New Skirmishes Reported in Mali as France Vows to Exit

PARIS — Amid reports of continued skirmishes with Islamist extremists driven out of the main settlements of northern Mali, France renewed a promise on Wednesday that its soldiers would begin returning home within weeks, handing over to West African and Malian units charged with keeping the vast desert area under government control.

But French officials acknowledged that, despite their claimed military successes so far, new hostilities had erupted on Tuesday near the northern town of Gao between what were depicted as remnants of the insurgents and French and Malian forces.

“From the moment our forces, supported by Malian forces, began missions and patrols around the towns which we have taken, we have encountered residual jihadist groups which fight,” Defense Minister Jean-Yves Le Drian said in a radio interview.

“We will seek them out,” he said, pledging to bring security to the recaptured areas. “Yesterday there was some rocket fire from residual jihadist groups in the Gao region” of northern Mali, he said, without going into detail.

In an interview published in the Metro newspaper, Foreign Minister Laurent Fabius said that, starting in March, “the number of French troops should fall.

“France has no intention of remaining in Mali,” he said. “It is the Africans and the Malians themselves to guarantee the security, the territorial integrity and the sovereignty of the country.”

The Defense Minister, Mr. Le Drian, said the French deployment for its lightning offensive launched last month had now reached 4,000 soldiers “and we won’t go beyond that.”

The deployment is already far higher than the 2,500 soldiers France initially projected and has been boosted by the arrival during the weekend of 500 more soldiers.

But the French officials seem anxious to persuade their citizens that the country’s armed forces are not being pulled inexorably into a perilous long-term commitment risking higher casualties.

“The progressive transfer from the French military presence to the African military presence can be made relatively quickly,” he said. “In several weeks, we will be able to begin to reduce our deployment.”

France intervened after Islamist forces who had controlled northern Mali for months began a sudden drive to the south almost a month ago. After halting the rebel advance with airstrikes, France sent in ground troops who advanced along with Malian units but met little apparent resistance as the insurgents melted back into their hide-outs in the rugged northeast of the country.

But the latest reporting of skirmishes near Gao seemed to suggest that the insurgents have not completely withdrawn.

The main town in that region is Kidal, now under the control of French and Chadian forces.

In a first rough tally of casualties on Tuesday, Mr. Le Drian said the French intervention had killed “several hundred” insurgents, both in airstrikes and in “direct combat” in two towns in the center and north of the country — Konna and Gao.

France says it lost one member of its armed forced — a helicopter pilot — while Mali has said 11 of its soldiers were killed and 60 wounded in the fighting at Konna last month.

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Braun says he used Fla clinic owner as consultant

NEW YORK (AP) — Milwaukee Brewers slugger Ryan Braun said the person who ran the Florida clinic being investigated by Major League Baseball was used only as a consultant on his drug suspension appeal last year.

"I have nothing to hide," Braun said in a statement released by his representatives on Tuesday night.

Earlier in the day, Yahoo Sports reported the 2011 NL MVP's name showed up three times in records of the Biogenesis of America LLC clinic. Yahoo said no specific performance-enhancing drugs were listed next to his name.

The Miami New Times recently released clinic documents that purportedly linked Alex Rodriguez, Gio Gonzalez, Melky Cabrera and other players to purchases of banned drugs from the now-closed anti-aging center.

Rodriguez and Cabrera were on the list with Braun that also included New York Yankees catcher Francisco Cervelli and Baltimore Orioles infielder Danny Valencia.

Braun said his name was in the Biogenesis records because of an issue over payment to Anthony Bosch, who ran the clinic near Miami.

"There was a dispute over compensation for Bosch's work, which is why my lawyer and I are listed under 'moneys owed' and not on any other list," Braun said.

"I have nothing to hide and have never had any other relationship with Bosch," he said. "I will fully cooperate with any inquiry into this matter."

On Tuesday, MLB officials asked the Miami New Times for the records the alternative newspaper obtained for its story.

Asked specifically about Braun's name in the documents before the five-time All-Star released his statement, MLB spokesman Pat Courtney said: "Aware of report and are in the midst of an active investigation in South Florida."

Braun tested positive during the 2011 postseason for elevated testosterone levels. He maintained his innocence and his 50-game suspension was overturned during spring training last year when arbitrator Shyam Das ruled in favor of Braun due to chain of custody issues involving the sample.

With that, Braun became the first major leaguer to have a drug suspension overturned.

"During the course of preparing for my successful appeal last year, my attorneys, who were previously familiar with Tony Bosch, used him as a consultant. More specifically, he answered questions about T/E ratio and possibilities of tampering with samples," Braun said.

