This is what's in the news for Thursday, February 17th. the Telegraph reports that Diageo (DEO) and Pernod Ricard are said to be in a race to buy the $10B spirits business of Fortune Brands (FO), ...the Financial Times reports that Daimler (DDAIF) has offered to sell half of its stake in EADS (EADSY) to the German government, ...the Nikkei reports that Honda (HMC) will recall over 693,000 vehicles worldwide due to faulty engine parts, ... Bloomberg reports that Borders Group (BGP) is taking bids to liquidate 200 stores after winning court permission on its first day in bankruptcy to draw on a $505M loan, and will take $400M of the so-called debtor-in-possession financing on an interim basis from lenders led by GE Capital (GE),…and finally, RadarOnline.com reports that Apple's (AAPL) Steve Jobs is receiving treatment at a cancer center.
