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Verizon sought $925 million discount for Yahoo merger, got $350 million

by synergycap1 | Mar 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Verizon Communications sought almost triple the price reduction that it ultimately obtained for Yahoo’s core assets following two massive cyber attacks at the internet company, according to a Yahoo filing. The closing of the deal, which Verizon first announced...

Ackman’s Pershing Square sells Valeant stake, takes $3 billion loss

by synergycap1 | Mar 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BOSTON (Reuters) – Billionaire investor William Ackman walked away from Valeant Pharmaceuticals International Inc on Monday with a loss of more than $3 billion as he sold his entire stake in the struggling drug company after trying to rescue it for some 18...

DOJ asks for more time in House intel request for Trump ‘wiretap’ evidence

by synergycap1 | Mar 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

A spokesman for the Republican-controlled House Intelligence Committee has asked the Justice Department to provide any evidence of the president’s wiretapping claims before a March 20 hearing, and warned it could use a “compulsory process” if it...

Boeing, aerospace manufacturers back U.S. tax overhaul

by synergycap1 | Mar 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SEATTLE (Reuters) – Boeing Co and about 90 other aerospace companies are urging Congress to overhaul the U.S. tax system, saying a set of changes Republicans proposed last year – including a big cut in the corporate tax rate – will make them more...

Ackman has sold out of Valeant, will step down from board

by synergycap1 | Mar 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Billionaire hedge fund manager Bill Ackman has sold his position in Valeant Pharmaceuticals, sources told CNBC. The stock fell as much as 10 percent in premarket trading, as more than 4.2 million shares changed hands. Sources said Ackman sold his 27.2 million shares...

Public Health: No Magic in How G.O.P. Plan Lowers Premiums: It Pushes Out Older People

by synergycap1 | Mar 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Lower insurance prices were a silver lining for Republicans in the C.B.O. report, but the plan would effectively cover fewer older Americans.
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