By Karen Weise



Third Point sells shares back to Yahoo! The Web portal bought 40 million shares from the hedge fund run by activist investor Daniel Loeb, capping Loeb’s almost two-year crusade to boost the stock. He and two allies stepped down from Yahoo’s board, prompting a drop in the stock as some investors speculated Loeb may see limited upside for the company. Third Point made $655 million on the sale.


Telefónica agrees to buy the German wireless unit of Royal KPN. If antitrust regulators approve the acquisition, Telefónica would be Germany’s largest mobile carrier.


Cisco purchases a cybersecurity firm. The networking giant will gain Sourcefire’s products, which detect and prevent harmful intrusions into computer systems.


PacWest Bancorp acquires CapitalSource. When the deal is complete, the combined lenders will become one of the largest commercial banks in California.


Spartan Stores buys Nash Finch. The Grand Rapids (Mich.)-based wholesale food distributor will gain a foothold in supplying military commissaries.


Trade World Investments sells its coal exchange to China Public Procurement. The sale hinges on the China-based exchange hitting 2013 financial targets.


HanesBrands buys Maidenform Brands. The lingerie line joins Hanes’s other female-focused products, which include L’eggs and Playtex.


FMC purchases a supplier of omega-3 fatty acids. The Oslo-based company, Epax, provides purified fish oil to food and beverage companies and supplement makers.


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