Leaf buyout edging closer
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Fueled in part by election-year politics, a bill loaded with tax breaks and topped off by a $10.1 billion buyout for tobacco farmers was advancing toward a final vote in the House as early as today.
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Management leads a $4.7 billion buyout bid. Are other bids on the way?
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If approved, the deal would be Canadaâs largest takeover and among the largest leveraged buyouts in history.
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Two Vancouver businessmen are set to buy the Vancouver Canucks National Hockey League team, a newspaper reported on Tuesday. Citing sources close to the deal, the Vancouver Sun said Tom
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Furniture business MFI is close to finalising the sale of its loss-making retail arm to a private equity group.
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Investors might want to wait a while as this company digests its large acquisition.
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Business & money: Proposed Â£10.6bn takeover of supermarket group moves a step closer.
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The transaction, between the company and a group of private investors, would be one of the biggest deals to take a company private
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Freescale Semiconductor Inc. FSL.N   said on Monday in a statement that it was in talks regarding a   "possible business transaction" after the New York Times   reported that it was nearing a $16 billion buyout with private   equity firms.
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The company may be hinting at going public.
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Global miner Rio Tinto was near a deal  to buy Canadian aluminum giant Alcan Inc. for about $100 per  share, or $37 billion, The Wall Street Journal Online reported  on Thursday.
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Japan Tobacco Inc. said on Friday it was in talks to buy smaller rival Gallaher Group Plc after sources close to the matter said the world's third-biggest cigarette group had made a 7.5 billion pound ($14.7 billion) cash offer for Gallaher.
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AT&amp;T Wireless has inched ever so closer to shedding its stake in Rogers Wireless. The carrier has reached a tentative agreement with partner Rogers Communications to sell its 34 percent stake.
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The owners of Fan Pier reached out to one of the losing bidders for the property over the last week to see whether the firm was still interested in the land, in case the winning team led by Lennar Corp. doesn't close the deal.
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Los Angeles investor Mark L. Attanasio appears to be close to an agreement to buy the Milwaukee Brewers from the family of baseball commissioner Bud Selig.
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BOLSTERED by investors, Oracle appears set to complete its long-sought takeover of PeopleSoft, unless its rival proves it is worth more than the $US9.2 billion ($11.7 billion) bid currently on the table.
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Alcan Inc , which is fending off a hostile $28.8 billion bid from U.S. rival Alcoa Inc , is closer to arranging a rival friendly deal and is expected to make an announcement this week, according to sources familiar with the situation.