BRIEF-Alitalia says non-binding bids for airline, assets due July 21
* will invite selected bidders on June 26 to airline's data room, non-binding bids due by July 21 at latest Further company coverage: (Reporting by Milan newsroom)
SYDNEY, April 19 A consortium backed by U.S. private equity giant KKR & Co offered A$6.15 billion ($4.65 billion) cash for Australian lottery operator Tatts Group Ltd, threatening an agreed merger with Tabcorp Holdings Ltd, two sources familiar with the situation said on Wednesday.
The sources, who were not authorised to speak publicly, told Reuters a letter offering A$4.21 a share had been sent to the Tatts board on Tuesday evening.
Tatts in October agreed to accept a cash-and-scrip proposal from betting group Tabcorp to form an Australian gambling powerhouse.
Tatts shares closed at A$4.35 a share on Tuesday. ($1 = 1.3226 Australian dollars) (Reporting by Jamie Freed; Editing by Andrew Hay)
BERLIN, June 23 The chief executive of German publisher Axel Springer is confident that internet companies like Facebook, Snapchat and Google will help news providers make more money from their content.
June 23 Forestar Group Inc said on Friday top U.S. homebuilder D.R. Horton Inc had sweetened its offer to buy a 75 percent stake in the real estate developer, escalating a bidding war with investment firm Starwood Capital Group.