No Harrah's board decision on bids Thursday, source says
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No decision was expected on Thursday by the Harrah's Entertainment Inc.  board on offers worth $15.5 billion or more for the world's largest casino company, a person familiar with the matter said.
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Authorities on Tuesday spurned a new bid by an anti-war group to stage the biggest rally of the Republican convention in Central Park after activists rejected a site chosen by New York police.
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SYDNEY/LONDON  - Mining giant BHP Billiton Ltd.   is not currently working on a bid for U.S. aluminum producer Alcoa Inc , a source close to the matter said on Tuesday, playing down a newspaper report.
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Britain's biggest buy-to-let lender Bradford & Bingley Plc (B&B) denied a report it was considering a bid for part of troubled lender Northern Rock Plc.
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The Yahoo board has decided to reject Microsoft's unsolicited $44.6 billion cash-and-stock buyout bid, a source close to the discussions said, setting the stage for what could be a prolonged takeover battle between the two tech companies.
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Yahoo Inc  is set to reject  Microsoft Corp's  unsolicited bid, now worth $42  billion, as too low, a source familiar with the situation told  Reuters on Saturday -- the first clear signal the board might  be prepared to negotiate and sell the Internet media giant.
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The aluminum producer Alcoa said in a statement that it would continue to pursue its $27.4 billion cash and stock bid for a rival, Alcan, despite the Canadian companyâs rejection of the offer. But Alcoaâs chairman and chief executive, Alain J. P. Belda, said that the company would not enhance the proposal, which Alcan called inadequate. âWe have studied Alcanâs response and have not seen anything that would lead us to re-evaluate our offer,â Mr. Belda said. He also rejected suggestions by Alcan that Alcoa would have difficulty obtaining antitrust approval for the merger and urged Alcanâs board to resume its examination of the bid.
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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.
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State-owned Sberbank's   supervisory board postponed a decision on a share issue that  would be worth $8.7 billion at current prices, a senior finance  ministry official told Reuters on Tuesday.
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America West Holdings Corp.  on Thursday said it would not bid for assets of bankrupt carrier ATA Airlines, saying the value does not justify the cost.
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Rio Tinto  , the world's second-largest mining group, on Tuesday dismissed talk that it was lining up a bid for Canadian aluminum maker Alcan  as speculation, but did not to deny the rumor outright.
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Yahoo Inc is set to reject Microsoft Corp's unsolicited bid, now worth $42 billion, as too low, a source familiar with the situation told Reuters on Saturday -- the first clear signal the board might be prepared to negotiate and sell the Internet media giant.
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America West Holdings Corp., parent of America West Airlines Inc., on Thursday said it does not plan to submit a bid to acquire bankrupt ATA Holdings Corp.
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The London Stock Exchange  reiterated on Tuesday its rejection of a 2.7 billion pound ($5.3 billion) bid from U.S. rival Nasdaq Stock Market Inc .
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The board of Harrah's Entertainment Inc. has accepted a $90-per-share buyout bid from private equity groups Apollo Management and Texas Pacific Group, the casino operator said on Tuesday.
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US equity fund Newbridge Capital Ltd., which is selling Korea First Bank, yesterday postponed its anouncement of a preferred bidder, indicating that it is having difficulty setting the sale price with HSBC Holdings Plc and Standard Chartered Plc.
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Citadel Investment Group is not negotiating to buy Bank of America's  prime brokerage unit, a source close to Citadel said, throwing cold water on a media report the hedge fund firm has inspected the bank's books.