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Viacom asks CBS to raise merger bid by $2.8 billion

Reuters Viacom Inc has asked CBS Corp to sweeten its merger bid by about $2.8 billion or almost a quarter more than CBS’s offer, people familiar with the matter said, indicating the wide gap in the US media firms’ price expectations. National Amusements Inc, the Redstone family company that controls CBS and Viacom, has pushed them to negotiate a merger ...

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Dell’s Pivotal Software expects IPO to raise up to $592 million

Reuters Pivotal Software Inc, a division of Dell Technologies Inc, said on Monday it expects its initial public offering of 37 million Class A shares to raise up to $592 million. Pivotal Software said it expects the offering to be priced between $14 and $16 per share. The company, which plans to list on the New York Stock Exchange under ...

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‘Trade war impact on copper short-term’

SANTIAGO / Reuters A looming trade war between the United States and China will fuel near-term volatility for copper prices, but strong demand and tight supply for the metal will bolster long-term market fundamentals, the head of Anglo-American’s copper division said in an interview. The price of the red metal has fluctuated along with other financial commodities in recent weeks ...

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