ABC calls out Kellyanne Conway over Trump Jr.'s meeting with a Russian lawyer after previously denying any contact with Russians

Elliott says considering $18.5 billion deal for Oncor

Elliott says considering $18.5 billion deal for Oncor

Warren Buffet's Berkshire Hathaway (BRKa.N) made a $9 billion offer on Friday for Oncor's parent, Energy Future Holdings Corp, valuing the utility at $18.1 billion. Elliott, run by billionaire Paul Singer, said on Monday it was working on a $9.3 billion offer for Energy Future. In a letter to the board of Energy Future, Elliott said it would support a deal with Berkshire or a third party if those bids exceeded the value proposed by the hedge fund.


...Read the rest of this story

Deutsche Boerse invests in bond trading platform Trumid

Deutsche Boerse invests in bond trading platform Trumid

German exchange operator Deutsche Boerse Group (DB1Gn.DE) has made a $10 million investment in Trumid, a New York-based financial technology startup that runs an electronic corporate bond trading platform, the companies announced on Monday. Trumid, which is backed by venture capitalist Peter Thiel and investor George Soros, will collaborate with Deutsche Boerse to develop products and services for the European market. Deutsche Boerse's investment is an add-on to $28 million raised by Trumid earlier this year from investors including Chinese financial firm CreditEase.


...Read the rest of this story