According to Reuters, Avaya (AV) will be purchased by private equity firms TPG Capital and Silver Lake for $8.2 billion
Reuters writes that GE (GE) is looking at buying financial services properties in Belgium.
Reuters reports that Intel (INTC) and motherboard maker Asustek Computer to build a $200 notebook computer for children in developing nations.
Reuters also reports that Loews (LTR) will buy assets of natural gas company Dominion Resource (D) for $4 billion.
Reuters also writes that Sea Carrier, which trades through NYSE electronic systems SuperDOT is filing a $4 billion lawsuit against NYSE (NYX) and others for providing worse prices on trades executed through its electronic SuperDOT system than those handled by floor traders.
The Wall Street Journal writes that Amazon (AMZN) will increase its presence in China where it has not done as well as its chief local competitor.
The WSJ also writes that Google (GOOG) and Salesforce (CRM) are teaming to fight Microsoft (MSFT) in the sales software business.
The WSJ also reports that Oracle (ORCL) appears to be doing better in the small and mid-sized company market than rival SAP (SAP).
The New York Times reports that Warner Music Group (WMG) is starting a website that will allow anyone to listen to its music for free.
The FT reports that Rupert Murdoch’s discussions with the family that owns Dow Jones (DJ) were constructive.
Barrons’s reports that a possible plan by Time Warner (TWX) to release films on VOD at the same time as DVD could hurt NetFlix (NFLX) and Blockbuster (BBI).
Douglas A. McIntyre
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