Newspaper wrap-up: Buffett, Mars to buy Wm. Wrigley
Posted Apr 28th 2008 8:40AM by Laurie Pasternack
Filed under: Newspapers, Magazines, Berkshire Hathaway (BRK.A), IAC/InterActiveCorp (IACI), Bear Stearns Cos (BSC)
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MAJOR PAPERS:
OTHER PAPERS:
- According to the New York Post, IAC/InterActiveCorp. (NASDAQ: IACI) Chairman Barry Diller is expected to meet with his board this week to restart the process of breaking up his company into five separate pieces, sources said. At the same time, Diller and Liberty Media Corporation (NASDAQ: LMDIA) Chairman John Malone are continuing to talk about a deal that would trade one or more of IAC's assets for Liberty's ownership stake in IAC.
- The UK Times has learned that Numis Securities, the stockbroking group headed by Michael Spencer, is in "advanced talks" to buy the UK equities business of The Bear Stearns Companies Inc (NYSE: BSC). Numis may look to hire a team of 25 from Bear.
Tags: ABN, ABN Amro, AbnAmro, Barry Diller, BarryDiller, Bear Stearns, BearStearns, Berkshire Hathaway, BerkshireHathaway, brk.a, brk.b, BSC, iac, iaci, iacinteractivecorp, John Malone, JohnMalone, Liberty Media, LibertyMedia, LMDIA, Mars, Michael Spencer, MichaelSpencer, Numis Securities, NumisSecurities, RBS, Royal Bank of Scotland, RoyalBankOfScotland, Warren Buffett, WarrenBuffett, william wrigley jr., WilliamWrigleyJr., Wm. Wrigley Jr. Co., Wm.WrigleyJr.Co., WWY
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