Newspaper article The Florida Times Union

Morning Briefs

Newspaper article The Florida Times Union

Morning Briefs

Article excerpt

WINN-DIXIE DONATES $250,000 TO BREAST CANCER

Winn-Dixie will donate $250,000 to the National Breast Cancer Foundation, according to a statement from the company.

The donation from the Jacksonville grocer and some of its vendors will fund breast cancer education and pay for free mammograms. The donation will be presented during a ceremony at Winn-Dixie headquarters Monday at 11 a.m.

Diana Middleton/The Times-Union

FIDELITY COMPLETES ACQUISITION OF CERIDIAN

An investment group led by Fidelity National Financial Inc. Friday completed its $5.3 billion acquisition of Minneapolis-based Ceridian Corp.

The group led by Fidelity and Thomas H. Lee Partners invested $1.6 billion in equity in the deal. Jacksonville-based Fidelity contributed about $525 million of that equity, giving it a 33 percent stake in Ceridian.

Mark Basch/The Times-Union

SPRINT, CLEARWIRE DROP PLAN TO JOIN WIMAX NETWORKS

Sprint Nextel Corp. and Clearwire Corp. on Friday said they have canceled their plan to combine the high-speed wireless networks they are building.

The breakup is a blow to the much smaller Clearwire, which already has a network in some parts of the country based on the WiMax technology. Sprint's buildout, using the same technology, would have complemented Clearwire's coverage.

Shares of Clearwire fell $4.54, or 25 percent, to close at $13.49 after sliding as low as $13.03, an all-time low. The Kirkland, Wash., company founded by wireless pioneer Craig McCaw went public in March at $25 a share.

The breakup also casts a cloud over the future of WiMax, which is seen as a cost-effective alternative to cellular broadband. Sprint is the largest carrier to embrace the technology.

Associated Press

OFFICIAL OVERSEEING DIGITAL TV TRANSITION QUITS

The Bush administration official who heads the agency charged with ensuring the smooth transition for consumers of the television industry to digital broadcasting is leaving that post. …

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