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Posts Tagged ‘Offer’

Bank of America’s 2-Cents-on-Dollar Mortgage Offer Faces Court Hurdle

June 30th, 2011 Comments off

The $ 8.5 billion settlement may hinge on whether a judge agrees that the world’s largest bond buyers struck a generous-enough deal for all investors
BusinessWeek.com — Finance

Bank of America’s 2-Cents-on-Dollar Mortgage Offer Faces Court Hurdle

June 30th, 2011 Comments off

The $ 8.5 billion settlement may hinge on whether a judge agrees that the world’s largest bond buyers struck a generous-enough deal for all investors
BusinessWeek.com — Finance

Lagarde Set to Be Named IMF Chief as U.S., Russia Offer Support

June 28th, 2011 Comments off

French Finance Minister Christine Lagarde is poised to be appointed to head of the International Monetary Fund after the U.S. joined countries including European Union nations and Russia in supporting her candidacy.
BusinessWeek.com — Finance

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French Banks Said to Offer 70% Greek Government Debt Rollover

June 26th, 2011 Comments off

French banks including BNP Paribas SA have told the French government they are willing to partly roll over maturing Greek government bonds in a bid to avoid a default by the debt-laden nation, three people familiar with the plan said.
BusinessWeek.com — Finance

SABMiller to Pursue Foster’s After Brewer Rejects Offer

June 21st, 2011 Comments off

SABMiller Plc, the world’s second- largest brewer by volume, will pursue Foster’s Group Ltd. after its A$ 9.5 billion ($ 10.1 billion) cash offer was rejected by Australia’s biggest beer company.
BusinessWeek.com — Finance

TMX Group Says Price Isn’t Everything in Rejecting Maple Offer

May 21st, 2011 Comments off

TMX Group Inc. said just because a group of Canadian banks and pension funds is offering more to acquire it than London Stock Exchange Group Plc, it doesn’t make their proposal superior.
BusinessWeek.com — Finance

Home Sellers Offer Last-Resort Loans

May 20th, 2011 Comments off

In 2010, almost 53,000 homes were purchased in the U.S. with owner financing—a risky tactic when conventional mortgages are not an option
BusinessWeek.com — Finance

Categories: Investing Tags: , , , ,

Banks Said to Offer $5 Billion to End Probe of Foreclosures

May 11th, 2011 Comments off

Bank of America Corp. and JPMorgan Chase & Co., along with three other U.S. mortgage servicers, proposed paying $ 5 billion to settle a probe of their foreclosure practices by state and federal officials, two people familiar with the matter said.
BusinessWeek.com — Finance