Business

Business briefs

Sprint suit

Sprint has asked the Delaware Court of Chancery to prevent the consummation of the Dish tender offer for Clearwire, saying it violates Delaware law.

SAC issues

Ex-SAC Capital Advisors portfolio manager Mathew Martoma and US prosecutors reached an agreement with the University of Michigan giving them access to encrypted documents belonging to the government’s star witness in Martoma’s insider- trading case.

Sony stake

Hedge fund Third Point said it had raised its stake in Sony Corp. to 70 million shares and asked to present its proposal for a partial spinoff of the company’s entertainment unit to Sony’s board.

Libor charges

Britain’s top fraud prosecutor is poised to bring criminal charges against former Citigroup and UBS trader Thomas Hayes, alleged to have been a central figure in a scam to rig global benchmark interest rates.

Google split

Google has resolved a lawsuit blocking its long-delayed stock split.