Tag Archives: pull

Sumner Redstone and daughter pull CBS, Viacom merger plan

Media mogul Sumner Redstone and his daughter Shari called off their failed effort to merge CBS Corp (CBS.N) and Viacom Inc (VIAB.O) on Monday, sending shares of Viacom – widely viewed as the weaker company – down almost 8 percent. The collapse of the plan, which never got beyond initial talks, raises questions about the future of both… Read More »

Iraqi troops pull out from Mosul hospital after fierce battle

Iraqi troops who briefly seized a Mosul hospital believed to be used as an Islamic State base were forced to withdraw from the site, but managed to establish a base for army tanks nearby after days of fierce back-and-forth fighting, residents said. The rapid advance into the Wahda neighborhood where the hospital is located marked a change of… Read More »

IMF chief denies threat to pull out of Greek bailout

International Monetary Fund Managing Director Christine Lagarde denied on Sunday that IMF staff would push Greece closer to default as a negotiating tactic on a new Greek bailout deal, which she said was “still a good distance away.” Lagarde said in a letter to Greece’s prime minister that the debt talks should continue despite damage from reports of… Read More »