Newspaper wrap-up 4-13-07: Happy Friday the 13th!
Posted Apr 13th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, Internet, Apple Inc (AAPL), Morgan Stanley (MS), Jones Apparel Group (JNY)
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MAJOR PAPERS:
- Morgan Stanley (NYSE: MS) is about to purchase 13 hotels from All Nippon Airways for about $1.2B, doubling the number of hotels the investment bank owns there, reported the Wall Street Journal.
- The Financial Times reported that Apple Inc (NASDAQ: AAPL) announced it would delay shipping its new Leopard operating system until October, due to the summer launch of its iPhone.
OTHER PAPERS:
- According to the New York Times, citing people briefed on the discussions, Sallie Mae (NYSE: SLM) is in talks to be acquired by private equity for more than $20B.
- The Guardian reported that exiled Russian tycoon Boris Berezovsky is planning the "violent overthrow of [Russian] President Putin".
- The New York Post reported that Dubai is looking at buying Jones Apparel Group Inc's (NYSE: JNY) Barneys New York for $950M. Contrary to previous reports, the suitor is not linked to Qatar's royal family, but is Istithmar, a private equity firm owned by the Dubai government.
WEBSITES:
- According to sources familiar with the matter, Apple has plans to release new iPods with Wi-Fi, reported DigiTimes.com.
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