Media

Media Digest 11/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Saab’s failure to be bought shows that Chinese companies are having trouble moving into Western markets through M&A.

Reuters:   AIG (NYSE:AIG) and former CEO Greenberg settled legal issues between them.

Reuters:   Dubai will put a six month standstill to debt payments.

Reuters:   Fannie Mae (NYSE:FNM) may tighten lending standards.

Reuters:   Improved consumer numbers help increase market optimism.

WSJ:   Toyota (NYSE:TM) will fix pedals on four million cars.

WSJ:   The building of many factories in China as part of its stimulus package could flood the world with goods due to manufacturing overcapacity.

WSJ:   GM will keep all of its plants in Germany.

WSJ:   The White House is considering creating a panel to address the deficit.

NYT:   Many retailers are extending deals beyond Black Friday

FT:   Hershey (NYSE:HSY) is closer to a bid for Cadbury (NYSE:CBY).

Bloomberg:   GE (NYSE:GE) may be closer to selling control of NBCU to Comcast (NASDAQ:CMCSA) as Immelt meets with the head of Vivendi to get it to sell its 20% share in the entertainment company.

Douglas A. McIntyre

 

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