 | Cablevision close to getting Newsday
A person with knowledge of the situation says the cable TV provider is close to buying the Long Island newspaper from Tribune Co. for $650 million.
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 | Company plans to buy Powermate
An Italian company has agreed to buy the Aurora, Illinois-based power equipment manufacturer for $6.6 million.
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 | Icahn prepared to buy Circuit City if Blockbuster can't
Circuit City Stores says it will allow video-rental chain Blockbuster, and its largest shareholder Carl Icahn, to review its books in connection with Blockbuster's bid to buy the consumer electronics retailer.
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 | Banking giant to shed $500B in assets
Citigroup says it wants to shed about 500 billion dollars in assets, while growing revenue by 9 percent over the next few years. It is trying to rebound from massive losses linked to slumping mortgage and credit markets.
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 | Diageo brews Irish Guinness overhaul
Some workers employed by Ireland's Guinness beer company, parented by Diageo PLC may lose their jobs.
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