UBS Bypasses Shareholder Vote, Will Acquire Credit Suisse for Over $2 Billion
UBS has finally agreed to acquire troubled Credit Suisse (NYSE: CS) for over $2 billion, following emergency meetings with regulators and the Swiss National Bank that resulted in Swiss authorities agreeing to rewrite governance laws otherwise requiring a crucial shareholder vote. As first reported by the Financial Times, UBS has reached a deal to buy … Continue reading UBS Bypasses Shareholder Vote, Will Acquire Credit Suisse for Over $2 Billion
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