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Oaktree Offers $670 Million for Jakks, Says May Go Hostile

Oaktree Capital Management Funds sent a letter to Jakks Pacific (JAKK.O) on Tuesday, outlining its intention to buy the toymaker and take it private in a $670 million deal, after repeated rebuffs from the company since the offer was made in March.
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Russell Moore

World Chefs: Moore steps out from the shadows

Russell Moore felt it was time to strike out on his own three years ago after working more than two decades at the birthplace of new American cuisine -- Chez Panisse in Berkeley, California.
Bond fund manager Jeffrey Gundlach testifies in court in Los Angeles

TCW, Gundlach court drama reaches closing arguments

Star bond fund manager Jeffrey Gundlach and his inner circle plotted to destroy Trust Company of the West by forming a competing firm while they were still employed by TCW, a TCW attorney said in closing arguments in a trial over alleged theft of trade secrets.
People take pictures in the Intel booth at the Computex 2010 computer fair in Taipei

Intel Capital Gambles Small Cloud Stakes Add Up to Huge Future Gains

Intel Capital, the in-house arm of the world’s biggest chipmaker, has seeded seven small companies in hopes they will swell into profitable ventures. The move comes a month after Intel announced its $300 million Ultrabook initiative for tablets and ultralight products.
Miss Universe 2011: Miss U.S.A in top ten voted contestants (PHOTOS)

Miss Universe 2011: Will Miss USA Alyssa Campanella Take Home the Crown? [PHOTOS]

Miss USA Alyssa Campanella may have a chance at bringing the Miss Universe 2011 crown home -- just a day after the tenth anniversary of the 9/11 terrorist attacks.The redhead has the beauty, brains, and charm to take the top title -- and according to the results of an online poll, she just might do that. Ms. Campanella was ranked in the top ten fan picks to win the crown.Before Miss California became Miss USA 2011, Alyssa Campanella represented her home state of New Jersey in the 2007 Mi...
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Gundlach surprise final witness at L.A. trial

Star bond fund manager Jeffrey Gundlach made a surprise third appearance on the witness stand on Monday in his high-stakes trial with his former employer, Trust Company of the West.

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