The T/E ratio is a comparison of the levels of testosterone to epitestosterone.

Braun led the NL in homers (41), runs (108) and slugging percentage (.595) last season while batting .319 with 112 RBIs and 30 stolen bases. He finished second to San Francisco catcher Buster Posey in MVP balloting."

Cervelli, who spent nearly all of last season in Triple-A, posted a statement on Twitter later Tuesday night.

"Following my foot injury in March 2011, I consulted with a number of experts, including BioGenesis Clinic, for (cont)," Cervelli posted, "(cont)legal ways to aid my rehab and recovery. I purchased supplements that I am certain were not prohibited by Major League Baseball."

An email sent to Valencia's agent was not returned.

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Ipswich Journal: Paul Mason Is One-Third the Man He Used to Be

Paul Nixon Photography

Paul Mason in 2012, two years after gastric bypass surgery stripped him of the unofficial title of “the world’s fattest man.”

IPSWICH, England — Who knows what the worst moment was for Paul Mason — there were so many awful milestones, as he grew fatter and fatter — but a good bet might be when he became too vast to leave his room. To get him to the hospital for a hernia operation, the local fire department had to knock down a wall and extricate him with a forklift.

That was nearly a decade ago, when Mr. Mason weighed about 980 pounds, and the spectacle made him the object of fascinated horror, a freak-show exhibit. The British news media, which likes a superlative, appointed him “the world’s fattest man.”

Now the narrative has shifted to one of redemption and second chances. Since a gastric bypass operation in 2010, Mr. Mason, 52 years old and 6-foot-4, has lost nearly two-thirds of his body weight, putting him at about 336 pounds — still obese, but within the realm of plausibility. He is talking about starting a jewelry business.

“My meals are a lot different now than they used to be,” Mr. Mason said during a recent interview in his one-story apartment in a cheerful public housing complex here. For one thing, he no longer eats around the clock. “Food is a necessity, but now I don’t let it control my life anymore,” he said.

But the road to a new life is uphill and paved with sharp objects. When he answered the door, Mr. Mason did not walk; he glided in an electric wheelchair.

And though Mr. Mason looks perfectly normal from the chest up, horrible vestiges of his past stick to him, literally, in the form of a huge mass of loose skin choking him like a straitjacket. Folds and folds of it encircle his torso and sit on his lap, like an unwanted package someone has set there; more folds encase his legs. All told, he reckons, the excess weighs more than 100 pounds.

As he waits to see if anyone will agree to perform the complex operation to remove the skin, Mr. Mason has plenty of time to ponder how he got to where he is. He was born in Ipswich and had a childhood marked by two things, he says: the verbal and physical abuse of his father, a military policeman turned security guard; and three years of sexual abuse, starting when he was 6, by a relative in her 20s who lived in the house and shared his bed. He told no one until decades later.

After he left school, Mr. Mason took a job as a postal worker and became engaged to a woman more than 20 years older than him. “I thought it would be for life, but she just turned around one day and said, ‘No, I don’t want to see you anymore — goodbye,’ ” he said.

His father died, and he returned home to care for his arthritic mother, who was in a wheelchair. “I still had all these things going around in my head from my childhood,” he said. “Food replaced the love I didn’t get from my parents.” When he left the Royal Mail in 1986, he said, he weighed 364 pounds.

Then things spun out of control. Mr. Mason tried to eat himself into oblivion. He spent every available penny of his and his mother’s social security checks on food. He stopped paying the mortgage. The bank repossessed their house, and the council found them a smaller place to live. All the while, he ate the way a locust eats — indiscriminately, voraciously, ingesting perhaps 20,000 calories a day. First he could no longer manage the stairs; then he could no longer get out of his room. He stayed in bed, on and off, for most of the last decade.

Social service workers did everything for him, including changing his incontinence pads. A network of local convenience stores and fast-food restaurants kept the food coming nonstop — burgers, french fries, fish and chips, even about $22 worth of chocolate bars a day.

“They didn’t deliver bags of crisps,” he said of potato chips. “They delivered cartons.”

His life became a cycle: eat, doze, eat, eat, eat. “You didn’t sleep a normal sleep,” he said. “You’d be awake most of the night eating and snacking. You totally forgot about everything else. You lose all your dignity, all your self-respect. It all goes, and all you focus on is getting your next fix.”

He added, “It was quite a lonely time, really.”

He got infections a lot and was transported to the hospital — first in a laundry van, then on the back of a truck and finally on the forklift. For 18 months after a hernia operation in 2003, he lived in the hospital and in an old people’s home — where he was not allowed to leave his room — while the local government found him a house that could accommodate all the special equipment he needed.

