Biz

  • Biz

Pearson bids to play

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Pearson, the expansionist British mediagroup, has staked its claim to become a major player in the interactive entertainment market by agreeing to pay $ 462 million for the Northern California firm…

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Financial Briefs

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Because an insufficient number of notes were tendered by the March 31 deadline, Carolco Pictures Inc. must cancel its tender offer and will return all of the 13% senior subordinated notes that were…

Marketplace

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MGM sued by Parretti

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Still licking his wounds after three years, Giancarlo Parretti is back banging on the lion's cage. An attorney for the Italian businessman filed a $ 3.9 billion lawsuit as the court closed Wednesday…

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CL losses sink job of ex-boss

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Credit Lyonnais' massive 1993 loss of 6.9 billion francs ($ 1.2 billion) has claimed a surprise victim, with reports that former bank chairman Jean-Yves Haberer has been sacked from his new job…

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