Business

(Reuters) – Broadcom Ltd made an $18.9 billion bid for software firm CA Inc on Wednesday, the latest in the company’s acquisition spree aimed at diversifying beyond semiconductors. FILE PHOTO: Hock Tan, CEO of Broadcom, speaks on the floor of the New York Stock Exchange shortly before the opening bell in New York, U.S., February
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LONDON (Reuters) – Comcast Corp (CMCSA.O) on Wednesday raised its all-cash offer for Britain’s Sky (SKYB.L) to $34 billion, topping a raised bid of $32.5 billion for the pay-TV group from Rupert Murdoch’s Twenty-First Century Fox (FOXA.O). Fox, which has been trying to buy the pan-European group since December 2016, offered to pay 14 pounds
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LONDON (Reuters) – Rupert Murdoch’s 21st Century Fox (FOXA.O) said it had agreed to buy Britain’s Sky (SKYB.L) in a deal valuing the pay-TV group at $32.5 billion, trumping a rival offer from U.S. group Comcast (CMCSA.O). FILE PHOTO: The 21st Century Fox logo is displayed outside the News Corporation building in the Manhattan borough
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(Reuters) – The U.S. Securities and Exchange Commission on Tuesday charged the former chief executive of Heartland Payment Systems Inc and his romantic partner with insider trading ahead of the payment processor’s $4.3 billion takeover by Global Payments Inc (GPN.N). FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall
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AIX-EN-PROVENCE, France (Reuters) – IMF Managing Director Christine Lagarde said on Saturday that a proposed joint euro zone budget could be designed with conditions so that it does not become a no-strings-attached transfer of rich countries’ cash to poorer members. FILE PHOTO: International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at the Foreign Policy
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