Australian miner OZ Minerals said its shareholders approved the sweetened $1.4 billion deal by Chinese state-owned Minmetals’ to buy most of the indebted miner’s assets. For today’s headlines, click here.
And in the newspapers:
* Turquoise, the European equity system owned by nine investment banks, was forced to close on Wednesday morning because of a technical problem, Financial News said.
* The New York Times Co has hired Goldman Sachs to manage the possible sale of The Boston Globe, and plans to request bids in the next couple of weeks, The Boston Globe reported.
* Sprint Nextel Corp and Level 3 Communications Inc are in early talks about forming a joint venture including Sprint’s long-distance network, according to a report in the Wall Street Journal.
* James Simons, the mathematics professor-turned-investor who founded the multibillion dollar hedge fund Renaissance Technologies LLC, has delayed his retirement plans, the WSJ said, citing people familiar with the discussions.





