The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions at the insurer.
Storied magazine publisher Time Inc. (TIME) is reportedly looking for help as it garners takeover interest.
The New York company has hired Morgan Stanley and Bank of America as financial advisers to help the company field offers, sources told The Wall Street Journal on Thursday.
Time Inc.’s new move toward a sale comes after reports last week that Time Inc. had rejected an $18 per-share bid from billionaire investors Edgar Bronfman Jr. and Ynon Kreiz, as well as Len Blavatnik’s Access Industries, according to the New York Post.
an attorney renowned for recovering artworks stolen by Nazis during the Holocaust, filed a lawsuit against the FBI this week to get answers about why Director James Comey falsely suggested that Hillary Clinton committed a crime just days before the 2016 election.