Allegheny Technologies, a maker of specialty metals products, said on Wednesday that it had acquired a rival, Ladish, in a cash and stock deal worth about $778 million. Under the deal, Ladish investors are to receive $24 in cash and 0.4556 of Allegheny’s common stock, according to an Allegheny statement. The deal, valued by Allegheny [...]
A French doctor accused of illegally leaking sensitive material about a clinical drug trial to a hedge fund manager will be held on $3 million bail, a magistrate judge said on Wednesday. The doctor, Yves M. Benhamou, will be placed on home incarceration and his bail must be secured by $1 million in cash or [...]
Agence France-Presse — Getty Images Pay $6,000 for slippers? Why not — if they make you feel like Bernard L. Madoff. His monogrammed velveteen slippers were among the hundreds of family wares that drew crowds at a government auction. Anything that may have held personal significance to Mr. Madoff led to bidding wars. The much-hyped [...]
The unlikely emergence of Chris Christie proves once again that you can never tell who is going to take off in the public imagination. The New Jersey governor not only rocked on the 2010 campaign trail, he quickly became a regular on short lists of Republican presidential prospects. A year ago, the new Republican governor [...]
The GOP, its candidates and related groups spent a whopping $65 million on ads against House Speaker Nancy Pelosi during the 2010 election cycle — the most money spent targeting a congressional leader in 14 years. The sum, spent from Jan. 1 through last week’s election, paid for 161,203 ads that went after Pelosi, according [...]
Ashland, the specialty chemicals company, said on Monday that it would sell its global distribution business to TPG Capital for $930 million in cash. The distribution business, long known as Ashland Distribution and which sells chemical products, is one of the company’s five main units. But Ashland has been seeking to sell some units to [...]
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