MF’s bust-up
MF Global’s parent company won court approval yesterday for its liquidation plan. MF Global, which had $41 billion in assets, was the eighth-largest corporate bankruptcy in US history.
Books boost
The European Union’s antitrust watchdog yesterday gave its green light to the proposed merger of Penguin and Random House that will create the world’s largest book publisher.
OK for BofA
A federal judge signed off on a $2.43 billion settlement by Bank of America to resolve claims it misled investors ahead of its acquisition of brokerage firm Merrill Lynch during the financial crisis.
Portugal pain
Portugal’s constitutional court rejected several aspects of the country’s belt-tightening budget for 2013, seen as crucial to austerity efforts promised to creditors by the center-right government.
Bottoms up!
Anheuser-Busch InBev says it has reached a tentative agreement with the Department of Justice over its disputed $20.1 billion acquisition of Mexican brewery Grupo Modelo.