One of the top parlor games among undertakers reporters covering the newspaper business is figuring out who would buy The Boston Globe if The New York Times Co ever decided to sell it.
That game might get harder to play, now that the top candidate is out of the running. Here is the Globe’s competitor, the […]
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And then there were two.
With the demise today of the takeover deal for casino and racetrack operator Penn National Gaming Inc, the last big leverage buyouts still waiting to be put out of their misery are the takeovers of chemicals company Huntsman Corp and Canadian phone company BCE Inc.
The $6.1 billion takeover of Penn National died after […]
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As airlines try to cut costs and stay afloat without consolidation, more of them are looking at alliances that seek antitrust immunity as an alternate to mergers.
Airline alliances allow partners to streamline costs while sharing revenues. Without antitrust immunity, the data and revenue shared on the routes would normally be considered collusive.
The question is, will […]
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The past few weeks have brought a serious rethinking of the “credit crunch is ending” mantra that was making the rounds on Wall Street in March and April. …
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From Silicon Alley Insider, July 3, 2008:Carl Icahn is down a couple hundred million dollars on his Yahoo
(YHOO) gamble. His buddies, Boone Pickens and Dan Loeb — if they haven’t
run for the hills — are getting buried, too. So they want blood (in the
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With President Bush pushing Congress to pass housing legislation, some observers worry the government is going to go too far in trying to relieve stress in the housing sector.But Richard Suttmeier, chief market strategist of RightSide. …
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Adam Grosser is so green he accidentally wore a green shirt to our interview today, despite my warnings about our green screen set. Hence, the coral Yahoo shirt we found lying around and made him change into. As one of the more active investors in clean t
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Crude prices hit $146 per barrel early Thursday, a surge many attributed to the ECB’s rate hike, which initially put further downward pressure on the dollar. (The dollar has since bounced and oil retreated as the ECB suggested this rate hike may be its la
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