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General Motors president buys Fisher Mansion in Detroit

2015-09-15 16:51:54| Automakers - Topix.net

The Fisher Mansion in Detroit's Palmer Woods neighborhood has been bought by the president of General Motors and his wife. The property was put back on the market for $1.55 million this summer after plans unraveled to turn it into a dormitory for addiction treatment patients.

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Kellogg buys stake in African food distributor for $450 million

2015-09-15 16:37:31| Food - Topix.net

As part of its expansion plan, Kellogg said it created a joint venture with African food company Tolaram Africa, to develop snack and breakfast foods for the West African market. Kellogg has the right to buy a stake in Tolaram in the future.

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ISS buys Ethix SRI Advisors

2015-09-15 15:34:03| Appliances - Topix.net

Institutional Shareholder Services Inc. has acquired Ethix SRI Advisors AB . Financial terms weren't announced.

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Clarin buys 49% stake in Nextel Argentina for USD 178 mln

2015-09-15 08:54:00| Telecompaper Headlines

(Telecompaper) Argentinian media conglomerate Clarin has reached a deal with NII Holdings to acquire a 49 percent stake in Nextel Argentina, with an option to acquire the remaining 51 percent pending regulatory approvals. Clarin said the total amount paid for the stake in Argentina's fourth largest mobile operator was USD 178 million, of which USD 159 million was paid up front, with the remaining amount due within 30 days. NII said the net proceeds received from the transaction will be used to provide additional liquidity to support its operations in Brazil.

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A roundup of recent insider buys

2015-09-13 13:42:57| Chemicals - Topix.net

According to GuruFocus Insider Data , these are the largest CEO buys during the past week. The overall trend of CEO buys is illustrated in the chart below: President and CEO of The Chemours Co.

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