Six US banks led by JP Morgan Chase & Co. and Bank of America Corp. had piled up a total of USD103 billion in legal costs.
Investors
March trial could risk American Airlines-US Airways merger
American Airlines said that the scheduled March trial for antitrust issues would put its planned merger with US Airways Group at risk.
Goldman Sachs’ managing director indicted on rape charge
Goldman Sachs' managing director Jason Lee had been indicted with rape by a grand jury. Jason Lee, managing director at Goldman Sachs Group Inc. was charged with rape.
Delta Apparel buys Salt Life Brand
Delta Apparel Inc. announced today that its wholly owned subsidiary, To The Game LLC bought all assets of Salt Life Holdings including domestic and international trademark rights.
Peer Advisors to purchase Celink
Today, Peer Advisors LLC had announced its acquisition for Celink, the biggest sub servicer of reverse mortgage loans in the US.
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Endo Health Solutions announced acquisition of Boca Pharmacal for USD225 million. Endo Health Solutions Inc. is a specialty pharmaceutical company manufacturing both generic and branded drugs.
Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.
Wayra, Telefonica's start-up accelerator announced its second global "Demo Day" scheduled on November 14, 2013.
NoSQL Couchbase received an additional USD25 million in a Series D funding round led by Adam Street Partners.
In a move to legalize online gambling, the state of Delaware through three casinos launched a free Facebook-linked gambling game called "DoubleDown".
Emera Inc. announced that it had entered an agreement to acquire three combined electricity generating plants in New England for USD541 million.
Auction house Sotheby's estimated that 'The Premier Blue' the world's biggest round blue diamond, would be sold at more than USD19 million.
JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
LaSalle Hotel Properties announced its acquisition of Serrano Hotel for USD71.5 million. Today, LaSalle Hotel Properties had announced acquisition of San Francisco-based Serrano Hotel.
