Magna Entertainment pulls Pimlico from sale plan

Judge weighs Magna Entertainment asset sale
Horse track owner Magna Entertainment Corp. is asking a Delaware bankruptcy judge to approve its plan to sell certain assets.

U.S. Firms See Europe Woes as Opportunities
European regulators have ordered banks to raise capital and shrink their balance sheets, leading to the sale of assets to American businesses and financial firms.

DealBook: Yahoo to Consider Sale of Asian Assets
Yahoo’s board will consider selling its holdings in Alibaba Group and its Japanese affiliate back to their majority holders in a complicated tax-free deal valued at about $17 billion.

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