Silver Lake Obtains $2.28 Billion of Debt Financing for Purchase of Acxiom

(Bloomberg) -- Silver Lake Partners and ValueAct
Capital Partners LP received a commitment for $2.28 billion of
debt financing to fund the buyout of Acxiom Corp., a provider of
computer and database services.

UBS AG committed to provide a $1.73 billion seven-year term
loan and a $125 million six-year revolving credit facility,
ValueAct said today in a U.S. Securities and Exchange Commission
filing. Acxiom may pay interest at 2.25 percentage points more
than the London interbank offered rate on the loans, the filing
said.


Read more at Bloomberg Bonds News

Brazilian Real Declines as Jump in U.S. Treasury Bond Yields Saps Demand

(Bloomberg) -- Brazil's real weakened for a third
day as rising U.S. bond yields cut into demand for riskier,
emerging-market securities.

The real slid as much as 0.7 percent today after the yield
on benchmark U.S. 10-year bonds rose 23 basis points, or 0.23
percentage point, this month to 4.86 percent. Yields are rising
in the world's biggest economy, narrowing the gap between U.S.
and Brazilian yields, as speculation fades that the Federal
Reserve will cut interest rates.


Read more at Bloomberg Emerging Markets News

Rohm and Haas to focus on green technology development

(Reuters) - Philadelphia-based Rohm and Haas has a research and
development budget of nearly $300 million for 2007.




Read more at Reuters.com Market News

GM shares drop after SEC, Delphi news

(Reuters) - The stock fell to $30.98 in electronic trade from a close of $31.43 on the NYSE.




Read more at Reuters.com Hot Stocks News

Danaher to acquire ChemTreat in $435 million deal

(Reuters) - ChemTreat had more than $200 million in revenue in its most recent fiscal year, Danaher said.



) Keywords: CHEMTREAT DANAHER/


Read more at Reuters.com Mergers News

Brown Shoe, Flowers Foods, Sanderson Farms, Synopsys: U.S. Equity Preview

(Bloomberg) -- The following is a list of companies
whose shares may have unusual price changes in U.S. exchanges
today. This preview includes news that broke after exchanges
closed. Stock symbols are in parentheses after company names.
Shares prices are as of 8:50 a.m. New York time.

Brown Shoe Co. (BWS US) rose $3.60, or 13 percent, to $31 in
trading before the open of U.S. exchanges. The operator of the
Famous Footwear and Naturalizer chains said that excluding some
items, second-quarter profit will be at least 30 cents a share.
Three analysts polled by Bloomberg estimated 28 cents, on
average.


Read more at Bloomberg Stocks News

Stocks, Treasuries dip on data, China warning

(Reuters) - U.S. Treasury prices dipped on Thursday after mixed U.S. economic data gave no firm evidence of the need for interest rate cuts, while global stocks fell following a warning about the overheated China market.

Oil prices rose to a nine-month high above $71 a barrel on concerns about supplies from Iran and U.S. stock futures were pointing to a softer start on Wall Street.


Read more at Reuters Africa