Sovereign Battle Heats Up With Suit, NYSE Complaints
On Friday, the chairman of the New Jersey State Investment Council sent a letter to the New York Stock Exchange to ask the exchange to reject the deals or make them subject to a shareholder vote.
The "byzantine" deal involving Sovereign, Banco Santander Central Hispano S.A., and Independence Community Bank Corp. is "a parody" of New York Stock Exchange rules and regulations, Orin S. Kramer,...
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