Dealbook

Recent Posts from Dealbook


  • Ron Paul Defends His Plan for Fed Oversight

    Defending himself against critics, Representative Ron Paul of Texas played down concerns on Friday that his amendment to give Congress sweeping new oversight powers over the Federal Reserve would compromise the central bank's political independence.

  • Hershey Considers a Counterbid for Cadbury

    Hershey is considering bidding for Cadbury, a proposal that would top the $16.7 billion hostile bid from Kraft, people briefed on the matter told DealBook on Friday.

  • Morgan Stanley Reaches Deal on Barclays Loan

    Morgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007.

  • BofA's Ideal Chief: the One Who's Leaving?

    Richard X. Bove, the outspoken bank analyst, believes that the best person to lead Bank of America is the man who's leaving the chief executive post.

  • CF Claims 3 Seats on Terra's Board

    CF Industries announced Friday that all three of its nominees were elected to the board of rival fertilizer maker Terra Industries, potentially ending an 11-month takeover battle.

  • Ohio Sues Credit Rating Agencies

    Ohio's attorney general sued Standard & Poor's, Moody's and Fitch Ratings on Friday, asserting that they provided misleading credit ratings that led to hundreds of millions of losses for state funds.

  • E.U. Takes More Time to Review Oracle-Sun Deal

    European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle's planned $7.4 billion takeover of Sun Microsystems.

  • Buffett Cuts Sweet Deal for Burlington Northern Loan

    It's no surprise that Warren E. Buffett can command enviable terms when it comes to bank loans. That's the case with the $8 billion loan he is borrowing to take over the rest of railroad…

  • P.&G. May Slow Down Deal-Making, Financial Chief Says

    Procter & Gamble does not see acquisitions as a core part of its growth plan and has started to buy back shares again, the consumer products conglomerate's chief financial officer said on Friday.

  • Volkswagen Board Moves Closer to Porsche Merger

    Volkswagen said Friday that its supervisory board had approved certain agreement contracts for the planned merger with German sportscar builder Porsche, taking the companies one step closer to completing the deal.