Glazer's financial backers resign
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Malcolm Glazer's bid to buy Man Utd suffers a serious setback after his boardroom coup.
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The proposed takeover of Manchester United by the American billionaire Malcolm Glazer collapsed last night when it emerged that the club&#39;s major shareholder, John Magnier
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Malcolm Glazer and Manchester United suffered major damage yesterday as the battle for control of the Old Trafford club intensified.
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The chief executive and chief financial officer of America's largest mortgage company resign after accounting irregularities are uncovered.
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Shares of Manchester United fell Monday as investors questioned the likelihood of a $1.5 billion bid from Malcolm Glazer after the US tycoon&#39;s bankers resigned.
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The Manchester United board have announced that they have ended talks with US sports tycoon Malcolm Glazer, saying his takeover proposal risked leaving the club mired in debt.
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Manchester, England (Sports Network) - Three Manchester United board members lost their seats on the Old Trafford Board Friday due to Malcolm Glazer&#39;s vote.
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Two senior executives at Fannie Mae, the giant US mortgage provider, have resigned in the wake of criticisms over accounting irregularities.
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LONDON: Supporters of English Premiership football club Manchester United expressed concern yesterday at the news that US sports tycoon Malcolm Glazer has raised his stake in the club from 19% to more than 25%.
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The Malcolm Glazer takeover bid took a further twist yesterday with Manchester United announcing they had broken off talks with the American businessman.
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Malcolm Glazer&#39;s attempt to buy Manchester United was in chaos last night as JP Morgan, his main financial backer and City adviser, dropped him as a client.
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Manchester Utd says they have ended talks with the Glazer family regarding a possible takeover.
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LONDON (CBS.MW) -- Malcolm Glazer, the Tampa Bay Buccaneers owner, has upped his stake in UK soccer organization Manchester United (UK:MNU) to 28.
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Jerry York, a General Motors Corp.  director and representative of billionaire investor Kirk Kerkorian, has suddenly resigned from the automaker's board following GM's decision to nix a three-way alliance, according to a regulatory filing on Friday.
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Irish billionaire businessmen JP McManus and John Magnier, who own almost 29 per cent of Manchester United, have turned down an approach from American sports franchise tycoon Malcolm Glazer to take over the club.
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Blog: Yahoo Finance general manager leaves
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Malcolm Glazer has renewed his efforts to take control of Manchester United in spite of the collapse of talks between his banking advisers and the football club&#39;s two biggest shareholders.