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Highest Bidder

Latest Headlines

Latest Headlines

NYSE Euronext's board can choose against highest bid

Some of you may be wondering what the legal issues are regarding NYSE Euronext's board decision to stick with the lower bid. Are directors not trampling on shareholders rights? The New York Times ' Deal Professor provides an answer. The board was quite shrewd in structuring the deal as a me

The scoop on toxic asset plans to be announced

The rubber is meeting the road in the Obama Administration's efforts to end the financial crisis. According to the New York Times , the plans to be announced this week amount to a three-pronged action plan aimed at getting toxic assets off the books at big banks: First, the FDIC will set up par