BioFire is bought out by BioMerieux for USD450 million, funded through debt. In an announcement, BioFire Diagnostics would be bought out by BioMerieux for USD450 million.

News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC. An Associated Press report said that News Corp. sold 33 smaller publications of its newspaper portfolio to Fortress Investment Group LLC for an undisclosed amount.

The Royal Bank of Canada named Jonathan Golub to head the investment banking unit of RBC as its new chief market strategist for the US.

Yucaipa Cos. and billionaire Ron Burkle filed a letter to Morgans Hotel Group Co. Chairman Jason Kalisman demanding the sale of the New York-based hotelier.

Yanchang Petroleum would be purchasing Novus Energy CAD 232 million or USD 220 million. Yanchang Petroleum International would acquire Novus Energy for CAD 232 million or USD 220 million.

Australian tycoon James Packer bought a 9.4% stake in US real estate website Zillow Inc. James Packer acquired a 9. 4% stake in Zillow Inc. Cavalane Holdings, of which Packer holds a controlling stake, purchased 3 million shares in the US real estate website.

According to a Bloomberg report, the biggest mining companies were set to spend USD244 billion on expansions amid Glencore Xstrata Plc's CEO call to end oversupply in mineral markets.

News Corp announced that it had sold Dow Jones Local Media to a unit of Fortress Investment Group without disclosing the terms of the deal.

Billionaire investor Carl Icahn and his entities announced cutting their stake by almost half in Hain Celestial Group through stock sale.

AMC Entertainment Holdings announced to go public through an IPO as it aimed to raise USD400 million.