Author: 123jump.com Staff
123jump.com
Last Update: 4:53 PM EDT March 19 2007
Market averages rebounded after a week of sideways trading. Barclays PLC and ABN Amro Holding are in preliminary merger talks. European stocks got a lift on the news. In the U.S. ServiceMaster agreed to go private for $4.5 billion and Triad Hospital acquired Community Health Systems for $5.1 billion. Oil field service company Hurluleus paid $2.3 billion in cash to purhcase Todco. Petrobras of Brazil purchased second largest fuel disctibutor Ipiranga for $4.1 billion.
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