Sterling Bancorp board under investigation -Law Office of Brodsky & Smith, LLC

The board of directors of Sterling Bancorp, Inc. is being investigated for potential claims in relation to its proposed acquisition by Provident New York Bancorp.


California Governor Jerry Brown pursues commercial ties with China

California Governor Jerry Brown sets off to China as part of his continuing efforts to develop commercial ties with Chinese consumers.

Icahn Adamant on Proxy Fight

Things are heating up between Icahn and the Dell Special Committee on issues of reimbursement, proxy fights and possible litigation.

Investors resort to ‘cash fund’ as yields dwindle

Investors are resorting to so-called cash funds for higher yields, as strict investment regulations are bringing down returns in the money fund industry.


Latest News

Investment firm Energy Capital Partners has increased its offer for EnergySolutions Inc. by 40 cents or $4.15 per share.
Rejecting a $6.7 billion buyout offer from rival American Realty Capital Properties Inc., Cole Credit Property Trust III has announced that it has completed the acquisition of Cole Holdings.
Investor Carl C. Icahn can be reimbursed of up to $25 million worth of expenses related to his deal work on certain conditions.
Three tentative bids from private equity investors have been received for ferry group Scandlines, according to a source.
The private equity firm adds an 11% premium to the offer for EnergySolutions shares. Three months after its initial bid, Energy Capital Partners has increased its offer for nuclear waste management firm EnergySolutions from US$3.
In the wake of Rio Tinto's possible sale of shareholdings in the Iron Ore Company of Canada, Labrador Iron Ore is studying its options for the future.
Santa Cruz Nutritionals and Nellson Nutraceutical LLG are seeking buyers. Three sources who spoke on condition of anonymity are confirming that Santa Cruz Nutritionals and Nellson Nutraceutical LLG are in the process of searching for buyers.
Former Hulu board member Peter Chermin offers US$500 million for Hulu. Hulu, the online video streamiong service established in 2007, has received an offer from former News Corp President Peter Chernin.
There is a new bill for consideration on the US Senate floor as to the required capital ratio of the banks, to avoid the 'too-big-to-fail' argument.
The third bid by American Realty for Cole Credit Property Trust was rejected because of its high debt absorption requirement for the higher purchase per share values.