Deals wrap: Poised to go hostile
Nasdaq OMX and IntercontinentalExchange are poised to go hostile in their bid for NYSE Euronext after shareholders ratcheted up pressure on the Big Board parent to get a better deal.
Hong Kong’s first yuan-denominated IPO plunged as much as 11 percent on its Friday debut as investors turned their noses up at the low yields offered by billionaire Li Ka-shing’s Hui Xian real estate investment trust.
Berkshire Hathaway shareholders are descending on Omaha for the conglomerate’s annual meeting, but there appears to be only one topic of conversation in town — Berkshire’s extraordinary claims about former Buffett lieutenant David Sokol. The New York Times looks for Warren Buffett’s next deal.
Can you compare the royal wedding with Warren Buffett’s annual meeting? The Wall Street Journal gives it try.