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Exclusive: Viacom willing to make an all-cash deal to buy Scripps Networks - sources

Viacom Inc has informed Scripps Networks Interactive it is willing to pay all cash to acquire the U.S. TV network operator, sources familiar with the matter said on Tuesday.

Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion11:19am EDT

LONDON U.S. retailer Michael Kors agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner. | Video

Activist investor urges sale of Barnes & Noble1:28pm EDT

Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc to sell itself, saying the struggling U.S. bookstore chain operator could attract media or internet companies seeking a retail presence. | Video

Macquarie taps advisers for up to $4.5 billion Puget Energy stake sale: sources4:49pm EDT

Macquarie Group has chosen Moelis & Co and its own investment banking arm to advise on the sale of its 42 percent stake in Washington utility Puget Energy, people familiar with the matter said on Tuesday.

Toshiba board to meet Wednesday, weigh offers for chip unit: source10:41am EDT

TOKYO Toshiba Corp's board will meet on Wednesday to consider offers for its chip unit from Western Digital and Taiwan's Foxconn in addition to a bid from a consortium that was previously favorite, a source familiar with the matter said. Toshiba is scrambling to sell its flash memory unit to cover losses from its bankrupt U.S. nuclear business Westinghouse.

Activist hedge funds pull hard on the M&A lever10:23am EDT

NEW YORK Of all the demands that activist hedge funds make, one has emerged as a clear favorite over the past year: asking the management of a company they target to put up the "for sale" sign.

Akzo Nobel to lose chairman who fought off PPG takeover11:21am EDT

AMSTERDAM Dutch paintmaker Akzo Nobel's chairman will step down next April, having angered some major investors by fighting off a 26.3 billion euro ($30.6 billion) takeover bid by U.S. rival PPG Industries . | Video

Celgene to pay $280 million to settle off-label marketing case5:04pm EDT

The U.S. Justice Department said on Tuesday that Celgene Corp had agreed to pay $280 million to settle a lawsuit that accused the company of promoting its cancer drugs Revlimid and Thalomid for off-label uses.

Hong Kong fund leads chase for Germany energy management group Ista: sources7:38am EDT

FRANKFURT/LONDON Hong Kong's CK Infrastructure (CKI) is seen as the frontrunner to buy German metering and energy management group Ista for more than 4.5 billion euros ($5.2 billion), sources close to the matter told Reuters.

Stada boards recommend that shareholders accept sweetened bid2:44am EDT

FRANKFURT Stada's management board and supervisory board are recommending that shareholders accept a sweetened takeover offer for the German generic drugmaker from buyout groups Bain Capital and Cinven, Stada said on Tuesday.

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