This article has been revised to reflect the following correction:

Correction: February 6, 2013

The headline on an earlier version of this article misstated Paul Mason’s current weight relative to what he weighed nearly a decade ago. He is now about one-third, not two-thirds, the weight he was then.

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DealBook: Liberty Global Reaches Deal for Virgin Media

8:07 p.m. | Updated

LONDON – Liberty Global, the international cable company owned by the American billionaire John C. Malone, agreed on Tuesday to buy the British cable company Virgin Media for about $16 billion.

The deal gives Liberty Global access to Europe’s largest cable market, and pits Mr. Malone against Rupert Murdoch, his longtime rival and biggest shareholder in Britain’s largest pay-TV provider British Sky Broadcasting.

Under the terms of the deal, Liberty Global said it had offered a package of cash and stock that it valued at $47.87 for each share in Virgin Media, a 24 percent premium over Virgin Media’s closing price on Monday.

The takeover ranks as one of the 10 largest cable deals of all time, according to figures from the data provider Thomson Reuters.

“Virgin Media will add significant scale and a first-class management team in Europe’s largest and most dynamic media and communications market,” Mike Fries, Liberty Global’s president and chief executive, said in a statement.

“After the deal, roughly 80 percent of Liberty Global’s revenue will come from just five attractive and strong countries — the U.K., Germany, Belgium, Switzerland and the Netherlands.”

News of the talks, confirmed earlier in the day in a statement by Virgin Media, came amid heightened merger and acquisition activity in the European television business. As European broadcasters suffer from stagnant or falling advertising revenue, American media conglomerates, looking to expand their international presence, are playing a significant role.

Mr. Malone and Mr. Murdoch have gone head-to-head before. From 2004 to 2006, they fought for control of DirecTV, the American satellite television provider.

The clash ended with Mr. Malone yielding a stake that he had built up in News Corporation. But the Liberty Group, which has operations in 13 countries, completed its purchase of a controlling stake in DirecTV from News Corporation in a cash-and-equity deal worth roughly $11 billion.

In recent years, Liberty Global has been expanding its presence in Europe and has operations from Ireland to Romania, though it failed last month in its bid to acquire the Telenet Group of Belgium for $2.7 billion. Liberty Global owns a 58 percent stake in Telenet.

Since early 2010, Liberty has bought two German rivals to build its operations in Europe’s largest economy.

In response, News Corporation has been expanding its global cable business, including the $2.1 billion acquisition of Consolidated Media, the Australian pay-television company, late last year.

Since the beginning of the financial crisis, Virgin Media, whose commercials feature the Olympic sprinting star Usain Bolt, has announced job cuts and invested in its broadband structure to reduce costs and increase its market share in Britain’s competitive cable market.

The company’s market capitalization stands at more than $10 billion. Including debt, its enterprise value is around $19.4 billion, according Thomson Reuters. Shares of Virgin Media, which are primarily traded on the Nasdaq, were up nearly 18 percent to $45.61 on the news of the Liberty talks.

Virgin’s shares have jumped almost 90 percent in the last 12 months, as more consumers sign up for so-called bundled services, including Internet and cellphone contracts. Virgin Media will announce its earnings on Wednesday.

Analysts warned that it would be difficult for Liberty Global to make additional savings between its current European operations and those of Virgin Media because Liberty does not have a business in Britain.

They said Liberty waited to make its move until Virgin made several upgrades to its network and restructured its debt. While Virgin has been gaining market share, it has 4.9 million customers, or roughly half the number of subscribers as its larger rival, BSkyB, according to filings by the companies.

The British billionaire Richard Branson, whose Virgin brand is used for a variety of products and services, including airlines and banks, owns less than 3 percent of Virgin Media.

News of the talks also came amid heightened merger and acquisition activity in the European television business. In December, Discovery Communications agreed to pay $1.7 billion for the Scandinavian operations of a large German commercial television company.

According to news reports this week, the majority owners of the German company are considering a sale. American media companies, including Time Warner, have been mentioned as potential buyers.

Analysts say the flurry of activity is driven by a desire among pay-television companies and broadcasters to diversify revenue sources that are coming under increased pressure. So broadcasters are setting up pay-television channels, and cable and satellite companies are looking to new content delivery platforms, like the Internet.

While commercial broadcasters remain powerful in Germany, Britain is the most lucrative pay-television market in Europe, according to Screen Digest, a research firm.

The deal for Virgin Media is expected to close during the second quarter of this year.

