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Cadbury's Cold Response to KraftKraft took its $16.7 billion bid for Cadbury, the British chocolate and chewing gum maker, directly to shareholders Monday after the Cadbury board rejected the offer as too low. ... |
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Amid I.P.O. Slide, Korean Bourse Attracts ListingsEven as Hong Kong begins to show signs of I.P.O. fatigue, several foreign companies have turned to Seoul, and are seeking to list their shares on South Korea's secondary stock market in a bid to tap liquidity there, the bourse operator said Tuesday. ... |
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Barclays' Remarkable BargainThe creditors to Lehman Brother's estate -- including large pension funds and hedge funds -- claim that Barclays bought the American firm for $5 billion less than it was worth. ... |
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Trustee May Win Billions for Investors in MadoffJeffry M. Picower, a longtime investor in Bernard L. Madoff's fraud scheme who died in his Palm Beach swimming pool last month, left an estate with assets far in excess of $1 billion - and that could be a spot of good news for Mr. Madoff's victims. ... |
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U.S. and Europe Disagree on Oracle-Sun DealThe Justice Department took on the European Union on Monday, saying Oracle's acquisition of Sun Microsystems would not be anticompetitive. ... |
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Bear Trial Jurors Ask for Evidence and Day OffJurors in the criminal trial of two former Bear Stearns hedge fund managers have been deliberating less than a day, but they have already requested several pieces of evidence, the testimony of one witness and even a day off. ... |
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