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Waymo, Apple deals a benefit for rental-car firms

Bloomberg Old-school rental-car agencies may have a road map to prosper in the age of self-driving taxis after all. Avis Budget Group Inc. agreed to manage a fleet of 600 self-driving Chrysler minivans for Alphabet Inc.’s Waymo autonomous technology division. In addition, Hertz Global Holdings Inc. will lease Lexus sport-utility vehicles to Apple Inc., which will convert them to self-driving ...

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Sprint in talks with Charter, Comcast on wireless deal

Bloomberg Comcast Corp. and Charter Communications Inc., the two largest US cable companies, met with executives at Sprint Corp. in the past month to discuss reselling wireless services or an acquisition, people familiar with the matter said. The more likely scenario is the cable giants strike a deal that lets them resell services on Sprint’s wireless network, the people said, ...

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Stada’s $5.9bn sale fails as investors spurn takeover bid

Bloomberg Stada Arzneimittel AG’s months-long sale process unraveled as a small group of the German drugmaker’s investors held out for a better deal than the 5.3 billion-euro ($5.9 billion) offered by two private equity firms. Only 65.5 percent of the shares were tendered in Bain Capital and Cinven’s offer by the Thursday deadline, Bad Vilbel, Germany-based Stada said in a ...

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