LabCorp has entered into a new term loan credit facility with Bank of America acting as the administrative agent. The facility can be used to pay all or part of LabCorp’s $6.1 billion acquisition of Covance.
GE Names Former SEC Chairman Schapiro to Board
March 12, 2013
GE announced the nomination of Mary Schapiro, former chairman of the SEC, as a director. GE said, Schapiro will bring valuable expertise to GE, particularly with her experience overseeing U.S. financial markets.
WSJ: Regions Financial Under Scrutiny
December 26, 2012
The Wall Street Journal reported that federal agencies are examining allegations that Regions Financial improperly classified loans that went bad during the financial crisis.
