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    Starz  CEO Chris Albrecht spoke of controlling shareholder and media mogul John Malone's growing appreciation for content on Wednesday while hinting on a conference call with investors that a merger with  Lions Gate Entertainment   makes sense for both companies.

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    RadioShack Corp (RSHCQ) got approval on Wednesday from a U.S. Bankruptcy Court judge to auction about 2,000 stores with an initial $200 million bid from the Standard General hedge fund. The electronics retailer also received approval to borrow up to $285 million. Only about $35 million of the loan is new liquidity, with the rest refinancing previous loans.

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    RadioShack Corp (RSHCQ) got approval on Wednesday from a U.S. Bankruptcy Court judge to auction about 2,000 stores with an initial $200 million bid from the Standard General hedge fund. The electronics retailer also received approval to borrow up to $285 million. Only about $35 million of the loan is new liquidity, with the rest refinancing previous loans.

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    Hewlett-Packard Co (HPQ) is in talks to buy wifi network gear maker Aruba Networks Inc (ARUN) and a deal may be announced as soon as next week, Bloomberg reported, citing people with knowledge of the matter. The talks with Aruba, which has a market cap of $2 billion, are not complete and might still fall through, Bloomberg said. HP declined to comment.

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    The Italian government started selling a 5.74 percent stake in state-controlled utility Enel on Wednesday in a deal that could earn it around 2.2 billion euros. The sale is the first in a raft of planned privatisations to reduce its 2 trillion-euro debt pile that will bring cash directly into the state's coffers.

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    Aruba Networks Inc. (ARUN) surged 22% in late trade Wednesday after Bloomberg News said Hewlett-Packard Co. is in talks to buy the network-products company. Bloomberg said a deal could be announced as soon as next week, citing people with knowledge of the matter. Hewlett-Packard shares were trading down 10%.

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    The swoon in oil prices has sent oilfield equipment and services providers reeling, with oil and gas explorers and producers laying down their rigs, squeezing them to lower their prices and not giving them much in the way of new business. Equipment yards are closing, fracking companies are suspending operations and coiled tubing operations are either shutting down or filing for bankruptcy.

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     . AMC Networks (AMCX), creator of The Walking Dead, may finally be walking the walk of a company looking to making a deal. The appointment earlier this month of Gregg Seibert, a former Merrill Lynch media investment banker, as AMC's vice chairman is stoking speculation that the New York-based cable-TV operator may be preparing for a sale.

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    Bankrupt RadioShack Corp (RSHCQ) will slow the process of selling its surviving stores, while GameStop Corp (GME) has expressed interest in some of its 1,100 locations that are being closed this month, a lawyer for the electronics retailer told a judge on Wednesday. The company is holding an auction later on Wednesday for the leases to the 1,100 stores.

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    Small bond dealers, large fund managers and other direct bidders bought $250 million of U.S. two-year floating-rate notes at an auction on Wednesday, which was the lowest amount ever since this security debuted in January 2014, Treasury data showed. This major group of bidders bought $1.040 billion of FRN at an auction in January. Overall demand at the two-year FRN sale however was strong.

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    GlaxoSmithKline said on Wednesday it expected to conclude a $20 billion-plus three-part asset swap with Novartis (NVS) in the week commencing March 2, following progress in obtaining clearances for the deal. GSK is forming a consumer health joint venture with Novartis (NVS), while at the same time buying the Swiss company's vaccines business and divesting its cancer drugs portfolio to Novartis.