Business Today: Yahoo to acquire Tumblr for $1.1 billion cash

		Click to View in Browser 05/20/2013 Yahoo to acquire Tumblr for $1.1 billion cash (Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue. Stock futures dip after records, acquisitions eyed NEW YORK (Reuters) - Stock index futures dipped in light volume on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday. Dell says cannot disclose more information to Icahn yet (Reuters) - Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's. Actavis to buy Warner Chilcott in $5 billion stock deal (Reuters) - Generic drugmaker Actavis Inc, which has been the subject of takeover speculation, plans to buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock. Unclear whether Fed's bond buying has helped economy: Fisher (Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official said on Monday. Chesapeake Energy hires Anadarko executive as CEO (Reuters) - Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as its chief executive, filling the post vacated by co-founder Aubrey McClendon in April. Monster machines fan out on U.S. farms facing slow sow SHERIDAN, Illinois (Reuters) - With the U.S. spring planting season off to a historically slow start, an increasing number of farmers are counting on powerful tools to catch up: Monster machines that sow 36 rows of corn at once and feature high-tech innovations like computer-guided directional equipment. GE Capital plans to pay $6.5 billion in dividends to GE (Reuters) - GE Capital Corp's board has approved a plan to pay $6.5 billion in dividends, including a special dividend of $4.5 billion, to parent General Electric Co in 2013. EU law key to ending 'too big to fail' banks: BoE's Tucker LONDON/STRASBOURG, France (Reuters) - A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator said on Monday. Vodafone withdraws from BT mobile partner talks: sources LONDON (Reuters) - Britain's Vodafone has withdrawn from the running to provide a mobile service to fixed-line operator BT , two industry sources told Reuters, bringing to an end a nine-year partnership. Related Video U.S. Morning Call: Yahoo looking to Tumblr for revival Market Pulse: Japan govt minister talking dollar/yen...down? Economic News Unclear whether Fed's bond buying has helped economy: Fisher Analysis: Shrinking deficit reduces pressure for budget deal A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend