Deals Rumor Mill: Rolls-Royce, Time Warner, Talisman

Law360, New York (January 21, 2014, 3:11 PM EST) -- British engineering firm Rolls-Royce Holdings PLC is preparing a buyout bid for Finnish engine maker Wartsila that could value the target company around $13.4 billion, Finnish newspaper Helsingin Sanomat reported Tuesday. Rolls-Royce first approached Wartsila earlier this month, but preliminary talks that time around didn't yield a deal. At the time, Wartsila told Reuters that Rolls-Royce wanted to buy its entire business.

Time Warner Cable Inc.'s top executive has set a $160-per-share floor on takeover bids for the sought-after company, he told Multichannel News on Monday....
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