Valassis sues to rescind $1.3 billion ADVO merger
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Valassis Communications Inc.   said it sued ADVO Inc.  on Wednesday to rescind their  $1.3 billion merger, accusing the direct mail advertiser of  fraud, misrepresenting its health, and failing to reveal  internal control deficiencies.
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A broker-dealer firm sued brokerages  watchdog NASD and the New York Stock Exchange on Friday to  block a deal to merge oversight functions, saying the  arrangement would be unfair to NASD members.
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The Securities and Exchange Commission sued two District men yesterday, charging them with improperly soliciting more than $1.3 million for a real-estate-based Ponzi scheme by preying on fears about neighborhood gentrification.
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It is common for a merger battle to involve a healthy dose of public posturing on issues such as price and logistics. But while such maneuvering typically plays out in the media, or during analyst forums, it&#39;s rare to see it happen in a courtroom.
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SLM, the parent of Sallie Mae, which for years profited from placing large bets on its own stock going up, now faces a possible loss of more than $1 billion.
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Class action suit accuses the software giant of violating state's business code.
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The High Court has turned down an appeal by Air New Zealand and Qantas over their proposed merger. The airlines had appealed to the court over the Commerce Commission&#39;s earlier decision to decline Qantas&#39;s
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Manor Care Inc  and private  equity firm Carlyle Group  will contest a temporary  halt on their $4.9 billion merger imposed by a Michigan court,  Manor Care said on Thursday.
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Private equity firm Providence Equity Partners said on Sunday a lawsuit brought by radio operator Clear Channel Communications Inc. to force it to complete a $1.2 billion deal was "baseless."  Marking the latest deal to turn nasty amid the credit cru...
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AT&amp;T Corp., MCI Inc., and a number of smaller telephone companies were rebuffed by the US Supreme Court yesterday in their quest to save cut-rate deals to rent Bell System phone lines they use to serve business and residential customers.
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A U.S. district court has dismissed an   antitrust suit filed by microchip maker Broadcom Corp. BRCM.O   against Qualcomm Inc. QCOM.O, although Broadcom said it would   continue to pursue the case.
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NEW YORK Marsh &amp; McLennan, the insurance brokerage company being sued by the New York State attorney general for taking payments from insurers, has said that it plans to put about $230 million of the fees into an account that may become part of a
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Bankrupt cable operator asks court to force payments, says family already admitted they owe money. NEW YORK  - Adelphia Communications Corp.
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A judge has approved a $3.75 million settlement in a class-action lawsuit challenging billing practices at AT&amp;T Wireless Services, the Redmond-based company that was acquired last week by Cingular Wireless of Atlanta.
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U.S. apartment owner Archstone-Smith Trust  will have to pay a $235 million break-up fee plus expenses to end a proposed deal to be acquired by affiliates of Lehman Brothers  and Tishman Speyer for a total of $22.2 billion, the company said in a regulatory filing on Friday.
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Business & money: Â· Wild Oats' online critic unmasked as rival's chiefÂ· Consumer agency lawsuit threatens $565m merger
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The California Department of Insurance reaffirmed its opposition to the proposed WellPoint Inc. merger with fellow health care giant Anthem Inc.