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GM withdraws 'offensive' car ad

2013-05-01 11:15:41| BBC News | Business | UK Edition

Carmaker General Motors (GM) says it is withdrawing a TV commercial for its Chevrolet Trax four-wheel drive after its soundtrack was deemed "offensive".

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Blackstone withdraws from race to buy Dell

2013-04-19 13:38:00| Telecompaper Headlines

(Telecompaper) Blackstone has withdrawn from a three-way race to acquire computer maker Dell, citing a 14 percent market drop in PC sales in the first quarter and "the rapidly eroding financial profile of Dell". A letter released by Dell's special committee and signed by Boulder Acquisition, on its behalf and that of Blackstone, Francisco Partners, Insight Venture Partners and Riverwood Capital, states the partners will likely not pursue this opportunity, while expressing their gratitude to Michael Dell and the management team for their time and due diligence information. This leaves Dell with an original buyout bid by CEO Michael Dell and investors led by Silver Lake for USD 24.4 billion, or USD 13.65 a share, and a preliminary proposal of up to USD 15 a share from Carl Icahn.

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Blackstone reportedly withdraws $25B takeover bid for Dell

2013-04-19 03:54:26| CNET News.com

Private-equity firm launched a bid last month to rival Michael Dell's effort to take private the company he founded. [Read more]    

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San Antonio board drops search firm after superintendent finalist withdraws

2013-04-16 17:40:00| American School & University

After the board selected a lone finalist for the job, details of his financial troubles have come to light. Schoolhouse Beat read more

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Fitch Affirms and Withdraws All Ratings for Cincinnati Bell

2013-04-13 15:32:32| Telecom - Topix.net

Fitch has withdrawn the aforementioned ratings for business reasons. The ratings are no longer relevant to the agency's coverage.

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