Tag: bidders-vying
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Haier nears deal to buy GE’s appliances business for over $4 billion: WSJ
(Reuters) – China's Haier Electronics Group Co Ltd is nearing a deal to buy General Electric Co's appliances business for more than $4 billion, the Wall Street Journal reported, citing people familiar with the matter. Haier beat other foreign corporate bidders vying to buy GE's Louisville, Kentucky-based business, the WSJ said. GE could not be…
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Italian medieval village orders elderly to defy death
The Grim Reaper has got his work cut out in Sellia in southern Italy, thanks to a decree ordering the village's elderly and dwindling population to stay in good shape. “Human life is naturally valuable, but here it has a social value as well because every person who dies takes us a step closer to…
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Cancer ‘moonshot’ aims to speed fight against No. 2 killer
WASHINGTON (AP) — Harking back to America's triumphant race into space, the Obama administration is launching what it calls a “moonshot” effort to cure cancer.