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Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon … Read more
NEW YORK (Reuters) – Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, … Read more
from Zero Hedge Treasury Secretary Steven Mnuchin is set to steal Timothy Geithner’s achievement of selling a record amount of notes and bonds as he seeks to finance America’s growing budget … Read more
(Reuters) – The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive … Read more