Bidding War

A Yahoo logo is displayed on a monitor in this photo illustration in Encinitas, California, April 16, 2013. REUTERS/Mike Blake/Files

Yahoo joins growing list of bidders for Hulu: sources

Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co , two sources with knowledge of the bid told Reuters on Friday.  Full Article 

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Dell says proposed offer shifts risks of business to buyer group

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Prime Minister Manmohan Singh greets delegates as he attends the silver jubilee celebrations of market regulator Securities and Exchange Board of India (SEBI) in Mumbai May 24, 2013. REUTERS/Danish Siddiqui

India this week

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SAN FRANCISCO | Sat Feb 9, 2013 4:53am IST

SAN FRANCISCO (Reuters) - Dell Inc (DELL.O) on Friday, responding to independent investment fund Southeastern Asset Management, said the proposed buyout deal offers immediate premium for stockholders and shifts the risks facing the business to the buyer group.

"The Board concluded that the proposed all-cash transaction is in the best interests of stockholders," Dell said in a statement.

(Reporting By Poornima Gupta)
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