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The board of General Motors (GM
) approved further talks with News Corp. (NWS
) regarding a proposal to combine Hughes Electronics (GMH
) with a News Corp. unit.
Sodexho Alliance will buy all Sodexho Marriott (SDH
) shares for $32 per share cash.
The board of Il Fornaio (ILFO
) approved an amended pact whereby Manhattan Acquisition Corp. will buy the company for $12 per share in cash.