<< Read Full Article
<< Read Full Article
The planned takeover of Alliance Data Systems (ADS Quote) by Blackstone Group (BX Quote) has probably fallen apart.
Alliance said Monday that the Office of the Comptroller of the Currency, a banking regulator, has put conditions on the more than $6 billion deal that Blackstone is unlikely to meet.
Blackstone told Alliance the OCC is "demanding that extraordinary measures be taken" that "represent operational and financial burdens," and that it isn't willing to satisfy the requirements being set forth. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
|
|
DOWN
104.14
|
DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
|
10 Yr
3.39%
SPDR Gold
110.95
|
|
-1.00%
|
-1.03%
|
-0.76%
|
-1.62%
|
Data delayed 20 minutes |
Connect with TheStreet