Tuesday July 28, 2015

updated - July 28, 2015 Tuesday EDT

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Franchise News
McGraw Hill to Expand its Data Services, in Talks to Acquire SNL Financial

McGraw Hill Financial Inc. is close to acquiring SNL Financial LC, a financial news and analysis data provider, for more than $2 billion, according to a report from Bloomberg.

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Franchise News
Thai Airways' Restructuring Plan will Reduce Flights and Cut Jobs

Thai Airways International Pcl is planning to cut 1,401 jobs and suspend its flight to Los Angeles and Rome, according to a report from Reuters.

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Franchise News
Looking to Solidify its Grip On the Generic Drug Sector, Teva may Acquire Allergan's Generic Business

Teva Pharmaceuticals Industries Ltd., a Israeli-based drugmaker, is in advance talks to acquire the generic drugs business of Allergan Plc., according to a report from Bloomberg.

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Fiat Chrysler Faces Record $105 Million in Fines Over Unsatisfactory Recalls, May Implement Vehicle Repurchases

Automaker Fiat Chrysler is set to face a record $105 million in fines for unsatisfactory execution of its recalls for millions of vehicles, according to a Wall Street Journal Report.

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Converse Introduces Redesigned, More Comfrotable Chuck Taylors

Apparel maker Converse introduced on Friday redesigns to its iconic sneaker Chuck Taylors to improve comfort and boost sales.

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AT&T Completes $48 Billion Acquisition of DirecTV to Create Biggest Cable Company in US

AT&T Inc., the second largest wireless carrier in the United States, announced on Friday that it had completed its acquisition of DirecTV, the leading pay TV company in the country, a deal valued at $48.5 billion that creates the biggest cable company in the U.S.

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Pearson in Talks to Sell Stake in The Economist Following Divestment of Financial Times

Following its sale of the daily newspaper Financial Times to Japanese media group Nikkei, Britain's Pearson confirmed on Saturday plans to sell its stake in weekly business magazine The Economist as the British firm continues to exit the media business.

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