Monday, August 27, 2012

Reuters: Regulatory News: UPDATE 1-Market Chatter - Corporate finance press digest

Reuters: Regulatory News
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UPDATE 1-Market Chatter - Corporate finance press digest
Aug 28th 2012, 05:41

Tue Aug 28, 2012 1:41am EDT

Aug 28 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:

* Best Buy Co Inc granted Richard Schulze, its estranged founder, access to its books on Monday after several weeks of acrimony, putting the onus on him to firm up a possible takeover bid for the struggling electronics retailer.

* M&T Bank Corp, the regional lender part-owned by Warren Buffett's Berkshire Hathaway Inc, is buying Hudson City in one of the biggest bank deals since the crisis.

* Ireland's Ryanair has asked at least six airlines to operate alternative services on some Aer Lingus routes, as it seeks regulatory approval for a $850 million takeover of its domestic rival, the Financial Times reported on Tuesday.

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