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Deutsche Bahn in Talks to Acquire Arriva PLC (LSE:ARI)
Word is out that Arriva PLC (LSE:ARI) is in talks to be acquired by Deutsche Bahn for a reported $2.5 billion, according to a statement released on the Arriva web site. Arriva is an operator of bus and rail based in the U.K. Operatons of the transport service...
United Kingdom (Apr 19th, 10)
Morgan Stanley (NYSE:MS), Wells Fargo (NYSE:WFC) Denied Municipal Bond Lawsuit Dismissal
A number of banks, including Morgan Stanley (NYSE:MS) and Wells Fargo (NYSE:WFC) had sought dismissal of a lawsuit against them which claims municipal derivatives they were working with were attempted to be rigged by them in the bidding process. This lawsuit ...
Legal (Mar 25th, 10)
BSkyB (LON:BSY) Sells 10.4 Percent Stake in ITV PLC (LON:ITV)
After a lengthy battle, BSkyB (LON:BSY) decided not to pursue more appeals concerning its acquisition of 17.9 percent of competitor ITV PLC (LON:ITV) in order to keep it from becoming to big and strong of a competitor. Consequently they were required to sell ...
United Kingdom (Feb 9th, 10)