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Philips TV deal at risk, plans 4,500 job cuts

(Reuters) - Philips Electronics has all but abandoned hope of selling its TV business by the end of the year, leaving a question mark over how quickly it can divest its loss-making problem child. “The global TV market has deteriorated, and obviously the sooner we complete this the better, but we first…

D.Telekom could miss fee if AT&T deal fails: source

FRANKFURT (Reuters) -Deutsche Telekom AG could miss out on a multi-billion dollar break fee if regulatory hurdles cause the failure of its $39 billion deal to sell T-Mobile USA to AT&T , a person familiar with the matter said. “There are a number of options under which the (break fee)…

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