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Kraft Foods has gone hostile in its bid to buy Cadbury but didn't sweeten its first bid, drawing an immediate rejection from the British candymaker in what likely will be a lengthy takeover struggle. ...more
November 10, 2009
Stanley Works is buying rival Black & Decker Corp. for $4.5 billion, the two companies said Monday, bringing together mammoth brands in the toolmaking business. ...more
November 3, 2009
Twitter Inc.'s lack of revenue isn't discouraging investors. In the latest indication of the fervor surrounding its popular messaging service, Twitter has raised $100 million in a deal that values the 3-year-old company at $1 billion. ...more
September 26, 2009
Shareholders of Walter Industries on Thursday gave the company a new identity to better reflect its core business: coal production. ...more
April 25, 2009
Shareholders of Walter Industries today approved a spinoff of the company's financing business, allowing the Tampa-based company to focus solely on coal production. ...more
April 23, 2009
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
Ivan Seidenberg, the chief executive of Verizon Communications Inc., received $20.2 million in compensation in 2008, essentially the same as in the past two years, according to a regulatory filing. ...more
February 28, 2009
Patti Constantino-Martin of Spring Hill wants an end to bailouts and the government to seize the assets of the executives of failed financial institutions. ...more
February 25, 2009
WASHINGTON (AP) - The White House on Friday insisted it's not trying to take over two ailing financial institutions, even as stocks tumbled again. ...more
February 22, 2009
In his latest move to show support for his bank, Bank of America Corp. Chief Executive Ken Lewis spent almost a million dollars this week to buy additional shares of his struggling bank. ...more
February 7, 2009
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