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Reporters From Paper Suing Chief of Tribune
A group at The Los Angeles Times sued the owner, Samuel Zell, accusing him of recklessness in the takeover and management of the newspaper’s parent, the Tribune Company.
Samsung turns hostile on SanDisk
Anybody else out there? Samsung has made a $5.85bn all-cash hostile takeover offer for SanDisk and is waiting for other potential bidders to come out of the woodwork. Toshiba and Seagate are obvious candidates for a bidding war.…
Lloyds TSB unveils HBOS takeover
Lloyds TSB unveils details of its 12.2bn takeover of HBOS, describing the deal as a "unique opportunity", but plays down claims of up to 40,000 job losses.
Darling seeks bank job assurances
The chancellor raises concern for Scottish jobs after Lloyds TSB unveiled details of its takeover of HBOS.
With Fed’s $85 Billion Loan, A.I.G. Starts to Calculate a Measured Sell-Off
A day after the Fed’s stunning takeover of A.I.G., its new managers began contemplating a breakup of the insurer’s far-flung empire and selling it off in coming months.
Obama: AIG takeover must protect the insured
Following the federal governement s takeover of insurance giant AIG, Barack Obama said the focus must be put on protecting Americans insurance policies, not bailing out shareholders. (Sept. (...)
White House defends AIG takeover
White House spokeswoman Dana Perino defends takeover of AIG, says taxpayers faced even greater risk if company failed. (Sept. 17)
Samsung-SanDisk deal likely to be nixed by regulators
SanDisk rejected an initial unsolicited takeover bid from Samsung Electronics that analysts say would likely be rejected by government regulators, even if it is ultimately consummated.


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