UPDATE 1-Market Chatter - Corporate finance press digest

Fri Oct 5, 2012 2:09am EDT

Oct 5 (Reuters) - The following corporate finance-related story was reported by media on Friday:

* Apollo Global Management LLC is proposing a merger of its Core Media Group and Endemol, the TV production house behind "Big Brother", a Wall Street Journal report said.

* China's Huawei Technologies Co Ltd has reached out to investment banks for advice on an initial public offering, the Wall Street Journal reported.