LionTree Advisors, Credit Suisse and the law firms Shearman & Sterling and Ropes & Gray advised Liberty Global, while Goldman Sachs, JPMorgan Chase and the law firms Fried Frank and Milbank advised Virgin Media.

Mark Scott reported from London, and Eric Pfanner from Paris.

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This post has been revised to reflect the following correction:

Correction: February 5, 2013

Because of an editing error, an earlier version of this article misstated the first name of the leader of News Corporation. He is Rupert Murdoch, not Richard.

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Ahmadinejad’s Ally Arrested in as Fight With Family Grows

TEHRAN — Iranian judicial authorities arrested a protégé of President Mahmoud Ahmadinejad on Monday, the latest round in an escalating power struggle between Iran’s elected leader and the country’s most influential political family.

The Tehran prosecutor’s Web site announced the arrest of Saeed Mortazavi late Monday night, although it gave no official reason for the action.

The move follows the disclosure of a secret film by President Ahmadinejad on Monday in parliament, in which Mr. Mortazavi could be seen purportedly discussing a fraudulent business deal proposed by Fazel Larijani, 49, the youngest of the five brothers of the politically influential Larijani family.

The president’s disclosure of the film of the meeting caused an uproar in Iran, where allegations of corruption are usually made behind closed doors.

The ensuing arrest of Mr. Mortazavi, the president’s ally, heightens the intensifying stakes in the battle. Mr. Mortazavi has been controversial figure, known for closing dozens of reformist newspapers while he was a judge. The Canadian government has implicated him in the death of an Iran-Canadian photographer in 2003. And in 2010 a parliamentary report concluded that Mr. Mortazavi, while working as a prosecutor, shared responsibility for the death of three protesters in a police prison facility.

Most recently lawmakers forced his dismissal as the head of the vast Social Welfare Organization, only to have President Ahmadinejad reinstate him as caretaker.

Traveling to Egypt on the first visit of an Iranian president to that country since the 1979 Islamic revolution, Mr. Ahmadinejad condemned the arrest of Mr. Mortazavi, saying he had discovered a crime, but was now being punished.

“The judiciary belongs to the nation, and is not a family organization,” he told the state Islamic Republic News Agency on Tuesday, an apparent swipe at the Larijani family.

President Ahmadinejad, who is embroiled in political fights with both the parliament and the judiciary, has long criticized what he calls the Larijani family’s grip on power in Iran. The Larijanis counter that they have all been appointed to their positions through normal procedures.

The Larijani family is well known in Iran for the high positions they hold. One of the brothers, Ali Larijani, 55, is the head of parliament and former top nuclear negotiator, another, Sadegh Larijani, 52, is an ayatollah who heads Iran’s judiciary. The oldest brother, Mohammad-Javad Larijani, 61, is a Berkeley-educated mathematician, and one of the main theoreticians of the Islamic Republic’s political ideology.

Ali Larijani is expected to run in upcoming presidential elections scheduled for June 14, for which president Ahmadinejad is expected to support one of his own close aides as a candidate. The accusations against the Larijani family seem aimed at portraying them and their supporters as corrupt as elections near.

Mr. Mortazavi’s arrest, directly following Mr. Ahmadinejad’s disclosure of the film, is remarkable given that many politicians had called for Mr. Mortazavi’s arrest over the prison deaths, an incident harshly condemned by the country’s supreme leader, Ayatollah Ali Khamenei.

“A person was attempting to do trades that seem illegal,” Mr. Mortazavi told the Iranian Student News Agency on Monday before his arrest. “I merely reported this case to the government.”

On Sunday Ali Larijani said in parliament that he had no problem with the accusations, saying it reflected more on the president’s conduct. “They only show his true character,” the semiofficial Fars News Agency quoted him as saying.

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Niners have better chance than Ravens to be back

NEW ORLEANS (AP) — The Baltimore Ravens carried off the Lombardi Trophy. Their beaten opponent has a better chance of doing it next season.

San Francisco running back Frank Gore insisted the 49ers were the more talented team even after losing 34-31 to the Ravens in Sunday's Super Bowl. The scoreboard said otherwise, but when the conference champions meet at the Meadowlands next February — yes, outdoors in the dead of winter for the NFL crown — the Niners easily could represent the NFC.

Again.

"I'd say we've got a great group of guys in the locker room, great warriors," Gore said, "and I'm not going to promise anything next year, but we're going to fight to get back here."

The toughest fight might be in their own division with Seattle and rapidly improving St. Louis. The Seahawks were the only team to allow fewer points than the 49ers, and their rivalry — including the semi-feud between coaches Jim Harbaugh and Pete Carroll — adds spice to the NFC West.

