Billabong Hopes Takeover Offer Won't Wipe Out

Billabong International Ltd., the surfwear company that’s been targeted by TPG International LLC and Bain Capital LLC this year, received a takeover bid from director Paul Naude backed by Sycamore Partners LLC, two people with knowledge of the matter said.
Gross on the Hunt for Yield
05:10 - Mar. 02 -- Bill Gross discusses being on the hunt for yield. He speaks with Trish Reagan on "Street Smart." (Source: Bloomberg)
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