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Warren Buffett announced he would not be completing a deal to acquire a European family business this week as he tours the continent to raise the profile of his Berkshire Hathaway investment house.

A Florida indictment of a former UBS private banker and his alleged associate in Liechtenstein paves the way for US prosecutors to subpoena the Swiss banking giant.

The Mays’ family-run media company Clear Channel Communications has reached a settlement with the banks it sued in March for hindering its proposed merger with CC Media Holdings.

Cablevision Systems Corporation, owned by New York's Dolan family, has teamed up with Tribune Company to purchase Newsday Media Group, owners of one of the America's largest daily newspapers.

PAI Partners, one of the oldest private equity firms in Europe, is targeting family-owned companies for its new €5.4 billion fund.

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