According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash.
Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA) could be announced this week.
Reuters reports that TIme Warner’s (NYSE:TWX) AOL landed a deal to sell all of Verizon’s (NYSE:VZ) online ad inventory.
Reuters writes that India’s Jet Airways will demand compensation from Boeing (NYSE:BA) for late delivery of the 787.
The Wall Street Journal reports that Wachovia (NYSE:WB) will get an outside infusion of several billion dollars.
The Wall Street Journal writes that G-7 and IMF meetings failed to come up with a joint emergeny plan to help the global economy.
The Wall Street Journal reports that Deutsche Bank (NYSE:DB) will sell as much as $20 billion in leveraged buy-out loans to private equity firms.
The Wall Street Journal reports that Salesforce.com (NYSE:CRM) will sell Google’s (NASDAQ:GOOG ) Apps software to its customers.
The Wall Street Journal reports that some shareholder-advisory firms are suggesting investors vote against re-electing the current Citigroup (NYSE:C) board.
The New York Times reports that economic ministers said that the world food crisis is even worse than the economic crisis.
The New York Times reports that CBS (NYSE:CBS) may be hurt by the lack of a major blockbuster show in its new schedule.
Bloomberg writes that profits at Phillips declined on falling TV prices.
Douglas A. McIntyre
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