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It is close to settling with asbestos claimants for up to $2.7bn.
Customers of Salomon Smith Barney who heeded Mr. Grubman's bullish advice on WorldCom stock had mixed reactions to the news that he was close to settling with regulators.
The private equity firms seeking to buy Clear Channel Communications are close to settling with the banks financing the deal, a person briefed on the negotiations said Monday.
Another investment firm, Janus Capital, is close to settling with regulators, with an announcement possible by the end of the month, people briefed on the talks said.
Last week, The New York Times reported that regulators were close to settling with 14 banks whose foreclosure practices had ridden roughshod over borrowers and the rule of law.
But even Related was said to have been close to settling with several buyers of large apartments at the Brompton, a new building designed by Robert A. M. Stern at Third Avenue and 85th Street, according to brokers familiar with the building.
Similar(52)
"I am ready to settle with you".
He said to settle with what I'd got.
About a year later, Wells offered to settle with the couple.
The rush to settle with Putnam struck many as suspicious.
Some 18 months later, Investec trustees decided to settle with Kaupthing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com