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Exclusive: L.A. billionaire, Guggenheim plot AEG bid

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LOS ANGELES/NEW YORK - Los Angeles billionaire Patrick Soon-Shiong has joined forces with financial services firm Guggenheim Partners to make a bid for Anschutz Entertainment Group, the sports and real estate company, according to three sources with knowledge of the deal.

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GE, MetLife tweak terms of deal for $7 billion in bank deposits 2:45pm EDT

- MetLife Inc and General Electric Co have tweaked the terms of a deal in which the U.S. life insurer is selling $7 billion in bank deposits to the conglomerate, a move MetLife said would change the regulator in charge of approving the deal.

Sony set for $642 million investment in Olympus: sources 9:36pm EDT

TOKYO - Sony Corp will likely approve a plan this week to invest 50 billion yen ($642 million) in cash-strapped Olympus Corp, becoming its biggest shareholder with around a 10 percent stake, three sources familiar with the deal told Reuters.

Investor Wilbur Ross eyes JV in China shale tender 11:36pm EDT

SINGAPORE - Billionaire investor Wilbur Ross plans to take part in China's first shale gas tender open to foreign investors by teaming up Exco Resources , a U.S. natural gas firm he holds a stake in, with a Chinese partner.

Germany lists EADS/BAE worries while UK starts inquiry 6:53pm EDT

BERLIN/LONDON - Germany has deep reservations about proposals to merge Airbus parent EADS and Britain's BAE Systems , an official document showed, as the British parliament began an inquiry into the planned European defense and aerospace giant.

Groupon buys restaurant reservation company Savored 1:31pm EDT

- Groupon Inc said on Monday that it acquired restaurant reservation company Savored to help its daily deal website expand in the dining category.

Forbes Coal to acquire two South African mines from Rio Tinto 6:43pm EDT

- Forbes & Manhattan Coal Corp said on Monday it plans to acquire two South African coal mines from a unit of Rio Tinto in a bid to boost its output and enlarge its footprint in Africa.

UK's Cameron speaks to Merkel, Hollande on BAE-EADS 9:05am EDT

LONDON - British Prime Minister David Cameron has held talks with the French and German leaders in an attempt to ensure UK interests are protected if a $45 billion proposed merger between BAE Systems and EADS goes ahead, his spokesman said on Monday.

Berkshire reports 17 percent stake in Media General 10:07pm EDT

- Warren Buffett's Berkshire Hathaway Inc reported that it owns a 17 percent stake in U.S. broadcaster and publisher Media General , as the conglomerate continues to boost its investment in the newspaper industry.

Chrysler deal seen within days: CAW president 1:37pm EDT

TORONTO - The Canadian Auto Workers said on Monday it was working to resolve Chrysler's concerns that contracts the union reached with the other two Detroit automakers were too expensive, but it could still take four to five days to reach a deal.

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