But the 49ers have to be the NFC favorite after losing in overtime to the Giants for the conference title last year, then barely falling to the Ravens on Sunday night.

"This is kind of tough, to get this far and let everything slip away through your hands," said Ahmad Brooks, part of the best linebacking corps in the league, along with All-Pros Patrick Willis, Aldon Smith and NaVorro Bowman. "The funny thing about it is, within the next few months, we're going to start trying to get back to the same place that we're at right now."

As will the Ravens, but their challenge is more imposing.

Unlike the 49ers, who figure to lose virtually no important parts — receiver Randy Moss, perhaps, but he was a marginal player in 2012 — the Ravens have bid adieu to their greatest player, linebacker Ray Lewis. Not only will they miss his performances on the field and his presence in the locker room, but he was the emotional engine in Baltimore.

The leadership burden will fall on two players whose contracts have expired but likely will be back with the Ravens: Super Bowl MVP quarterback Joe Flacco and veteran safety Ed Reed.

Flacco almost certainly will get the franchise tag at more than $14 million if he can't agree to a long-term deal. But in the current NFL, winning without a top-level QB is impossible, and there can be no arguing now about Flacco belonging in that class.

Reed wants to return and the Ravens recognize how unwise it would be to let both Lewis and Reed leave at the same time — even after winning their second Super Bowl in 12 seasons.

"I always said when I came into the league and got drafted that I didn't want to be one of those guys jumping from team to team," Reed said during Super Bowl week.

Regardless, the Ravens will be a force — odds makers have placed them behind New England and Denver in the AFC next season — and one of the NFL's most prolific offensive teams.

Flacco throwing to the superb trio of wide receivers Anquan Boldin and Torrey Smith and tight end Dennis Pitta, plus the versatility of running back Ray Rice and a stud backup in Bernard Pierce says so. Flacco's protection from the line and All-Pro fullback Vonta Leach was impeccable in the postseason, helping Flacco throw for a record-tying 11 TDs with no interceptions.

The defense, oddly enough considering Baltimore's reputation, needs some work. But linebacker Terrell Suggs will be even healthier — he came back quickly from a torn Achilles tendon — and top cornerback Lardarius Webb returns from a knee injury.

Just like the 49ers, the Ravens have a tough task in their division. Cincinnati is young, but has made the playoffs the last two years. Pittsburgh never remains dormant for long.

Should these two clubs make it to the first outdoor Super Bowl at a cold-weather site, would Baltimore have the edge because it's used to such conditions? And because it's a three-hour drive from MetLife Stadium, will Ravens fans be out in force even more than they were in the Big Easy?

Or would the 49ers' immense talent base be overwhelming?

Food for thought over the next 11 months.

"We've got to look at this as a blessing because we didn't have to be here, but we made it," tight end Vernon Davis said. "We've always got next year; we've got next season. We might as well look forward to next season, keep our hopes high and continue to climb."

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Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL

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Well: Expressing the Inexpressible

When Kyle Potvin learned she had breast cancer at the age of 41, she tracked the details of her illness and treatment in a journal. But when it came to grappling with issues of mortality, fear and hope, she found that her best outlet was poetry.

How I feared chemo, afraid
It would change me.
It did.
Something dissolved inside me.
Tears began a slow drip;
I cried at the news story
Of a lost boy found in the woods …
At the surprising beauty
Of a bright leaf falling
Like the last strand of hair from my head

Ms. Potvin, now 47 and living in Derry, N.H., recently published “Sound Travels on Water” (Finishing Line Press), a collection of poems about her experience with cancer. And she has organized the Prickly Pear Poetry Project, a series of workshops for cancer patients.

“The creative process can be really healing,” Ms. Potvin said in an interview. “Loss, mortality and even hopefulness were on my mind, and I found that through writing poetry I was able to express some of those concepts in a way that helped me process what I was thinking.”

In April, the National Association for Poetry Therapy, whose members include both medical doctors and therapists, is to hold a conference in Chicago with sessions on using poetry to manage pain and to help adolescents cope with bullying. And this spring, Tasora Books will publish “The Cancer Poetry Project 2,” an anthology of poems written by patients and their loved ones.

Dr. Rafael Campo, an associate professor of medicine at Harvard, says he uses poetry in his practice, offering therapy groups and including poems with the medical forms and educational materials he gives his patients.

