Thursday Papers: 3i Group's investors attack £700 mln rights -- bid news and gossip

 * 3i Group's investors attack £700 million rights issue, their criticism putting the cash call claim in doubt

 * WPP Group completes £450 million convertible bond offering at 600p-a-share;net proceeds will be used for refinancing TNS and buying debt facilities

 * UKRD Group makes offer of 3.25p-a-share for Local Radio Co

 * Avocet Mining to give Wega $25 million interim funding

 * Dave Whelan Sports secures £20 million finance facility

 * Kiwara in advanced investment talks

 * JJB Sports receives approval to issue warrants

 * UK vanmaker LDV applies for administration

 * ArcelorMittal seeks to raise £2 billion from an offer of stock and convertible bonds

 * Administrators trying to sell Southampton FC have begun drawing up contingency plans for liquidation