MetLife seen near sale of Hub invest unit
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MetLife Inc. is in late-stage negotiations to sell one of Boston's oldest investment firms, State Street Research &amp; Management Co., to another New York financial giant, BlackRock Inc., according to two executives briefed on the talks.
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Shares in the Australian subsidiary of Metoz, formerly Metro Cash &amp; Carry, yesterday jumped 15 percent as investors anticipated its takeover target, Foodland
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With a premium valuation, now might be the time to consider selling.
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Atlanta-based Cingular Wireless agreed to sell some if its airwaves in Dallas and Detroit to MetroPCS for $230 million. If regulators approve the deal, it&#39;s expected to close in the first quarter,.
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Business & money: Cable company says it has received a takeover bid and is considering potential sale.
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THERE&#39;S a sense of deja vu about the Metcash takeover offer for Western Australia-based Foodland Associated, because if Andrew Reitzer and his management team can pull it off it may finally create a competitive national &quot;third force&quot; in retailing to take
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U.S. and European banks including  Citigroup Inc  and HSBC Holdings PLC  are mulling  sales of parts of their businesses from branches to entire  units in a nod to crunch times ahead, the Wall Street Journal  reported on its Web site on Thursday.
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Shares in the retailer (UK:HMV: news, chart, profile) were last up 3 percent to 253.5 pence in London trade. HMV said it will invest around 10 million pounds to launch and market the online digital music store
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A long-anticipated merger may soon come true.
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The New York Times Co. , owner of The Boston Globe, said it will buy a 49 percent stake in Metro Boston, the free newspaper distributed to commuters.
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US investment fund Steel Partners II on Thursday offered to buy 90 percent of Gencorp Inc. (GY.N: Quote, Profile, Research) it does not already own for about $700 million
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Singapore real estate investment trusts such as CapitaMall Trust may outperform the market this year as acquisitions of shopping malls and industrial buildings bolster rental income.
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MetLife Inc. on Monday agreed to acquire Travelers Life & Annuity from Citigroup Inc. for &#36;11.5 billion, bolstering its product reach while sounding Citigroup's retreat from the one-stop financial supermarket concept.
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Vivendi&#39;s unit plans to buy out the rap star and his partners from Roc-A-Fella Records, report says. NEW YORK (CNN/Money) - Universal Music Group is close to a deal to buy out the rapper and producer Jay-Z
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Cerberus Capital Management is near a $4 billion deal to buy United Rentals Inc. , the largest equipment rental company by fleet size, for $34.50 a share, the Wall Street Journal reported on Monday.
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South Africa's biggest retail bank says it is close to announcing a deal for Barclays to take a majority stake in its business.
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The supermarket chain looks likely to ring up profits for investors, but they should wait for a sale.