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DNA's owners abandon sale plans

2013-07-16 11:07:00| Telecompaper Headlines

(Telecompaper) Finnish operator DNA announced that its owners have decided to keep the same ownership base despite receiving a number of takeover proposals and considering an IPO. The current market conditions are not the best for a change in ownership, DNA said. DNA's owners have decided at this stage to focus their attention on the company's growth, performance and value creation in the existing ownership. DNA is controlled by companies that were previously local phone carriers in Finland. The largest shareholder is Finda Group, which owns close to 33 percent. According to recent media reports, the company attracted the interest of several private equity groups and was valued at over EUR 1 billion.

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Whiting Closes Sale Of EOR Assets To BreitBurn

2013-07-16 09:25:00| OGI

The final proceeds are expected to be closer to $836 million after closing adjustments are made.

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PRESS RELEASE: $14 Million Hollywood Multifamily Sale Arranged by Marcus & Millichap

2013-07-15 19:54:00| National Real Estate Investor

Gina Relva Marcus & Millichap Real Estate Investment Services, the nations largest real estate investment services firm, has arranged the sale of a 75-unit apartment community in Hollywood, Calif. read more

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Multi-Fineline Electronix: On Sale For Good Reason

2013-07-15 18:06:43| Electronics - Topix.net

Several years ago, I followed Multi-Fineline Electronix as a smartphone play. Offering assembly and its flexible printed circuits, the company seemed poised to benefit from the proliferation of new mobile devices that used content valued at up to 3X what the previous phones needed.

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Gelson's parent Arden hires advisers to explore sale, other options

2013-07-15 17:57:30| Grocery - Topix.net

Arden Group Inc, which owns 16 upscale Gelson's Markets in Southern California, on Monday said it has hired advisers to explore and evaluate a possible sale or other strategic alternatives.

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