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    The investor group offering to buy out security software company Qihoo 360 Technology Co (QIHU) is considering cutting its offer after China's stock-market rout lowered valuations, the Wall Street Journal reported, citing a person familiar with the matter. Qihoo 360 (QIHU) said in June it had received a buyout offer from chief executive and some investors for $77.00 in cash per ADS.

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    The largest shareholders at ASB Bancorp (ASBB) are loudly protesting the bank's inefficient management and are insisting that the Asheville, N.C.-based institution explore a sale. The largest single bloc of ASB shares -- 10.5 -- is held by its employees.

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    If Warren Buffett is right that investors should be fearful when others are greedy and greedy when others are fearful, it's time to be greedy -- at least with oil and gas stocks. Last week, oil prices fell to less than $40 per barrel, falling further on Monday with the stock market rout.

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    Ashford Hospitality Prime Inc. (AHP) shares rose 2% in premarket trade, after the company said it is exploring its strategic options, including a possible sale of the company. The real estate investment trust said it has hired Deutsche Bank to act as financial adviser. "We do not believe Ashford Prime's current share price accurately reflects the company's intrinsic value," Chief Executive Monty Bennett said in a statement.

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    Mylan N.V. (MYL) said Friday that its shareholders have approved its proposed $35.6 billion takeover of Perrigo Company PLC (PRGO) and it will launch a formal offer soon. A representative from Perrigo (PRGO) could not immediately be reached for comment. The proposed deal--which has been swiftly opposed by Perrigo (PRGO) at every turn--was approved by more than two- thirds of shareholders at a general meeting.

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    U.S. private equity firm Carlyle is in advanced talks about buying Innovation Group (INVGF) for 40 pence a share in cash, valuing its equity at almost 500 million pounds, the British software company said on Friday. Innovation, which provides software and services to help insurers process claims, said the talks may or may not lead to a deal.

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    Canada's Brookfield Asset Management (BAM) on Friday made its first significant investment in Indian infrastructure, buying six road and three power projects from India's Gammon Infrastructure Projects Limited. A consortium composed of Brookfield and the Core Infrastructure India Fund Pte Ltd are buying the projects, six of which are operational, said Ambit Holdings, which advised Gammon on the deal.

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    The following bids, mergers, acquisitions. ** Mitsubishi Corp's decision to spend $1.1 billion for one fifth of Olam International is a key vote of confidence that will allow the Singapore agri-trader to exploit M&A opportunities thrown up by the slump in the global commodities market.

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    Swedish paper and hygiene products group SCA said on Friday it would merge its forest lands and forest products into one division in a signal it may be preparing to sell them, sending its shares up. SCA, Europe's biggest private forest owner, has in recent years grown its hygiene product operations to around 85 percent of turnover after a series of acquisitions and sales.

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    Renowned Belgian brewer makes a rare purchase. There was a lot more going on at the Craft Brewers Conference in Portland, Ore., than we gave it credit for. In April, we discussed how bankers, private-equity firms and larger brewers were all milling about the conference, checking out the newest of the country's more than 3,700 breweries and sizing up the more successful veterans.

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    Sharp Corp (SHCAF) said it was considering various options for its liquid crystal display business after a report said it may sell a majority stake in the struggling operations to rival Japan Display Inc. Sharp could spin off the business into a joint venture in which it would hold less than 50 percent, the Yomiuri newspaper reported on Friday.

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    Swedish drug maker Meda AB is exploring options to sell its U.S. subsidiary Meda Pharmaceuticals Inc, which could be worth about $1 billion, Bloomberg reported, citing people familiar with the matter. Meda may use the sale proceeds to reduce debt and seek other acquisitions, Bloomberg said. Meda could not immediately be reached for comment outside regular business hours.

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    The following are the top stories in the Financial Times. Headlines. Google rejects European Commission's 'incorrect' antitrust charges. French oil major Total to sell $900 mln of North Sea assets. Songwriters' body sues SoundCloud over copyright. Overview.