Tracinda to buy 35 percent stake in Delta Petroleum
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Billionaire investor Kirk Kerkorian's Tracinda Corp will pay $684 million to acquire a 35 percent stake in Delta Petroleum Corp , the independent oil and gas company said on Monday.
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Billionaire Kirk Kerkorian's Tracinda Corp. investment firm reported on Wednesday holding a 7.4-percent stake in giant auto maker General Motors Corp. , down from 9.9 percent.
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No. 3 U.S. airline Delta Air Lines Inc.  DAL.N, fighting to avoid bankruptcy, on Wednesday said it  will sell up to 75 million common shares, sparking a 4 percent  drop its stock.
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SYDNEY (Dow Jones)--Xstrata Plc (XTA.LN) said Monday that its A$6.35-a-share cash bid for Australia&#39;s WMC Resources Ltd. (WMR.
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Dow Chemical Co. DOW.N on Monday  said DuPont Co. DD.N will buy its remaining equity stake in  DuPont Dow Elastomers LLC (DDE), a 50/50 joint venture between  the two companies, for $87 million.
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Noble Energy Inc. Thursday said it agreed to acquire Patina Oil &amp; Gas Corp. for about $2.76 billion, plus debt. Denver-based Patina owns oil and gas fields in mainly in Colorado, Texas, Oklahoma and New Mexico.
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Billionaire Kirk Kerkorian's Tracinda  Corp. investment firm on Wednesday said it had sold $462  million of stock in General Motors Corp this week, taking its  stake in the automaker to 7.4 percent from 9.9 percent.
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PARIS : French oil group Total said it had signed an agreement to acquire a 25 percent stake plus one additional share in Russian natural gas producer Novatek, without disclosing the financial terms of the deal.
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Oil major Total SA has signed a draft agreement to purchase a 25 percent stake, plus one share, in the privately held Russian gas producer Novatek, the French company announced Wednesday.
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Transocean Inc. , the  world&#39;s largest offshore driller, said on Monday it would buy  smaller rival GlobalSantaFe Corp. , creating a $53  billion company with a presence in ultra-deepwater and  deepwater drilling and additional growth from new rigs.
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Iberdrola plans to buy the regional utility owner Energy East Corporation for $4.5 billion in cash.
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Cox Enterprises Inc. on Tuesday said  it will purchase Cox Communications Inc.'s COX.N minority  public stake for $8.3 billion, in a move to privatize the  publicly traded cable company and insulate it from the short  term demands of Wall Street.
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Air France-KLM Group ,  Europe's biggest airline, plans to invest in a combined Delta  Air Lines Inc  and Northwest Airlines Corp   carrier in exchange for a board seat, Bloomberg said on its  Website on Wednesday.
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Thomson Corp. TOC.TO said on Friday it  will sell its media division to investment group Investcorp in  a $350 million cash deal that will tighten its focus on  electronic publishing.
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French oilfield services group Compagnie  Generale de Geophysique is to buy Texas-based Veritas DGC Inc.  in a $3.1 billion deal to merge their seismic businesses, the  companies said on Tuesday.
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ENERGY group National Grid Transco is to give shareholders a Â£2bn windfall after announcing the sale of four of its gas distribution networks today.
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The board of casino operator Harrah's Entertainment Inc.  has voted to accept a $90-per-share buyout bid by private equity groups Apollo Management and Texas Pacific Group , the Wall Street Journal reported on Tuesday.