According to Reuters Kirk Kerkorian has offered $4.5 billion to buy Chrysler from parent DaimlerChrysler (DCX).
Reuters writes that the CEO of Ford (F) received $39 million in compensation for 2006.
Reuters reports that Nintendo has forecast that it will have a 62% improvement in profit for the year ending March 31.
Reuters also reports that the shares of Vonage (VG) fell another 7% as it face a possible injunction against using patented technology from Verizon (VZ).
The Wall Street Journal reports that private equity firms are looking at store chain Kroger (KR) as a candidate for being bought out.
The New York Times reports that a system built by Ebay (EBAY) for brokering TV ads has not worked. Clients said that "it went to far in removing humans from the ad sales process."
The NYT reports that the Institutional Shareholder Services has recommended that shareholder withhold votes for the board of The New York Times (NYT) because of poor performance and the company’s two tiered ownerhsip structure.
The FT writes that KKR has walked away from making a bid for food chain Sainsbury.
Barron’s writes that several online advertising broker stocks could be takeover targets. These inclue 24/7 Real Media (TFSM) and aQuative ((AQNT).
Douglas A. McIntyre