Mutual Fund Center

Old Mutual plots break-up - Sky News report

LONDON, March 5 Old Mutual, the Anglo-South African financial services firm, is plotting a 9 billion pounds ($12.8 billion) break-up which could trigger a takeover battle for its various operations, Sky News reported.

UPDATE 1-Starboard to push for control of board in upcoming Yahoo talks -sources

March 4 Starboard Value LP, the activist hedge fund leading an investor revolt against Yahoo Inc's management team, will push for control of the company's board in talks scheduled for next week, according to people familiar with the matter.

UPDATE 1-U.S. bankruptcy court weighs 'white-hot' energy pipeline dispute

WILMINGTON, Del, March 4 Small U.S. oil-and-gas producer Quicksilver Resources Inc began making its case in court on Friday for using its bankruptcy to reject a pipeline contract, a move that trade groups warned could undermine the $500 billion midstream industry.

Starboard to push for control of board in upcoming Yahoo talks-sources

March 4 Starboard Value LP, the activist hedge fund leading an investor revolt against Yahoo Inc's management team, will push for control of the company's board in talks scheduled for next week, according to people familiar with the matter.

UPDATE 2-Argentina eyes return to market with planned $11.68 bln debt sale

BUENOS AIRES, March 4 Argentina plans to return to international credit markets in April with three bonds sales totaling $11.68 billion under U.S. law if Congress swiftly approves a debt deal for holdout creditors, top finance ministry officials told Congress on Friday.

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