UPDATE 3-Deals of the day -- mergers and acquisitions

miércoles 27 de febrero de 2008 22:08 CET

(Adds European Energy Exchange, ABN AMRO, and Insurance Brokers of America)

Feb 27 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Wednesday. (For Reuters columns on deals, click on [DEALTALK/])

** Neither Microsoft Corp (MSFT.O: Cotización) nor Yahoo Inc YHOO.O wants to blink first in the software giant's proposed $41.7 billion takeover of the Web pioneer but as the gamesmanship drags on, archrival Google Inc (GOOG.O: Cotización), the merger's raison d'etre, is the biggest beneficiary.

To read more, please double click on [nN26387900]

** Sovereign wealth fund Investment Corporation of Dubai (ICD) made a conditional offer for Spain's Colonial (COL.MC: Cotización), valuing the struggling real estate firm at some 3 billion euros ($4.5 billion) in cash and paper. [nL2756581]

** Petroplus Holdings AG PPHN.VX said it has reached a $2 billion deal with private equity firms Blackstone Group (BX.N: Cotización) and First Reserve to buy crude oil refineries in the United States. [nN27615841]

** Electronic Arts Inc ERTS.O isn't ruling out going hostile with its $2 billion bid for rival video game publisher Take-Two Interactive Software Inc (TTWO.O: Cotización), the New York Post reported. [nN27410307]

** Liberty Media Corp's LINTA.O acquisition of News Corp's NWSa.N stake in DirecTV Group Inc DTV.O received antitrust approval, a day after U.S. communications regulators approved the deal. [nN26382486]

** Pharmion Corp PHRM.O said four major proxy advisory firms endorsed its plan to be bought by Celgene Corp (CELG.O: Cotización) in a $2.6 billion stock-and-cash deal that was opposed by a major hedge fund stockholder. [nN26359526]   Continuación...