“It’s always striking to me how they want to talk about the poems the next time we meet and not the other stuff I give them,” he said. “It’s such a visceral mode of expression. When our bodies betray us in such a profound way, it can be all the more powerful for patients to really use the rhythms of poetry to make sense of what is happening in their bodies.”

On return visits, Dr. Campo’s patients often begin by discussing a poem he gave them — for example, “At the Cancer Clinic,” by Ted Kooser, from his collection “Delights & Shadows” (Copper Canyon Press, 2004), about a nurse holding the door for a slow-moving patient.

How patient she is in the crisp white sails
of her clothes. The sick woman
peers from under her funny knit cap
to watch each foot swing scuffing forward
and take its turn under her weight.
There is no restlessness or impatience
or anger anywhere in sight. Grace
fills the clean mold of this moment
and all the shuffling magazines grow still.

In Ms. Potvin’s case, poems related to her illness were often spurred by mundane moments, like seeing a neighbor out for a nightly walk. Here is “Tumor”:

My neighbor walks
For miles each night.
A mantra drives her, I imagine
As my boys’ chant did
The summer of my own illness:
“Push, Mommy, push.”
Urging me to wind my sore feet
Winch-like on a rented bike
To inch us home.
I couldn’t stop;
Couldn’t leave us
Miles from the end.

Karin Miller, 48, of Minneapolis, turned to poetry 15 years ago when her husband developed testicular cancer at the same time she was pregnant with their first child.

Her husband has since recovered, and Ms. Miller has reviewed thousands of poems by cancer patients and their loved ones to create the “Cancer Poetry Project” anthologies. One poem is “Hymn to a Lost Breast,” by Bonnie Maurer.

Oh let it fly
let it fling
let it flip like a pancake in the air
let it sing: what is the song
of one breast flapping?

Another is “Barn Wish” by Kim Knedler Hewett.

I sit where you can’t see me
Listening to the rustle of papers and pills in the other room,
Wondering if you can hear them.
Let’s go back to the barn, I whisper.
Let’s turn on the TV and watch the Bengals lose.
Let’s eat Bill’s Doughnuts and drink Pepsi.
Anything but this.

Ms. Miller has asked many of her poets to explain why they find poetry healing. “They say it’s the thing that lets them get to the core of how they are feeling,” she said. “It’s the simplicity of poetry, the bare bones of it, that helps them deal with their fears.”

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Have you written a poem about cancer? Please share them with us in the comments section below.

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DealBook: Dell Nears a Buyout Deal of More Than $23 Billion

Dell Inc. neared an agreement on Monday to sell itself to a group led by its founder and the investment firm Silver Lake for more than $23 billion, people briefed on the matter said, in what would be the biggest buyout since the financial crisis.

If completed, a takeover would be the most ambitious attempt yet by Michael S. Dell to revive the company that bears his name. Such is the size of the potential deal that Mr. Dell has called upon Microsoft, one of his most important business partners, to shore up the proposal with additional financial muscle. The question will now turn to whether taking the personal computer maker private will accomplish what years of previous turnaround efforts have not.

The final details were being negotiated on Monday evening, and a deal could be announced as soon as Tuesday. Still, last-minute obstacles could cause the talks to collapse, the people briefed on the matter cautioned.

The consortium is expected to pay $13.50 to $13.75 a share, these people said. Mr. Dell is expected to contribute his nearly 16 percent stake to the deal, worth about $3.8 billion under the current set of terms. He is also expected to contribute hundreds of millions of dollars in fresh capital from his own fortune.

Silver Lake, known as one of the biggest investors in technology companies, would most likely contribute roughly $1 billion, these people added. Microsoft is expected to put in about $2 billion, though that would probably come in the form of preferred shares or debt.

Dell is also expected to bring home some of the cash that it holds in offshore accounts to help with the financing.

A spokesman for Dell declined to comment.

For decades, Dell benefited from its status as a pioneer in the market for personal computers. Founded in 1984 in a dormitory room at the University of Texas, the company grew into one of the biggest computer makers in the world, built on the simple premise that customers would flock to customize their machines.

By the late 1990s, its fast-rising stock created a company worth $100 billion and minted a class of “Dellionaires” whose holdings made for big fortunes, at least on paper. Mr. Dell amassed an estimated $16 billion and formed a quietly powerful investment firm to manage those riches.

But growing competition has sapped Dell’s strength. Rivals like Lenovo and Samsung have made the PC-making business less profitable. Last month, the market research firm Gartner reported that Dell sold 37.6 million PCs worldwide in 2012, a 12.3 percent drop from the previous year’s shipments. Perhaps more significant is the emergence of the smartphone and the tablet, two classes of devices that have eaten away at sales of traditional computers.

