The Bottom Line
The board of Dutch bank ABN Amro said it would not take sides in competing bids to acquire the bank.
The board of Dutch bank ABN Amro said it would not take sides in competing bids to acquire the bank. The board noted that the bid from Britain’s Barclays is a better fit for ABN, but that the $97 billion bid by Royal Bank of Scotland and two other banks, while riskier, “is clearly superior for the ABN Amro shareholders from a financial point of view.” (AP in BusinessWeek.com)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- Ted Cruz is the new Sarah Palin
- Watch out, China — America is working on dogfighting drones
- How liberals are unwittingly paving the way for the legalization of adult incest
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 43 TV shows to watch in 2014
- The troubling persistence of eugenicist thought in modern America
- 10 things you need to know today: October 1, 2014
- Why America won't have enough money to battle ISIS
- Bill O'Reilly and Stephen Colbert are accidentally having a serious debate on ISIS
- Why the Chinese military is only a paper dragon
Subscribe to the Week