According to Reuters, private equity firm Cerberus has won the bidding for DaimlerChrysler (DCX) US unit, Chrysler Motors.
Bloomberg reports that the Ford family is considering selling some of its controlling interest in Ford (F).
Reuters reports that a group of banks, lead by RBS, have bid $24.5 billion for ABN Amro (ABN) unit LaSalle Bank.
Reuters reports that the controlling shareholder of Reuters (RTRSY) will back the company’s sales to Thomson (TMS).
Reuters writes that Microsoft (MSFT) has unveiled phones and headsets which will work with its e-mail and VoIP software. Samsung and NEC (NIPNY) were some of the companies that will build thes devices.
Reuters writes that AMD (AMD) released a powerful new graphics chip and showed its four processor chip in the hope of regaining some momentum from Intel (INTC).
The Wall Street Journal writes that Mylan (MYL) has agreed to but the generic drug business of Merck KGaA for $6.6 billion.
Saudi Arabian Oil and Dow Chemical (DOW) will build a new $22 billion petrochemicals complex in eastern Saudi Arabia, according to WSJ
The WSJ reports that Wal-Mart (WMT) will begin to sell Skype-enabled phones in 1,800 of its stores.
The New York Times reports that the slim margins at The Wall Street Journal have helped open the door for Rupert Murdoch’s bid for Dow Jones (DJ).
FT reports that the huge volume of KKR buy-outs, over $122 billion this year, is raising concerns that the firm is expanding its portfolio too fast.
Barron’s writes that Goldman Sachs (GS) ranked first among 500 companies it rated for profit growth, stock performance and cash flow.
Douglas A. McIntyre
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