M & A wrap: Boerse/NYSE offer concessions
Deutsche Boerse and NYSE Euronext will sell some businesses and give rivals access to a major derivatives clearing house in concessions aimed at winning support from antitrust regulators for their $9 billion merger.
Suzuki and estranged partner Volkswagen seemed headed for arbitration, after VW once again refused to sell its 20 percent stake back to the Japanese carmaker and end a floundering two-year alliance.
Groupon opened the IPO window a crack earlier this month and now companies, including Yelp, Angie’s List and even social-gaming giant Zynga, are climbing through it.
Simon Johnson in the NYT asks: Why not break up Citigroup?
The Investment Banking Scorecard gives an overview of the week in M&A.