RPT-Market Chatter-Corporate finance press digest
May 1 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:
* Canadian coffee-and-doughnut chain Tim Hortons Inc has come under pressure from hedge fund Highfields Capital, a large investor, to aggressively boost returns through debt-funded share buybacks and a scaling back of U.S. expansion plans, according to documents seen by Reuters and two sources familiar with the matter.
* During Kazakh miner Eurasian Natural Resources Corp's 2007 flotation on the London Stock Exchange, lawyers and auditors found evidence that the company's financial records had been falsified or destroyed, according to people familiar with the matter, the Financial Times reported. ()
* A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software Inc for more than $6.5 billion, three people familiar with the matter said on Tuesday.
* Yahoo! Inc decided not to pursue a deal for online-video site Dailymotion after a French government official insisted that it not take majority control, the Wall Street Journal reported, citing people briefed on the matter. () Continued...