Time Warner Agrees to Sell Warner Music

UniSource Energy is reportedly in advanced talks to be acquired in a Kohlberg Kravis-led leveraged buyout

Time Warner (TWX ) intends to sell its Warner Music business to an investor group led by Ed Bronfman Jr. for roughly $2.61 billion. (11/24)

UniSource Energy (UNS ) is holding advanced talks to be acquired in Kohlberg Kravis-led leveraged buyout for about $850 million plus debt assumption of some $2 billion, according to the Wall Street Journal. (11/24)

ArvinMeritor (ARM ) withdrew its offer for Dana Corp. (DCN ) after Dana's board unanimously rejected ArvinMeritor's sweetened offer of $18 a share. (11/23)

Eli Lilly (LLY ) agrees to buy Applied Molecular Evolution (AMEV ) for $18 per share in cash or stock. (11/21)

Integrity Media's (ITGR ) principal stockholder, president and CEO, offers to take the company private at $6.25 per share. (11/21)

Plains Resources (PLX ) says it is reviewing a $14.25 per share buyout bid from its chairman and CEO, and Vulcan Capital. (11/21)

National City (NCC ) agrees to buy Allegiant Bancorp (ALLE ). Terms: 0.833 NNC share or $27.75 per ALLE share. (11/20)

Ventas (VTR ) agrees to buy ElderTrust SBI (ETT ) for $12.50 per share. (11/20)

NCO Group (NCOG ) agrees to buy RMH Teleservices (RMHT ) for $5.50 in NCOG stock per RMHT share. (11/19)

Charles Schwab (SCH ) agrees to buy SoundView Technology (SNDV ) for $15.50 per share. (11/19)

Chinadotcom (CHINA ) makes $2 per share cash bid for Pivotal Corp (PVTL ). (11/18)

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