Updated throughout the day.

Updated: 11.32 AM Eastern: Vonage (VG) may be bought, by AT&T (T)? Redhat (RHT) may be bought by IBM (IBM). Cree (CREE) may buy Nanometrics (NANO) (Barron’s)

Prudential plc is preparing to make cuts at the AIG (AIG) insurance unit in Asia that it is buying (Reuters).

Nortel has been granted permission by a bankruptcy court to sell its VoIP assets to Genband for $282 million (AP)

Pearson has selected three private equity firms to be the final bidders for its Interactive Data unit. (FT)

Douglas A. McIntyre