Hints and tips:
...More recently, Yucaipa has been reported to have shown interest in EMI’s record labels and the LA Dodgers baseball team....
...One supermarket industry commentator, Kevin Coupe, looked for the longer view on his Morning News Beat daily report....
...Mr Burkle bid for Tribune, owner of the Chicago Tribune and LA Times, earlier this year....
...J Sainsbury also saw its cost of protection moving higher again, after a large fall yesterday on the back of reports about the supermarket group’s pension deficit being a significant obstacle to any leveraged...
...Other bidders apparently interested in the Los Angeles Times include supermarket king Ronald Burkle and real estate developer Eli Broad....
...Mr Geffen is believed to have bid for the LA Times but also at a level considered too low....
...Already, at least three deep-pocketed Angelenos have come forward to inquire about the Times, including Ron Burkle, the supermarket magnate; Eli Broad, the philanthropist; and David Geffen, the entertainment...
...Most notably, David Geffen, the entertainment mogul, has been mulling a plan to acquire the LA Times and return it to private ownership....
...The new play is inspired by Las Vegas, especially illusionists Siegfried and Roy, and promises showgirls, fireworks, dancing waterfalls and an erupting volcano....
...Somerfield finished flat at 199p as investors hoped that reports that a bid for the supermarket chain was near....
...Somerfield was off 0.3 per cent to 191p as some investors began to sweat about Baugur’s role in the consortium trying to buy the supermarket group....
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