According to a report from Reuters, bad publicity would cause a great impact on an upcoming deal as stated in the Journal of Financial Economics by Baixiao Liu and John McConnell.
Investors
Poland BGZ attracts bid from PZU-backed Alior
Market sources had told Reuters that Bank Gospodarki Żywnościowej (BGZ) SA would be getting a potential bid from PZU Group-backed Alior, a Polish lender.
China eases foreign bank regulations in newly-opened Shanghai free trade zone
The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.
US budget impasse, Italy crisis test recovery of global economy
The budget deadlock in the US and the political crisis in Italy could test the growth of the global economy.
Asian creditors least of America's worries- analysts
Asian creditors may be the least of the worries of the US government even if the US Congress would fail to raise its debt ceiling.
Latest News
Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.
Shareholder Marvin Pearlstein filed a lawsuit against Blackberry Ltd and its top executives for providing false information about the company's financial position and business growth of its newest smartphone line.
Sources told Reuters that Silver Lake and TPG Capital LP, owners of hardware and software giant Avaya Inc, were contemplating on a sale of the company after plans for a public listing fizzled out.
Susan Bennett said she revealed her identity after the release of a Verge video showing people's interest in the voice behind Apple Inc's voice app Siri.
Google, SAP and Cisco had been in discussions to possible acquire struggling smartphone maker BlackBerry, said a Reuters report.
French clothing retailer Vivarte had been in discussions regarding a possible reset of its loan agreements to make its EUR2 billion debt easier to manage, said a Reuters report.
The withdrawal of Carl Icahn's threat to have a court declared valuation is a sign that the billionaire investor's short term goals.
Applications with the Federal Anti-Monopoly Service was filed by two Bank Rossiya as they bid to purchase shareholdings in Tele2 from state backed bank VTB.
Activist investor Jana Partners LLC had reported a 13.5% stake in Outerwall Inc. and said it was exploring options including a possible sale, according to a Reuters report.
