fujifilm Holdings is watching developments at scandal-ridden Olympus Corp but it is too early to say if it will invest in the rival endoscope maker, a senior executive told Reuters in an interview on Monday.



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Martin Marietta makes $4.8 billion bid for Vulcan

Posted by Reuters: Business News on December 12, 2011

NEW YORK (Reuters) – Martin Marietta Materials Inc launched a hostile $4.8 billion all-stock offer to buy larger rival Vulcan Materials Co in a bid to build the world’s largest producer of sand, gravel and other construction materials.



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SemGroup says Plains bid offers no basis for talks

Posted by Reuters: Business News on November 17, 2011

(Reuters) – SemGroup on Thursday again rejected the unsolicited $1 billion bid from rival Plains All American Pipeline , saying the offer does not provide any reasonable basis to begin a discussion.



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Judge says no to Sprint request for AT&T documents

Posted by Reuters: Business News on October 24, 2011

WASHINGTON (Reuters) – Sprint Nextel lost a bid on Monday to get access to masses of AT&T documents that it had hoped to use in its lawsuit aimed at stopping AT&T’s $39 billion acquisition of discount rival T-Mobile.



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Icahn interested in Navistar, Oshkosh merger

Posted by Reuters: Business News on October 21, 2011

(Reuters) – Billionaire investor Carl Icahn wants Navistar International Corp to consider merging with rival Oshkosh Corp , though he has not yet made a formal proposal to either company, several people familiar with the situation said.


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Kinder Morgan to buy El Paso for $21 billion

Posted by Reuters: Business News on October 16, 2011

NEW YORK/HOUSTON (Reuters) – Kinder Morgan Inc struck a $21 billion deal to buy rival El Paso Corp, combining the two largest natural gas pipeline operators in North America in a huge bet on the fast-growing market for that fuel.



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Kinder Morgan to buy El Paso for $21 billion

Posted by Reuters: Business News on

(Reuters) – Kinder Morgan Inc struck a $21 billion deal to buy rival El Paso Corp, combining the two largest North American natural gas pipeline companies and making a big bet on the fast-growing market for that fuel.



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UAW focus shifts to Ford as Chrysler stalls

Posted by Reuters: Business News on September 21, 2011

DETROIT (Reuters) – The United Auto Workers has turned its focus in contract negotiations to Ford Motor Co after progress in talks with smaller rival Chrysler appeared to stall, two people with knowledge of the discussions said on Wednesday.



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Air France-KLM to order Airbus, Boeing jets worth $12 billion

Posted by Reuters: Business News on September 16, 2011

PARIS (Reuters) – Air France-KLM split a $12 billion deal to buy long-range jets between rival manufacturers, announcing firm orders on Friday for 25 Boeing 787 Dreamliners and 25 Airbus A350s.



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