Research Company Loses One Suitor and Rejects Another
The British market research company Taylor Nelson Sofres rejected again a hostile bid from the WPP Group, but analysts said the company would have difficulty evading WPP.
Court Favors Pinault?s Artemis in Insurance Suit
A U.S. appeals court threw out a $241 million restitution award against France?s Artemis SA linked to the purchase of assets from the failed Executive Life Insurance Company of California.
Europeans Retreat on Venture Investing
European venture capitalists are investing less money in fewer companies, mirroring a trend seen in financing for American start-ups.