Updated throughout the day.

Germany and France will help bail out Greece by taking 50% of a 30 billion euro offering by the troubled nation. (various)

Hedge fund NIR Group is being investigated for taking kick-backs in exchange for inflated valuations of its holdings. (NYT)

Apollo Management is the likely winner in a battle to take over bankrupt Dutch chemical firm Lyondell (NYPost)

Dell (DELL) and HP (HPQ) are the likely buyers of Palm (PALM) (Barron’s)

Douglas A. McIntyre