Deals of the day -- mergers and acquisitions

Tue Feb 26, 2013 3:56pm EST
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Feb 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

** Warren Buffett added another newspaper to his growing chain - this time in Tulsa, Oklahoma - as he scours the United States for papers in small, community-focused markets. A subsidiary of Buffett's Berkshire Hathaway, BH Media Group, said it bought the 95,000 daily circulation Tulsa World from the Lorton family for an undisclosed sum.

** Tribune Co has hired investment bankers to sell off its newspaper unit, which includes The Los Angeles Times and Chicago Tribune, according to a person familiar with the situation.

** First Quantum Minerals Ltd may extend its hostile C$5.1 billion ($4.97 billion) bid for rival base metal miner Inmet Mining Corp by a few days, President Clive Newall said on Tuesday.

** Repsol has sold liquefied natural gas assets to Royal Dutch Shell for $4.4 billion in cash in a deal that will cut the Spanish oil major's net debt by more than half and ease concerns over its credit ratings.   Continued...