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...Fritz Henderson phoned Chancellor Angela Merkel's office Thursday to seal the deal. The decision to sell Opel and Vauxhall to Magna is a coup for Merkel who has staked her credibility on the bid, a joint offer from the Canadian car-parts manufacturer and Russia's state-owned Sberbank. Since May, Merkel and the German government have thrown their weight behind Magna's offer, arguing that Magna already had extensive experience in building autos. Berlin also likes the fact that the Magna bid will keep open Opel's four factories in Germany, thus saving more jobs there than rival...

Author: /time Magazine | Title: GM Accepts Canadian-Russian Bid for Opel | 9/11/2009 | See Source »

...billion deal last year. And Cadbury's growth potential, as outlined by the company's CEO Todd Stitzer last year, is bigger than Wrigley's was at the time. Analysts believe a suitor would need to pay at least a 16 multiple, or about $21 billion, to seal a deal with Cadbury...

Author: /time Magazine | Title: Could Hershey Make a Play for Cadbury? | 9/11/2009 | See Source »

...government to assert independence from Westminster led to a messy outcome. On one point at least, conspiracy theorists were wrong: this was never all about oil. Preserving and expanding Britain's commercial interests in Libya was always a part of the equation, but so too was a desire to seal Libya's rehabilitation...

Author: /time Magazine | Title: Documents Reveal British Role in Lockerbie Bomber's Release | 9/2/2009 | See Source »

...Court, which, though dominated by pro-Uribe magistrates, could take up to five months to get through numerous legal challenges, according to Rafael Pardo, a presidential candidate for the opposition Liberal Party. Valencia Cassio, the interior minister, predicts a decision by December. But even if the court gives its seal of approval, the National Registry would then need three more months to organize the referendum. (See pictures of Colombia's notorious guerrilla army...

Author: /time Magazine | Title: Colombia: A Snag in Uribe's Re-Election Steamroller | 9/2/2009 | See Source »

...role of propofol in Jackson's final days looms large even as the coroner's report remains under official seal. On Aug. 24, the Los Angeles Times reported that the L.A. County Coroner's Office found fatal amounts of the powerful anesthetic (also known as Diprivan) in Jackson's body. The information was contained in a search warrant for the office of Jackson's personal physician Dr. Conrad Murray that was unsealed in Houston, where Murray has an office. According to the Times, Murray told police that he had been administering 50 milligrams of propofol to Jackson intravenously every night...

Author: /time Magazine | Title: Jackson's Death: How Dangerous Is Propofol? | 8/25/2009 | See Source »

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