- InBev may need to raise its offer for Anheuser-Busch by $7 billion to win over the company's board. [Bloomberg]
- Bank of America will cut 7,500 jobs at its recently-acquired Countrywide. [NYS]
- Yahoo announced a major reorganization. And Carl Icahn officially filed his bid to clean out Yahoo's board of directors. [WSJ, Dealbook]
- TPG and KKR are trying to capitalize on the credit crunch by invest in money management firms. [Bloomberg]
- U.S. M&A activity sank 29% in the second quarter. [Reuters]
- Today is Bill Gates' last day as a full-time Microsoft employee. [NYT]
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Finance
Street Talk
- Posted at 8:17AM on Jun 27, 2008
Email- Filed Under: Anheuser-Busch, Bank of America, Bill Gates, Carl Icahn, Countrywide, InBev, KKR, Yahoo
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