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Archive for August, 2009

Market Chatter — Corporate finance press digest

August 31st, 2009
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BANGALORE, Sept 1 (Reuters) – The following corporate
finance-related stories were reported by media on Tuesday:


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financials

UPDATE 1-Fortress, Goldman among Joint Corp bidders -sources

August 31st, 2009
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* Joint Corp deal is worth up to $861 million – sources


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financials

Fortress, Goldman among bidders for Joint -sources

August 31st, 2009
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TOKYO, Sept 1 (Reuters) – Fortress Investment Group ,
Goldman Sachs Group Inc and Pacific Alliance Group are
among bidders for failed Japanese apartment developer Joint Corp
in a deal that could be worth up to 80 billion yen ($861
million), two people with direct knowledge of the deal said.


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financials

Pacific Alliance hires 4 ex-Deutsche Asia bankers

August 31st, 2009
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HONG KONG, Sept 1 (Reuters) – Pacific Alliance Group (PAG),
an Asia-focused alternative investment manager, said on Tuesday
that it hired four former senior Deutsche Bank
executives to expand its distressed asset investment team.


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financials

UPDATE 2-AIG, Greenberg, Smith agree to arbitrate disputes

August 31st, 2009
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* Agree to begin by Oct. 15, 2009, end by March 31, 2010


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financials

Massive Calif. Wildfire Burns Dozens of Homes

August 31st, 2009
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A deadly wildfire destroyed more than four dozen homes as it blackened a wide swath of tinder-dry Southern California forest, forced thousands of residents to flee and burned dangerously close Monday to a vital mountaintop broadcasting complex.
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financials

Cops Find Bone Near Kidnapping Suspect’s Home

August 31st, 2009
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Contra Costa County Sheriff’s Department spokesman Jimmy Lee said Monday authorities do not know if the bone is from a human or animal.
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financials

BofA Seeks to Repay U.S.

August 31st, 2009
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Bank of America offers to repay part of its bailout money, and the U.S. is pushing for the bank to pay at least $500M
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financials

Obama at Crossroads on Health Reform

August 31st, 2009
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As Congress returns from a stormy recess, and health care debate resumes, question appears to be: What can — or will — Obama do? | VIDEO | What Would Teddy Do?
FOX FORUM: It’s About Us, Not Ted | Reform Ploy
Poll: Americans Feel More Able to Pay for Health Care
Mass. Gov. Sets Jan. Vote to Fill Kennedy Seat
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financials

Documents Reveal Hunt for Hitler’s Deputy

August 31st, 2009
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Early reports indicated he had been killed by Russian shells, but rumors persisted that he had fled abroad, and files released by the National Archives on Tuesday show Britain’s security services carefully tracking possible sightings.
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financials