Joe Pompeo of Yahoo News reports that Reuters is disputing data from The Wall Street Journal that shows it breaks the most mergers and acquisitions stories in business news.
“‘The list is a small subset of deals news and scoops,’ said a spokeswoman. ‘Even by this measure, though, Reuters has been ahead on a series of deals across sectors this year, and is a force to be reckoned with in this space.’
“As evidence, she provided a list of eight deals between $1 billion and $35.5 billion that she said Reuters ‘had the first and most crucial breaks on, often forcing competitors to cite Reuters stories in their own reporting.’
Compellent Technologies up for sale ($1bln); Bain had struck deal to buy Styron ($1.6bln deal); General Growth was to accept Brookfield-led deal, over Simon Property $30bln bid; Value of the $35.5bln AIA deal; Ivanhoe Mines (market cap $13bln) is likely to sell itself in a two-step process; Miner Drummond`s put its Colombian operations up for sale ($6-8bln); Fidelity National $15bln LBO collapsing; France’s Safran was near a deal to buy L-1 Identity ($1bln)
“As for The Journal, a spokeswoman, Ashley Huston, said via email that the paper ‘broke the top four deals of the year’ — Metlife-AIG; Genzyme-Sanofil; Qwest-CenturyLink; and Smith Schlumberger.”
Read more here.
Jared Serre, a tax reporter at Law360, is leaving the news organization next month. He…
Lauren Silva Laughlin, U.S. editor of Reuters Breakingviews, sent out the following on Tuesday: I’m…
The Wall Street Journal has hired two new staffers and promoted a current staffer. They…
Fortune magazine has launched "Ask Andy," a bi-weekly advice column for entrepreneurs and start-up founders.…
The Wall Street Journal is looking for a full time senior publishing editor to join…
The Wall Street Journal is looking for an experienced and determined reporter to join our…