ISS, Glass Lewis say holders should back TXU deal
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HOUSTON/NEW YORK  - Proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis and Co on Tuesday recommended TXU Corp.  shareholders vote in favor of a $32 billion buyout of the Texas power company.
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Up to 200 former TXU Corp. (NYSE: TXU) workers, who went to work for a consulting firm after a deal between the companies, will lose their jobs, a spokesman for the consulting firm said Friday.
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Shareholder criticism over some recent management-led buyouts prompted TXU Corp.  to step carefully in forging its record-breaking $32 billion takeover pact.
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US shrimpers cheered a Commerce Department ruling that could lead to stiff tariffs on Chinese and Vietnamese imports. However, the US International Trade Commission still must make a final determination that
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Texas power company TXU Corp. , which has agreed to the largest leveraged buyout in history, reported higher fourth-quarter earnings on Tuesday, helped by improved margins and lower operating costs.
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NASA has turned back an $87.7 million claim by Spacehab for equipment lost on the shuttle Columbia, but the company may appeal. Spacehab officials said Thursday that NASA&#39;s rejection was
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The real issue users need to keep their eyes on is will these three companies be able to leave well enough alone. How other companies have handled past acquisitions might provide some insight into how these company mergers and their products will fare long term.
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U.S. buyout fund Lone Star is close to  terminating its $7.3 billion deal to sell Korea Exchange Bank  (004940.KS) to Kookmin Bank (060000.KS), as a prosecutor  investigation made the sale nearly impossible, the Financial  Times reported on Wednesday.
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Exchange group Euronext is reported to be ready to bid for the London Stock Exchange, which rejected a German offer last week.
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ISS, a global proxy advisory firm, recommended that Euronext  shareholders vote in favor of the pan-European exchange's planned merger with New York Stock Exchange NYSE Group , Euronext said on Wednesday.
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IntercontinentalExchange , on Thursday took its unsolicited takeover proposal for the Chicago Board of Trade directly to members of the CBOT, urging them to support ICE's bid over that of the Chicago Mercantile Exchange .
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Electricity producer TXU Corp. on Monday backed its yearly guidance and said it completed its accelerated program to buy back 52.5 million shares of its outstanding common stock at $64.57 per share.
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SAN FRANCISCO and SYDNEY, Australia, Sept. 14  /PRNewswire/ -- Glass, Lewis & Co., LLC, the leading provider of independent proxy research and operator of the world's most accurate and reliable proxy voting system, today announced that Corporate Governance International Pty Ltd.
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Regulators froze more than $5.3 million that they suspect may be profits from insider trading of TXU stock options.
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DALLAS  - Utility TXU Corp. said Thursday it has agreed to pay &#36;220 million US to settle claims from the failure of its European subsidiary.
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Private-equity giants Kohlberg Kravis Roberts & Company and the Texas Pacific Group are near a deal to acquire the TXU Corporation.
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NEW YORK, Nov 22 - Moody&#39;s Investors Service assigned a B2 rating to the proposed senior unsecured issuance of approximately $650 million at Owens-Brockway Glass Container, Inc.