Mr. Dell has sought to move the company into the more lucrative and stable business of providing corporations with software services, spending billions of dollars on acquisitions to lead that transformation. The aim is to refashion Dell into something more like I.B.M. or Oracle. Even so, manufacturing PCs still makes up half of the company’s business.

The company’s stock had fallen 59 percent in the 10 years ended Jan. 11, the last business day before word of the buyout talks emerged. That has actually made Dell more tempting as a takeover target for its founder and Silver Lake, which see it as undervalued.

A Dell deal would be a watershed moment for the leveraged buyout industry: It would be the largest takeover since the Blackstone Group paid $26 billion for Hilton Hotels in the summer of 2007. No leveraged buyout since the financial crisis has surpassed the $7.2 billion that Kohlberg Kravis Roberts and others paid for the Samson Investment Company, an oil and gas driller, in the fall of 2011.

Private equity executives have hungered for the chance to strike a deal worth more than $10 billion, an accomplishment believed difficult because of the sheer size of financing required. Dell would take on more than $15 billion in debt, an enormous amount arranged by no fewer than four banks.

But the debt markets have been soaring over the last two years, as the cost of junk bonds has stayed low. Persistent low interest rates have prompted debt buyers to seek investments that carry higher yields

Dell was unusually well-placed to make a deal with private equity. The company carries $4.9 billion in long-term debt, which some analysts have regarded as a manageable amount. And its management has signaled a willingness to bring back at least some of the company’s cash hoard held overseas, despite potentially ringing up a hefty tax bill.

It is unclear whether the company’s biggest investors will accept a deal at the levels that the buyer consortium is advocating. Shares of Dell fell 2.6 percent, to $13.27, on Monday after reports of the proposed price range emerged.

Biggest Private Equity-Backed Leveraged Buyouts

DEAL, IN BILLIONS	TARGET	BUYER	ANNOUNCED
Source: Thomson Reuters *At time of deal, including assumption of debt, not adjusted for inflation.
$44.3	TXU	Morgan Stanley, Citigroup, Lehman Brothers Holdings, Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs	February 2007
37.7	Equity Office Properties Trust	Blackstone Group	November 2006
32.1	HCA	Bain Capital, Kohlberg Kravis Roberts and Merrill Lynch Global Private	July 2006
30.2	RJR Nabisco	Kohlberg Kravis Roberts	October 1988
30.1	BAA	Grupo Ferrovial SA, Caisse de Depot et Placement and GIC Special Invest	March 2006
27.6	Harrah’s Entertainment	Texas Pacific Group and Apollo Management	October 2006
27.4	Kinder Morgan	GS Capital Partners, The Carlyle Group and Riverstone Holdings	May 2006
27.2	Alltel	TPG Capital and GS Capital Partners	May 2007
27.0	First Data	Kohlberg Kravis Roberts	April 2007
26.7	Hilton Hotels	Blackstone Group	July 2007

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Scholars to Say Whether Bones Belong to Richard III

LEICESTER, England — In one of Britain’s most dramatic modern archaeological finds, researchers here announced on Monday that skeletal remains found under a parking lot in this English Midlands city were those of King Richard III, for centuries the most widely reviled of English monarchs, paving the way for a possible reassessment of his brief but violent reign.

Richard Buckley, the lead archaeologist on a project to identify the bones, told reporters that tests and research since the remains were discovered last September proved “beyond reasonable doubt” that the “individual exhumed” from a makeshift grave under the parking lot was “indeed Richard III.”

Part of the evidence came from DNA testing by the geneticist Turi King, who told the same new conference that DNA samples taken from modern-day descendants of Richard’s family matched those of the bones found at the site.

The skeleton, with an arrowhead in its back and bearing other signs of battle wounds, was exhumed in the ruins of an ancient priory. It was found in the same place as historians say Richard III was buried after perishing at the Battle of Bosworth in 1485.

At the news conference on Monday, researchers showed photographs of the skeleton as they found it, stuffed into a grave without a coffin, clearly displaying curvature of the spine as chronicled in contemporary accounts of Richard III’s appearance.

DNA samples from the remains had been compared with the DNA of two descendants of the monarch’s family. One of them, Michael Ibsen, is the son of a 16th-generation niece of King Richard’s. The second descendant wished to remain anonymous, the researchers said.

The researchers said that the body displayed 10 wounds, 8 of them in the skull and some likely to have caused death, possibly by a blow from a halberd, a kind medieval weapon with an ex-like head on a long pole. Other wounds seem to have been inflicted after his death to humiliate the monarch after his armor was stripped and he was paraded naked over the back of a horse, the researchers said.

