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Date: 14 July 2004
By Bloomberg News
Bloomberg News
MI Developments Inc, real estate developer controlled by Frank Stronach, founder of horse racetrack operator Magna International Inc, offers to buy 38 percent of Magna Entertainment Corp it does not own from $285.8 million in stock and cash (S)
Date: 14 July 2004
By Bloomberg News
Bloomberg News
Cole National Corp, owner of Pearle Vision optical stores, says Moulin International Holdings has received financing for its offer to buy company for $25 per share in cash; HAL Holding, which owns about 19 percent of Cole National's outstanding shares, offer substantial financing, and Moulin has other commitments from undisclosed investors (S)
Date: 13 July 2004
By Bloomberg News
Bloomberg News
Plains Resources says Paul G Allen's Vulcan Capital has raised its takeover offer by 3 percent, to $423 million (S)
Date: 13 July 2004
By Bloomberg News
Bloomberg News
Mellon Financial, which runs Dreyfus mutual funds, acquires Paragon Asset Management Co to expand its wealth management business in Las Vegas (S)
Date: 13 July 2004
By Bloomberg News
Bloomberg News
Healthcare Realty Trust acquires 20 medical buildings from Baylor Health Care System and its affiliates for about $133 million; properties are on or near hospital campuses in Dallas-Fort Worth area (S)
Date: 13 July 2004
By Bloomberg News
Bloomberg News
Sunglass maker Oakley cuts its earnings forecast for 2004 and says its second-quarter sales will be less than analysts expected (S)
Date: 13 July 2004
By Bloomberg News
Bloomberg News
Electra Partners Europe, buyout unit of J P Morgan Chase & Co, acquires Safety-Kleen Europe, British maker of solvents and cleaners for automotive industry, for about 275 million pounds ($510 million) (S)
Date: 14 July 2004
By Bloomberg News
Bloomberg News
Shares of Allergan Inc fall 6.3 percent after Food and Drug Administration panel votes against approval of company's oral tazarotene treatment for psoriasis (S)
Date: 14 July 2004
By Bloomberg News
Bloomberg News
Select Comfort Corp, maker of Sleep Number mattresses, cuts its forecast for revenue and profit for year, setting off 26 percent decline in its share price (S)
Date: 14 July 2004
By Bloomberg News
Bloomberg News
Commerce Department reports US trade deficit narrowed in May for first time in six months as exports surged to record; $46 billion gap follows record shortfall of $48.1 billion in April; exports rose 2.9 percent, to $97.1 billion; trade deficit with Japan narrowed to $5.5 billion, from $6.4 billion; trade gap with China rose to $12.1 billion, from $12 billion, with exports to China rising to $2.9 billion, from $2.7 billion; deficit with Canada narrowed to $4.8 billion, from $5.6 billion; gap with Mexico widened to $3.8 billion, from $3.2 billion (M)