Hedge Fund Live's  Instablog

• VRGY, ATE – the companies sign a definitive merger agreement – Advantest will buy VRGY for $15/shr cash. 
• NDAQ and ICE are still talking on a joint bid for NYX; some sticking points remain, inc. how much to pay for NYX (the companies think they need to bid at least $40/shr).  Also still not decided is how to value NYX’s various businesses.  Sources say it could take some time for the remaining issues to be addressed.  WSJ  
• Facebook may hire former White House press secretary Robert Gibbs to help manage the firm’s communications.  Facebook is seeking out Gibbs ahead of a potential IPO.  NYT  
• BRK, LZ – WSJ discusses how Berkshire’s David Sokol was responsible for discovering LZ as an acquisition candidate, cementing in the minds of many that he is the frontrunner to succeed Buffett as CEO.  The article notes that LZ was considering making an acquisition offer of its own.  WSJ
• T/T-Mobile – Barron’s is bullish on the deal and thinks regulators will wind up approving the combination.  Barron’s  
• BP – the co will push forward w/its GBP10B share swap w/Rosneft despite last week’s court ruling blocking the deal.  The Independent.
• AJG – the co is in talks to buy Heath Lambert, the Lloyds broker, in a deal worth more than GBP100MM – London Telegraph.
• WPPGY is close to announcing a number of deals in China; the transactions are said to be small in total size but would represent a significant expansion into the Far East for the company.  London Telegraph. 
• Glencore – the Swiss commodities trader plans on kicking off its HK listing by the end of Apr – WSJ 
• Buffett warns that most social media companies will wind up being overpriced – NY Post.
• Actelion – the drug firm said a hedge fund is trying to seize control and force a quick sale just as key products are approaching important milestones – Bloomberg

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