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Tampa-based Walter Industries Inc. expects to complete the spinoff of its financing business by Friday, the company said. This comes after a vote Wednesday by shareholders of Hanover Capital Mortgage Holdings to merge with Walter Investment Management LLC. A favorable ruling by the Internal Revenue Service related to the deal helped satisfy conditions for the closing. ...more
April 16, 2009
American Express Co. has ended another round of litigation with a rival card company, but still faces serious headwinds from its customers. ...more
June 26, 2008
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