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  • Nov 24- Canadian buyout firm Onex Corp said it would buy Swiss packaging group SIG Combibloc Group AG for up to 3.57 billion euros. The deal is expected to close in the first quarter of 2015, subject to regulatory approvals, Onex said. Reuters reported earlier this month that Onex, Canada's largest listed private equity firm, was leading the bidding for SIG...

  • The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc.. Media companies including Time Warner, Walt Disney Co and CBS Corp had approached the U.S. Court of Appeals for the District of Columbia Circuit, saying the FCC's order would...

  • Nov 21- A U.S. federal appeals court has stayed the Federal Communications Commission's order requiring broadcast and cable companies to disclose programming contracts. The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc..

  • NEW YORK, Nov 21- Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. In a filing with the U.S. Bankruptcy Court in New York, Chief Financial Officer Ramon Rivera said getting protection from creditors should provide "necessary breathing room" for Aereo to sell its assets, recapitalize or...

  • UPDATE 2-Dow Chemical, Dan Loeb settle board debate Friday, 21 Nov 2014 | 1:10 PM ET

    Nov 21- Dow Chemical Co averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, by agreeing to add four independent directors to its board, sending its shares up as much as 4.5 percent. The company has agreed to add to the board two Third Point nominees- former Foster Wheeler AG CEO Raymond Milchovich and Steve Miller, the non-executive chairman of AIG.

  • Under the terms of the possible offer, Aviva would offer Friends Life shareholders 0.74 shares for each Friends Life share. The deal indicates a value of about 398.9 pence per Friends Life share, a 15 percent premium to the stock's Friday close. Friends Life shareholders would also receive an amount in cash equal to any Friends Life final dividend for the 2014...

  • Nov 21- A pressure group pushing for higher wages at Walmart stores said employees would stage protests at 1,600 U.S. stores on Black Friday, including 60 in Washington, D.C.. Wal-Mart Stores Inc, owner of Walmart stores and the largest private employer in the United States, has been at the center of the debate over proposals to raise the minimum wage.

  • Amazon plans ad-supported video streaming: Report Friday, 21 Nov 2014 | 12:04 PM ET

    Online retailer Amazon.com will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources.

  • Nov 21- A group of Walmart employees pushing for higher wages said they were planning to protest on Black Friday at 1,600 U.S. stores in areas including Washington and Los Angeles. The group also plans strikes at the San Francisco Bay Area, Sacramento, Chicago, Seattle, Texas, Minneapolis and Tampa among other places. Wal-Mart Stores Inc, owner of Walmart brand...

  • Goldman Sachs Group Inc retained its No. 1 position as M&A adviser with deals worth $877 billion, followed by JPMorgan Chase& Co with $651 billion and Citigroup Inc with $633 billion. The $66.4 billion bid for Allergan Inc by Actavis PLC this week more than doubled the total value of deals in the healthcare sector to $364 billion. Halliburton Co's plans to buy...

  • Nov 21- Dow Chemical Co said it would add four independent directors to its board as part of an agreement with Daniel Loeb's hedge fund, Third Point LLC, avoiding a proxy battle. The $17.5 billion hedge fund was considering a proxy contest after negotiations with Dow over board seats broke down, Reuters had reported on Thursday. The fund is known for pushing...

  • Nov 21- Online retailer Amazon.com Inc will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources. Amazon's Prime service costs $99 a year. Though the new service will be separate from Prime, ultimately Amazon plans to lure more users and eventually get them to sign up for Prime, the Post said.

  • UPDATE 2-Aereo files for bankruptcy Friday, 21 Nov 2014 | 9:41 AM ET

    NEW YORK, Nov 21- Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. Aereo Chief Executive Officer Chet Kanojia said the decision created "regulatory and legal uncertainty" that proved insurmountable for the New York- based company, which is privately held. Lawton Bloom, a principal at Argus Management...

  • Nov 21- Dow Chemical Co said it would add four independent directors to its board as part of an agreement with hedge fund Third Point LLC. The four directors will be included in Dow's nominees for election at the 2015 annual meeting. Reuters reported earlier this week that Third Point was considering a proxy contest after negotiations over board seats with the...

  • Nov 21- Sysco Corp, the biggest U.S. food distributor, is in advanced talks to sell some assets to a food company owned by Blackstone Group in order to win regulatory approval for its acquisition of US Foods Inc, the New York Post reported, citing sources. Once Sysco strikes a deal to divest some assets, the Federal Trade Commission is expected to clear the acquisition,...

  • Nov 20- Casino operator Wynn Resorts Ltd said it was not aware of any investigation after the Wall Street Journal reported that the company is being probed by U.S. federal authorities for possible violation of money-laundering laws. The Internal Revenue Service sent a letter to Wynn's outside lawyer Donald Campbell requesting information on the company's...

  • Valeant slashes stake in Allergan after losing bid Thursday, 20 Nov 2014 | 7:14 PM ET

    Nov 20- Valeant Pharmaceuticals International Inc said it cut its stake in Allergan Inc to 0.1 percent from 9.7 percent, three days after Actavis Plc trumped its offer for the Botox maker. Pershing Square Capital Management informed Valeant that PS Fund 1 sold all of its 2.2 million shares in Allergan allocated to Valeant USA, Valeant said in a regulatory filing.

  • NEW YORK, Nov 20- William Ruprecht, the long-serving chief executive of Sotheby's, is stepping down, the centuries-old auction house said on Thursday, roughly a year after activist investors including Daniel Loeb began demanding big changes. Activist investors had called for big changes at Sotheby's including the sale of its headquarters on the upper East...

  • Nov 20- GameStop Corp reported quarterly revenue and profit well below analysts' estimates as the delayed release of Assassin's Creed Unity and flagging videogame software sales more than offset high demand for PlayStation 4 and Xbox One consoles. GameStop said it expected fiscal 2014 diluted earnings of $3.40- $3.55 per share, compared to its earlier...

  • UPDATE 1-Hertz Global names John Tague as CEO Thursday, 20 Nov 2014 | 5:52 PM ET

    Nov 20- U.S. car rental company Hertz Global Holdings Inc named John Tague as chief executive, overlooking a candidate put forward by activist investor Jana Partners. Hertz had formed a search committee including two independent directors nominated by Icahn to find a replacement for Mark Frissora, who resigned in September. The Committee and the Board...