DealZone

M & A wrap: Olympus scandal heats up

November 23, 2011

Former Olympus Corp CEO Michael Woodford said that Tokyo police were best able to┬áget to the truth behind one of Japan’s biggest accounting scandals, as speculation mounts of possible links to organized crime.

AT&T was dealt a blow as the top U.S. communications regulator sought to have its planned $39 billion purchase of T-Mobile USA sent to an administrative law judge for review.

“Battered Chinese companies listed in the U.S. or Singapore could be a feast for M&A bankers who see opportunities for take-private deals,” reports the WSJ’s Deal Journal.

Hedge funds are having a rough year, but the money keeps rolling in, reports the NYT’s DealBook.

For your morning distraction, The Reformed Broker rants about how he finds time to blog.

 

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