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UPDATE 1-KKR's Gardner Denver to pay $29 million to settle suit
2014-06-30 00:54:13| Industrial Machines - Topix.net
Gardner Denver has agreed to pay $29 million to its former shareholders to settle allegations the industrial pumps producer was undervalued in its $3.7 billion sale last year to private equity firm KKR & Co, according to court documents.
UPDATE 1-Allergan, Ackman agree special meeting won't trigger poison pill
2014-06-28 08:13:47| Biotech - Topix.net
Pershing Square Capital Management, led by activist investor William Ackman, and Allergan Inc have agreed that calling a special meeting in an effort to elect new board members will not trigger Allergan's so-called "poison pill" measure, settling a lawsuit, the companies said on Friday.
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UPDATE 1-LightSquared reaches bankruptcy deal; mediator blasts Ergen
2014-06-28 02:52:45| Agriculture - Topix.net
Wireless venture LightSquared has reached a deal to end its Chapter 11 bankruptcy, but its largest creditor, satellite operator Charles Ergen, is not on board and "wasted the parties' time," according to a report from the court-appointed mediator.
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UPDATE: UK: Sweatshop labels in Primark clothing a hoax
2014-06-27 14:56:00| Daily apparel & textile news and comment - from just-style.com
Value fashion retailer Primark has launched an investigation after notes and messages were found in its clothing, supposedly from garment workers suffering "degrading sweatshop conditions" and "forced to work exhausting hours."
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USDA Weekly weather update, June 24: More rain, more flooding, less drought, less fieldwork
2014-06-27 14:27:00| Corn & Soybean Digest
Source: USDA Rain intensified across the Upper Midwest, erasing vestiges of drought but halting fieldwork and triggering lowland flooding. Weekly totals of at least 4-8 inches were common across southern Minnesota, northern Iowa and parts of neighboring states, sending rivers out of their banks and in some cases to record-high levels. read more
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