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Loss-making Abu Dhabi tourism company sells development
ReutersDUBAI, June 17 (Reuters) - A joint venture between Abu Dhabi investment fund Mubadala and U.S.-based Prudential Financial has bought a newly built residential development on Saadiyat Island from the emirate's loss-making tourism development company....Tags: Travel, Joint Ventures, Real Estate Sellers, Economy, Business and Finance, Restructuring and Recapitalization
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Smithfield Foods could do better than Chinese deal, investor says
Smithfield Foods Inc. may be worth less as a whole than its separate parts, according to an activist investor asking the Virginia pork giant this week to reconsider its recent $4.7-billion sale to a Chinese meat producer. Last month, Shuanghui...
Tags: Mergers, Acquisitions and Takeovers, China, Economy, Business and Finance, Smithfield, Smithfield Foods
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Louis Dreyfus says chief executive Serge Schoen resigning
ReutersJune 17 (Reuters) - Serge Schoen, chief executive officer of Louis Dreyfus Commodities, one of the world's largest agricultural traders, is resigning as of June 30, the company said on Monday. Schoen was appointed as chief executive in 2005, the company'...Tags: Economy, Business and Finance, Corporate Officers
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Google settlement clears way for new Class C stock
Reuters(Reuters) - Google Inc has settled a shareholder class action lawsuit that clears the way for the company to issue a new class of nonvoting stock, giving the company a currency for acquisitions that would not dilute the founders' control. The online...Tags: Shareholders, Google Inc., Trials, Crime, Law and Justice, Economy, Business and Finance
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Bruce Rosenblum joins Legendary Entertainment
Legendary Entertainment has a new man of steel. Monday, the closely held entertainment company announced that it has tapped Bruce Rosenblum, the former top television executive at Warner Bros., to be its president of television and digital media....Tags: Warner Bros. Entertainment, Inc., Folklore and Mythology, Clash of the Titans (movie), Economy, Business and Finance, Pacific Rim (movie)
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Supreme Court rules for generics in AbbVie 'pay for delay' case
Tribune NewspapersWASHINGTON -- Stemming from a case involving a male hormone from AbbVie Inc, the Supreme Court ruled Monday that brand-name drug makers can be sued if they pay a potential competitor to put off selling a generic version. The 5-3 decision based on...Tags: Abbott Laboratories, Watson Pharmaceuticals Incorporated, Economy, Business and Finance, International Law, Antitrust Issues
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SeaWorld pays its 1st shareholder dividend
As promised in the lead-up to its initial public offering, SeaWorld Entertainment Inc. declared its first quarterly dividend last week, paying stockholders 20 cents for every share they own. It's the first installment of what Orlando-based SeaWorld says...
Tags: Elections, Trips and Vacations, Amusement and Theme Parks, Personal Data Collection, Chile
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RPT-ANALYSIS-Why bankrupt W.R. Grace is thriving
Reuters(Repeats June 16 story for wider distribution) By Ernest Scheyder and Nick Brown COLUMBIA, Md./NEW YORK, June 16 (Reuters) - A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S....Tags: Shareholders, Sealed Air Corporation, Environmental Issues, Economy, Business and Finance, Financially Distressed Companies
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Chesapeake hires former SEC lawyer as compliance officer
ReutersHOUSTON (Reuters) - Chesapeake Energy Corp on Monday named as chief compliance officer a lawyer the oil and gas company had previously hired to respond to an investigation by the Securities and Exchange Commission. Patrick Craine, a partner with the...Tags: Lawyers, U.S. Securities and Exchange Commission, Petroleum Industry, Aubrey K. McClendon, Crime, Law and Justice
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Supreme court says FTC can sue over deals that delay generic drug sales
ReutersWASHINGTON (Reuters) - The Supreme Court ruled on Monday regulators can challenge deals between brand-name drug companies and generic rivals that delay cheaper medicines from going on sale, which regulators say increase costs to consumers by billions of...Tags: Litigation and Regulation, Economy, Business and Finance, International Law, Litigation, Antitrust Issues
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UAE revives bourse merger proposal after huge aluminium deal -sources
Reuters* Proposal has been discussed on and off for years * Now being looked at again as emirates seek efficiencies * Could boost turnover, attract foreign institutions * Aluminium merger showed emirates ready to cooperate * Goldman Sachs has been adviser...Tags: Morgan Stanley Dean Witter & Company, Mergers, Acquisitions and Takeovers, Goldman Sachs Group, Inc., Economy, Business and Finance, Financial Markets
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Sprint sues Dish, Clearwire as key deadline looms
Reuters(Reuters) - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp. The lawsuit filed on...Tags: Shareholders, Economy, Business and Finance, Litigation, John Paulson, Leveraged Buyouts
Jun 17, 2013
|Story| Reuters
Jun 17, 2013
|Story| Los Angeles Times
Jun 16, 2013
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Jun 17, 2013
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Jun 17, 2013
|Story| Los Angeles Times
Jun 17, 2013
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Jun 17, 2013
|Story| Orlando Sentinel
Jun 17, 2013
|Story| Reuters
Jun 17, 2013
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Jun 17, 2013
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Jun 17, 2013
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Jun 17, 2013
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