Exact(1)
With the expected federal approval of the merger approaching, executives at Turner Broadcasting Systems, a division of Time Warner, are clearly looking to get CNN in order before its leadership has to report formally to Robert W. Pittman, the AOL president.
Similar(59)
As the vote on the merger approached, Wachtell told the bank's executives that shareholders did not need to know about Merrill's losses, and needed to be notified only if the losses would be far worse than the fourth-quarter results at Goldman Sachs, Morgan Stanley and other peers, said the four people briefed on the matter.
The call came as a deadline of Friday midnight for the 22 authorities to suggest voluntary mergers approached.
Late last year Mecom rejected a merger approach from Trinity Mirror.
2014: An informal merger approach to larger rival Rio Tinto is rebuffed.
Anglo American added 9p to £18.13 awaiting developments following the rejected merger approach from Xstrata, down 13.9p at 672.1p.
Directors have decided that Mr. O'Neal should leave in the wake of an $8.4 billion write-down and an unauthorized merger approach to a rival bank, Wachovia.
Now after an $8.4 billion write-down and an unauthorized merger approach to a rival bank, Wachovia, Mr. O'Neal has lost the confidence of his board and is expected to resign as chairman and chief executive as early as today.
But Mr. O'Neal retired under pressure this week after an unauthorized merger approach to a rival bank and an $8.4 billion write-down that resulted in an overall loss of $2.3 billion for the quarter.
Rio Tinto has said it rejected a merger approach in July from resources group Glencore and that there have been no further discussions between the companies about such a deal.
And while Gregory J. Fleming, a co-president, has been hurt somewhat by his role in the Wachovia merger approach, his stature as one of the firm's top investment bankers and his close relationship with Mr. Fink, the leading contender for the job, make him likely to stay.
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