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Exclusive: Sanofi to unveil challenge to Medivation’s board – sources

France's Sanofi SA is preparing to name candidates it will put forward to replace the entire board of U.S. cancer drug company Medivation Inc as early as Wednesday, according to people familiar with the matter. Sanofi has threatened to oust the board after Medivation rejected its unsolicited $9.3 billion acquisition offer late last month, taking advantage of a so-called 'written consent' rule that gives Medivation shareholders the…

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Exclusive: Sanofi to unveil challenge to Medivation’s board – sources

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Bayer defies critics with $62 billion Monsanto offer

By Ludwig Burger and Georgina Prodhan FRANKFURT (Reuters) – German drugs and crop chemicals group Bayer has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry. Monsanto Co's stock rose 5 percent to $106.61 by midday trade on the New York Stock Exchange – well below Bayer's offer price, in a sign that it faces a tough task …

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Bayer defies critics with $62 billion Monsanto offer

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U.S. Fed awards $23.24 billion in reverse repos

The Federal Reserve on Monday awarded $23.24 billion of one-day, fixed-rate reverse repurchase agreements to 17 bidders at an interest rate of 0.25 percent, the New York Fed said on its website. The reverse repurchase agreement

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U.S. Fed awards $23.24 billion in reverse repos

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Exclusive: Medivation succumbs to pressure to explore sale -sources

U.S. cancer drug maker Medivation Inc has decided to explore a sale following a $9.3 billion acquisition offer from France's Sanofi SA and interest from other companies, people familiar with the matter said on Monday. Pfizer Inc and Amgen Inc are among the companies that have signed non-disclosure agreements with Medivation, which allow them to obtain confidential information about the company, the people said. Sanofi made its

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Exclusive: Medivation succumbs to pressure to explore sale -sources

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U.S. April auto sales seen rising 4.9 percent: JD Power-LMC

J.D. Power and LMC Automotive on Thursday said April U.S. total light vehicle sales will rise 4.9 percent to 1.523 million vehicles, for an annualized rate of 17.6 million vehicles. Retail sales, or sales to individual consumers, will rise 3.9 percent to 1.195 million vehicles in April, the consultancies said

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U.S. April auto sales seen rising 4.9 percent: JD Power-LMC

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Viacom shares soar after deal to renew Dish contract

Viacom Inc said on Thursday it has renewed a multiyear distribution contract with satellite TV provider Dish Network Corp, lifting the media company's shares over 11 percent. The companies had been in talks for several months over whether Dish would continue to carry Viacom's 18 channels, which include Nickelodeon, Comedy Central and MTV, and at what price, for its 14 million subscribers. The deal …

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Solar developer SunEdison in bankruptcy as aggressive growth plan unravels

SunEdison Inc, once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection on Thursday after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable. In its bankruptcy filing, the company said it had assets of $20.7 billion and liabilities of $16.1 billion

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Solar developer SunEdison in bankruptcy as aggressive growth plan unravels

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Bacardi demands U.S. explain giving Havana Club brand to Cuba

Bacardi on Monday sought U.S. records to explain the U.S. government's decision to strip the spirits company of its right to the Havana Club brand name and hand it back to a Cuban state company partnered with a global rival. Bacardi's Freedom of Information Act request is …

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Bacardi demands U.S. explain giving Havana Club brand to Cuba

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Boeing eyes new partnerships, sees upward pressure on 737 output

Boeing expects to announce new industrial partnerships with an emphasis on defense at the Dubai Airshow, expanding on tie-ups in commercial aerospace, executives said on Saturday. Gulf-based sources have said they expect Boeing to expand its ties with both companies at the Nov 8-12 air show. “There will be a couple of announcements at the show related to increased partnerships and I'll leave it at that,” Bernard Dunn, president of Boeing Middle East, North Africa

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Boeing eyes new partnerships, sees upward pressure on 737 output

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