Mergers & Acquisitions

UPDATE 6-Zynga, seeking salvation, names Microsoft Xbox head as CEO

* Zynga business model flailing due to rise of mobile games

Market Chatter-Corporate finance press digest

July 2 - The following corporate finance-related stories were reported by media on Tuesday:

PRESS DIGEST - British Business - July 2

July 2 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

PRESS DIGEST - Financial Times - July 2

July 2 - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Japan, Canada investors to buy U.S. power plant for $2 bln-Nikkei

TOKYO, July 2 - A consortium including Mitsubishi Corp and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly 200 billion yen ($2.01 billion), the Nikkei business daily reported on Tuesday.

Deals of the day -- mergers and acquisitions

July 1 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Bonds News, Bonds, Markets 01 Jul 2013

Kohlberg to take Steinway Musical private in $438 mln deal

July 1 - Steinway Musical Instruments Inc said it would be acquired by private equity firm Kohlberg & Co in a deal valued about $438 million.

Intuit to sell financial services unit for $1 bln

July 1 - Intuit Inc said it would sell its financial services unit to private equity firm Thoma Bravo for $1.03 billion as it focuses on its core tax-preparation software business.

Deals

M&A ($B)

 
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