At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once again. Video
NEW YORK - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and would instead focus on its tender offer for Clearwire Corp.
WASHINGTON - Small business optimism rose to a one year-high in May, a hopeful sign for an economy that has hit a soft patch.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Several private equity funds in bid talks with Sorin: sources
MILAN (Reuters) - At least three private equity funds, including Charterhouse Capital Partners, are in bid talks with Italy's biomedical group Sorin (SORN.MI), two sources close to the situation told Reuters on Thursday.
Italian daily la Repubblica reported that Charterhouse had offered 2 euros per share to buy the group, but the sources said there had been no formal offer from the fund.
"There is an interest from several players," one of the sources said.
Sorin shares were suspended for excessive volatility, and were indicated 15 percent higher at 1.7510 by 0745 GMT.
(Reporting By Massimo Gaia)
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