May 23 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** RedBird Capital Partners, the U.S. fund that bought Britain's
Telegraph newspaper in partnership with UAE-owned IMI, will take
control of the publication after agreeing a deal that values the
enterprise at 500 million pounds ($673 million).
** The U.S. Federal Trade Commission dropped a case that sought
to block Microsoft's ( MSFT ) $69 billion purchase of "Call of
Duty" maker Activision Blizzard, saying on Thursday that
pursuing the case against the long-closed deal was not in the
public interest.
** Lumber company Weyerhaeuser said on Thursday it will
acquire nearly 117,000 acres of timberlands in North Carolina
and Virginia from a unit of Roseburg Forest Products for $375
million.
** OnlyFans owner Fenix International Ltd is in talks to sell
the porn-driven company to an investor group at a valuation of
around $8 billion, three sources familiar with the matter told
Reuters.
(Compiled by Rajarshi Roy in Bengaluru)