mercredi 2 mai 2012

Business briefs


The roadshow for Facebook’s initial public offering is scheduled to start Monday, meaning the company’s shares should begin trading on May 18, a source familiar with the process told Reuters yesterday.


Regulators added 21 days to an informal time limit for considering Verizon Wireless’s proposed $3.6 billion airwaves purchase from cable providers led by Comcast and Time Warner Cable.


Judge Jed Rakoff ruled that trustee Irving Picard may try to claw back fictitious profits only from the last two years before the epic Madoff fraud was disclosed in December 2008.

No see CEO

Macy’s has refused to make CEO Terry Lundgren available for a deposition in its lawsuit against Martha Stewart Living Omnimedia, according to a court filing.

Play ball!

The Los Angeles Dodgers completed their $2 billion sale to a group including Guggenheim Partners and ex-basketball player Magic Johnson, allowing the team to exit bankruptcy.


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Irving Picard, initial public offering, Verizon, Martha Stewart Living Omnimedia, Comcast, Jed Rakoff, Los Angeles Dodgers, Terry Lundgren, Facebook ebook download, Guggenheim Partners

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