Real estate developer says he plans to make cash bid for Philadelphia's 2 …
The partnership, calling itself Philly Hometown Media LLC, plans to make a cash offer for the newspapers, Blatstein said. “We believe that these papers can be turned around,” he said in an interview. “It's very important to the city and to us.
Read more on Washington Post
Will SEC Rules Make Treasurers Flee Money-Market Funds?
Imminent proposals designed to boost money-fund stability could motivate companies to move their short-term cash elsewhere. The Securities and Exchange Commission is releasing new rules this spring that would make US money-market funds considerably …
Read more on CFO.com Magazine
Banks' Addiction to ECB Cash May Stymie Bond Sales: Euro Credit
8 (Bloomberg) — The European Central Bank may be making it harder for the region's banks to revive bond sales by giving them access to unlimited cheap cash. Issuance of senior unsecured euro debt by banks fell about 35 percent to 51.4 billion euros …
Read more on BusinessWeek
Argentina has the (Central bank) cash to take over YPF, says Barclays Capital
Argentina has the cash reserves to make a tender offer for Repsol-YPF SA local unit, the country's largest energy company, and will likely put further pressure on the industry to boost output, has stated Barclays Capital.
Read more on MercoPress
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