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USG rejects buyout offer, but the courting is likely not over

Updated on March 26, 2018 5:05 pm ET USG Corp. USG 19.46% has made a takeover bid by Gebr. Knauf KG, saying the proposal "underestimates" the building materials company considerably. But with the largest shareholder of the USG, Berkshire Hathaway Inc., BRK.A 3.56% potentially open to selling its stake, analysts say a deal could be done at a higher price. …

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US banks provide rescue funding for gunsmith Remington

(Reuters) – US arms manufacturer Remington Outdoor Co has received commitments of nearly $ 300 million from its existing lenders, including some of the largest US banks, following new sources of funding in the months leading up to Chapter 11 went bankrupt. During this time, the company's investment bank, Lazard Ltd ( LAZ.N ) approached, according to court documents, more …

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The Congress wants to integrate Google and Twitter into the privacy crisis of Facebook

Facebook boss Mark Zuckerberg. (Josh Edelson / AFP / Getty Images) A group of Senate delegates want to grill the top managers of Facebook, Google, and Twitter next month, the latest hint that the controversy over Facebook's privacy practices now covers the entire gamut of Internet threatens Silicon Valley Senate Judiciary Committee chairperson, Republican Senator Chuck Grassley (Iowa), scheduled a …

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