Mergers & Acquisitions

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UPDATE 2-Hedge fund Third Point joined Icahn in pressuring eBay-source

(Adds background and updates share price movement, details in Third Point assets)

UPDATE 1-Brookfield bids for Atlantic City's Revel Casino - WSJ

Sept 30 - An affiliate of Brookfield Asset Management has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.

Brookfield bids for Atlantic City's Revel Casino - WSJ

Sept 30 - An affiliate of Brookfield Asset Management has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.

UPDATE 3-EU says Ireland swapped Apple tax deal for jobs

* EU regulator requests income statements of 2 Apple groups

Third Point hedge fund has big EBay stake, talked with CEO-source

BOSTON, Sept 30 - Hedge fund manager Daniel Loeb's Third Point LLC has taken a "significant" stake in online marketplace EBay Inc and had discussions with its chief executive officer, a source familiar with the matter said on Tuesday.

UPDATE 3-News Corp to buy real estate website operator Move for $950 mln

Sept 30 - Rupert Murdoch's News Corp will buy Move Inc, the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business as advertising revenue from its print business dwindles.

UPDATE 3-EBay follows Icahn's advice, plans PayPal spinoff in 2015

Sept 30 - EBay Inc plans next year to spin off PayPal, its fast-growing payments business, giving in to activist investor Carl Icahn's argument for a leaner company better equipped to compete in the competitive mobile payments market.

UPDATE 1-Johnson & Johnson to buy private drug developer for $1.75 bln

Sept 30 - Johnson & Johnson agreed to pay $1.75 billion in cash to buy privately held Alios BioPharma Inc, which is developing a drug for a respiratory viral infection for which there is no approved treatment.

Stocks, Markets, Healthcare 10:40am EDT

UPDATE 1-Murphy Oil to sell nearly a third of Malaysian assets for $2 bln

Sept 30 - U.S. oil company Murphy Oil Corp said it would sell 30 percent of its oil and gas assets in Malaysia for $2 billion in cash to Indonesian state-oil company Pertamina as it cuts overseas holdings to focus on an improving home market.

Financials, Stocks, Markets 10:10am EDT

Murphy Oil to sell nearly a third of Malaysian assets for $2 bln

Sept 30 - U.S. oil company Murphy Oil Corp said it would sell 30 percent of its oil and gas assets in Malaysia for $2 billion in cash to Indonesian state-oil company Pertamina as it cuts overseas holdings to focus on an improving home market.

Stocks, Markets, Financials 9:37am EDT
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Is U.S. economic patriotism hurting?

Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.

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