News Highlights: Top Company News of the Day
September 19 2017 - 4:15AM
Dow Jones News
Clariant, Huntsman's $15 Billion Merger Faces Tough Opposition
A group of U.S. activist investors threatened to vote against
the proposed merger between Clariant and U.S.-based Huntsman,
jeopardizing a deal that would create a $15 billion chemicals
giant.
Toys 'R' Us, Once a Category Killer, Is Forced Into Bankruptcy
Toys 'R' Us, for decades the go-to spot for birthday and holiday
gifts, filed for chapter 11 bankruptcy protection, undone by a
hefty debt load and the rapid shift to online shopping.
Northrop Grumman Move to Acquire Rocket Maker Reflects Military Space Race
Northrop Grumman plans to acquire Orbital ATK for around $7.8
billion in a bid to position itself for the new military
battleground: space.
Equifax Discloses Earlier Cybersecurity Incident
Equifax hired cybersecurity experts to deal with an incident on
its corporate networks in March, two months before the start of the
hack that it has said led to the potential compromise of personal
data belonging to 143 million U.S. consumers.
Uber Sues Mobile Agency Alleging Ad Fraud
Uber has filed a lawsuit against Fetch Media, alleging the
agency misrepresented the effectiveness of its mobile ads, failed
to prevent ad fraud and didn't return rebates.
Ten Network's Creditors Accept CBS Buyout Offer
Creditors of Australia's Ten Network accepted an increased offer
for the insolvent broadcaster from U.S. media giant CBS, rejecting
a rival proposal from media moguls Bruce Gordon and Lachlan
Murdoch.
Fox News, Host Hit With Allegation
Scottie Neil Hughes, a former on-air guest on the Fox News
Channel and Fox Business Network, alleged in a lawsuit that she was
blacklisted by the network and defamed after accusing an anchor of
rape and assault.
Trudeau, May Press Boeing in Dispute With Bombardier
The Canadian and U.K. prime ministers want the U.S. aircraft
maker to end its pursuit of a trade complaint against the
Montreal-based company.
Foreign Firms to Sell Large Stakes in Malaysian Insurers
Several foreign insurance companies are preparing to sell large
stakes in their Malaysian operations to comply with central-bank
rules, which could raise nearly $3 billion over the next nine
months.
Equifax Work for Government Shows Company's Broad Reach
Equifax, the credit-reporting firm that suffered a massive
breach of consumer data, also supplies identity verification
services to the U.S. Social Security Administration and works with
the federal Centers for Medicare and Medicaid Services,
highlighting how deeply rooted it is in the financial life of the
U.S.
(END) Dow Jones Newswires
September 19, 2017 05:00 ET (09:00 GMT)
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