Newspaper wrap-up 7-05-07: Research in Motion to sell BlackBerries in China

MAJOR PAPERS:

The Wall Street Journal reported that The ServiceMaster Company (NYSE: SVM) has shelved its $1.15B sale of junk bonds that would help to pay for the LBO of the company due to "investor nervousness."
The Wall Street Journal reported that eBay Inc (NASDAQ: EBAY) has quietly opened a classified ad site in the U.S., which would rival Craigslist.
According to people familiar with the situation, The Coca-Cola Company (NYSE: KO) has approached several private-equity firms that are involved in the bidding for Cadbury Schweppes plc's (NYSE: CSG) U.S. drinks business, reported the Wall Street Journal.

OTHER PAPERS:

Research in Motion Limited (NASDAQ: RIMM) has been given clearance to sell its BlackBerry device in China, reported the New York Times.
Big names like International Business Machines Corporation (NYSE: IBM), Infosys Technologies Limited (NASDAQ: INFY), TCS and The Blackstone Group LP (NYSE: BX) are opting out of the bidding race for Citigroup Incorporated's (NYSE: C) BPO arm, reported the Times of India.

Tags: blackstone, bx, c, cadbury schweppes, CadburySchweppes, citigroup, coca-cola, craigs list, CraigsList, csg, ebay, ibm, infosys, infy, ko, new york times, newspaper, NewYorkTimes, ny times, NyTimes, paper, periodical, research in motion, ResearchInMotion, rim, rimm, servicemaster, svm, times of india, TimesOfIndia, wall street journal, WallStreetJournal, wsj

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