Newspaper wrap-up: IBM-AMD merger rumor is 'speculation gone amok'
Posted Jan 25th 2008 8:00AM by Eric Buscemi
Filed under: Newspapers, Magazines, International Business Machines (IBM), IAC/InterActiveCorp (IACI), Advanced Micro Dev (AMD)
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MAJOR PAPERS:
- Liberty Media Corporation (NASDAQ: LCAPA) filed a lawsuit in Delaware against IAC/InterActiveCorp's (NASDAQ: IACI) Barry Diller in an attempt to block Mr. Diller from completing the spinoffs of several units on terms that could dilute Liberty's voting power; the suit follows a suit filed by IAC against Liberty seeking to complete the divestiture on its own terms, the Wall Street Journal said.
OTHER PAPERS:
- The Evening Standard learned that billionaire Wilbur Ross is in takeover talks with AMBAC Financial Group Inc (NYSE: ABK) and that a deal could come within the next two weeks.
WEB SITES:
Tags: ABK, Advanced Micro Devices, AdvancedMicroDevices, AMBAC, AMBAC Financial, AmbacFinancial, AMD, Barry Diller, BarryDiller, IAC, IAC/InterActiveCorp, IACI, IBM, IBM Corp, IbmCorp, LCAPA, Liberty Media, LibertyMedia, WCG, WellCare Health, WellcareHealth, Wilbur Ross, WilburRoss
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