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Nasdaq to buy eSpeed platform for $750 million

Nasdaq OMX Group Inc agreed to buy electronic Treasuries-trading platform eSpeed from BGC Partners Inc for $750 million in cash, providing the exchange operator an entry into one of the world's largest and most liquid cash markets.

 

BBC's Lonely Planet sale comes at a loss

Lonely Planet - LA Times

BBC Worldwide announced Tuesday morning that it will sell its travel guide series, Lonely Planet, for $77.8 million to Nashville-based NC2 Media, a company owned by reclusive U.S. billionaire Brad Kelley. That selling price is more than $120 million less than the BBC paid for the company in 2007. 

 

AT&T to buy Alltel operations for about $780M

AT&T said Tuesday that it has reached a deal to buy the Alltel U.S. wireless operations for about $780 million to boost its spectrum in rural areas.Click to Continue »

 

Avis buying Zipcar in deal worth nearly $500M

Avis

Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services.

 

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