Oh it's a beautiful morning. Oh it's a beautiful day because it's Friday. OK, we'll spare you the show tunes and get to to it. Here's the latest news and rumors.
Harry Macklowe is in the second round of bidding for the General Motors Building, and bids could top $3 billion, the New York Post reported.
Bain Capital LLC has begun making capital calls for its $19.5 billion buyout of Clear Channel Communications Inc., peHUB reports.
Microsoft Corp. and Google Inc. reportedly are lining up to kick the tires of user-generated news site Digg Inc., which reportedly hired Allen & Co. to finally sell and is prepared to take less than the $300 million, according to TechCrunch.
Ziff Davis Holdings Inc. CEO Jason Young spoke with The Deal about filing for bankruptcy.
Asset manager, Robeco Investment Management, has agreed to sell its U.S. municipal fixed-income business to Lehman Brothers Inc. as part of its exit from the U.S. fixed-income market, The New York Times reported.
French video game maker Infogrames Enterntainment SA has offered to buy the rest of troubled Atari Inc. for $1.68 a share or $11 million, according to Silicon Alley Insider.
SPO Partners & Co. pulled out as a financial backer to Lachlan Murdoch's $3.08 billion purchase of Australia's Consolidated Media Holdings Ltd., The Wall Street Journal reports.
Ken Stern, the CEO of National Public Radio, quit over clashes on NPR's digital media startegy, according to Paid Content.
- Maria Woehr
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