A Big Board Member Sues To Stop Archipelago Merger

Article Abstract:

William Higgins, who has held a seat on the New York Stock Exchange for many years is suing the exchange and Goldman Sachs in an effort to stop the proposed acquisition of Archipelago Holdings L.L.C. Mr. Higgins claims that the terms of the merger greatly undervalue the price of a seat on the Exchange.

Investment Banking and Securities Dealing, Acquisitions & mergers, Investment Banking, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Mergers, acquisitions and divestments, Investment banks, Company acquisition/merger, Acquisitions and mergers, Securities industry, New York Stock Exchange Inc., The Goldman Sachs Group Inc., Archipelago Holdings Inc., AX

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Indian Web Sales Of Taxless Tobacco Face New Pressure

Article Abstract:

Retailers, antismoking groups and the government are trying to put Native American Internet tobacco retailer Larry Ballagh out of business because he uses his tax-exempt status to sell discounted cigarettes.

Government regulation (cont), Government regulation, Taxes, Taxation, Economic aspects, Laws, regulations and rules, Native Americans, Tobacco, E-commerce, Ballagh, Larry, National Association of Convenience Stores

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Court Rules U.S. Can't Pursue $280 Billion as Tobacco Penalty

Article Abstract:

A federal appeals court ruled that the U.S. Justice Department cannot force the tobacco industry to turn over profits if a court finds companies guilty of fraud and conspiracy.

Financial management, Finance, United States. Department of Justice, Company financing

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