Investors
Softbank Issues Waiver for Sprint
Softbank issues a waiver of some of the provisions of the merger agreement to allow Sprint to discuss and negotiate with Dish despite their standing agreement.
No More Info, Dell Tells Icahn
Dell's Special Committee tells Icahn to complete bid or no more information would be given to him and Southeastern Asset Management.
El Corte Ingles Seeks Restructuring Plan
El Corte Ingles now seeking restructuring its debt and other obligations. The largest department store chain in Europe, El Corte Ingles SA, has engaged the services of Morgan Stanley to assist in the drafting of a restructuring plan for its Eur5 billion debt.
Nebras is new Qatari investment firm
Nebras Power would invest overseas. Qatar has created a US$1 billion investment firm to expand its businesses in Barclays Plc to power and water assets in foreign countries.