Since at least the late 18th century, scholars have debated whether Richard was the victim of a campaign of denigration by the Tudor monarchs who succeeded him. His supporters argue that he was a decent king, harsh in the ways of his time, but a proponent of groundbreaking measures to help the poor, extend protections to suspected felons and ease bans on the printing and selling books.

But his detractors cast Richard’s 26 months on the throne as one of England’s grimmest periods, its excesses captured in his alleged role in the murder in the Tower of London of two young princes — his own nephews — to rid himself of potential rivals.

Shakespeare told the king’s story in “Richard III,” depicting him as an evil, scheming hunchback whose death at 32 ended the War of the Roses and more than three centuries of Plantagenet rule, bookended England’s Middle Ages, and proved a prelude to the triumphs of the Tudors and Elizabethans.

In Shakespeare’s account, Richard was killed after being unhorsed on the battlefield, crying: “A horse, a horse, my kingdom for a horse.”

The identification of the bones on Monday may lead to demands for him to buried alongside other monarchs in a place of honor, such as London’s Westminster Abbey.

The bones were first located when archaeologists used ground-penetrating radar on the site of the former priory and discovered that it was not underneath a 19th century bank where it was presumed to be, but under a parking lot across the street. The remains were located within days of the start of digging.

John F. Burns reported from Leicester, and Alan Cowell from London.

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SUPER BOWL WATCH: Brotherly advice, Twitter buzz

NEW ORLEANS (AP) — Around the Super Bowl and its host city with journalists from The Associated Press bringing the flavor and details of everything surrounding the game:

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BROTHERLY ADVICE: AARON RODGERS

Baltimore Ravens coach John Harbaugh and San Francisco 49ers coach Jim Harbaugh are hardly the only high-profile siblings who’ve squared off in their arena of expertise. The AP is asking some others who can relate how to handle going against a family member in the Super Bowl.

As the middle of three brothers, Green Bay Packers quarterback Aaron Rodgers knows a thing or two about high-stakes competitions with siblings. It wouldn’t matter if he was facing one of his brothers in the backyard or the sport’s biggest stage.

“I’d want to beat them pretty bad,” the 2011 NFL MVP said. “I really would.”

Less than two years separates Rodgers and his older brother, Luke, now on Fuel TV’s “Clean Break,” and the two are “very competitive.”

“My older brother and I had a lot of great matchups, great one-on-one games. We competed a lot in sports,” Rodgers said.

There’s still a chance Rodgers could wind up facing one of his brothers on the field, maybe even at the Super Bowl. Jordan Rodgers led Vanderbilt to its first nine-win record since 1915 last season and is now preparing for the NFL draft.

“I hope so,” Rodgers said of the prospects of a “Rodgers Bowl.” ”And I hope we would win if that ever happened.”

— Nancy Armour — http://twitter.com/nrarmour

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TWITTER BUZZ BUILDING

Americans on Twitter are already buzzing about the Super Bowl with about 6 hours until the game kicks off.

Four terms related to the game between the Baltimore Ravens and San Francisco 49ers are trending in the United States: “Happy Super Bowl Sunday,” ”49ers,” ”Beyonce” and “Ray Lewis.”

None, however, are trending worldwide yet.

— Oskar Garcia — http://twitter.com/oskargarcia

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GUN AD

Washington lawmakers watching the Super Bowl in the beltway are getting a 30-second visit from New York Mayor Michael Bloomberg’s gun control group.

Mayors Against Illegal Guns, a coalition of more than 900 mayors in 48 states, paid six figures for the local spot, according to a Bloomberg spokesman.

The ad calls on lawmakers to pass rules requiring background checks on guns. It is narrated by children with “America the Beautiful” playing in the background.

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QUICKQUOTE: ANDREW LUCK

Andrew Luck has high praise for San Francisco 49ers coach Jim Harbaugh, his old coach at Stanford. Even if he did pick an unusual way to express it.

“I always enjoyed playing under coach Harbaugh. He always brought a lot of energy and enthusiasm,” the Indianapolis Colts quarterback said. “He was the type of guy you’d want in an alley fight with you. You could tell he wanted to win just as bad as the next guy.”

— Nancy Armour — http://www.twitter.com/nrarmour

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EDITOR’S NOTE — “Super Bowl Watch” shows you the Super Bowl and the events surrounding the game through the eyes of Associated Press journalists across New Orleans and around the world. Follow them on Twitter where available with the handles listed after each item.

Social Media News Headlines – Yahoo! News

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