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 Wed  Jan 7, 2009

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FASB eases one fair value rule
by Donna Block
Regulatory A divided panel allows leeway in determining if assets are impaired.


Taro, Sun continue fighting
by Scott Stuart
Hostile Takeover Settlement negotiations bear no fruit in a hostile attempt.


Blog Grok: Jan. 8, 2009
by TheDeal.com
More analysis from Dealscape and Corporate Dealmaker:


  

Thought Leaders: DLJ's Nicole Arnabaldi outlines her expectations for 2009

Read and watch our complete coverage of The Deal's M&A Outlook 2009.
Legal battle looms in Madoff debacle
by Philip Bentley
Legal Action Some redeeming investors may have to return not just profits but also principal.


S&P downgrades TPG's Aleris
by Vyvyan Tenorio
Private Equity The drop in aluminum prices, weakened demand and a heavy debt load are pressuring the company.


More U.K. retailers file for bankruptcy
by Neil Sen in London
Filings Viyella clothing brand owner William Hollins is the latest firm to buckle.


Glitnir seeks U.S. recognition
by John Blakeley
Filings The bankrupt Icelandic bank files for Chapter 15 protection in New York.


Satyam head admits to fraud
by Donna Block
Distressed B. Ramalinga Raju reveals years of falsified accounting that inflated the software company's cash and bank balances.


 
Movers and Shakers

Daniel Sontag
Daniel Sontag

Jan. 8, 2009
See who's in and out at some high-profile firms, including Merrill Lynch, Ares Management and more.
Full story


Deal Interactive


M&A Calendar
Find a schedule of dates and deadlines involving ongoing mergers, auctions and regulatory cases.


IPO Calendar
See a timeline of recent pricings including Airshares EU Carbon Allowances Fund and others.

Soapbox

Bernie Madoff

Legal battle looms for Madoff early exiters
Some redeeming investors may have to return not just profits but also principal.
Full story

Dealwatch updates

Baseball

Activist investors' retail campaigns

Lehman Brothers exodus

Retailers and bankruptcy

PE-backed bankruptcies

Confectioners: Cadbury, Hershey, more




M&A
Aon sells insurance unit
NRG investors warm to Exelon
Bank of America trims CCB stake

VENTURE CAPITAL
Blue Tulip shrivels
GSR Ventures raises $383M
Patersons lands $30M
PRIVATE EQUITY
Littlejohn acquires add-on
Recycled Paper wins DIP access
Daewoo Electronics sale talks end

BANKRUPTCY
Broadstripe wins DIP approval
Armada sinks into Ch. 15
Leiner Health Products liquidates
IPO
Resolution raises $882M
Grand Canyon shares stumble

LAW & REGULATION
Cattles to cut jobs, lending
Enforcer list narrows for DOJ, FTC
Iceland to sue over Kaupthing
TECH NEWS
Parthenon renews pressure on Tier
FTC challenges software merger
SCO seeks to keep exclusivity

TODAY IN DEAL HISTORY

Bank of New York wins Pershing
Jan. 8, 2003
After a year of indecision and a hotly contested auction, Credit Suisse agreed to sell its securities clearing business for $2.5 billion.


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