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Daily Wrap Up - August 31.


<h1>Disney to acquire Marvel in $4 billion deal</h1>

Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the biggest media deal of the year, banking on Marvel's roster of superheroes to broaden its lineup of movie franchises that appeal to boys. <a href="http://img.ibtimes.com/http://img.ibtimes.com/http://img.ibtimes.com/articles/20090831/disney-to-acquire-marvel-inbillion-deal.htm">Read Full Article here</a>.

<h1>Baker Hughes to buy BJ Services for $4.8 billion</h1>

Oilfield services company Baker Hughes Inc&nbsp;said on Monday it would buy smaller peer BJ Services Co&nbsp;for $4.8 billion to create a one-stop shopping destination for its oil and gas producing customers and better take on the industry's leaders. <a href="http://img.ibtimes.com/http://img.ibtimes.com/http://img.ibtimes.com/articles/20090831/disney-to-acquire-marvel-inbillion-deal.htm">Read Full Article here</a>.

<h1>U.S. judge rules against AIG in Starr case</h1>

A U.S. judge on Monday ruled against American International Group&nbsp;in the giant insurer's legal battle with Starr International Co, affirming a July jury verdict that Starr did not breach a trust. Read Full Article here.

<h1>Ex-trader Kerviel sent to trial over SocGen scandal</h1>

Jerome Kerviel, the French former trader blamed by Societe Generale for close to 5 billion euros ($7.2 billion) in losses, was ordered to stand trial on Monday, his lawyer Olivier Metzner told Reuters. <a href="http://img.ibtimes.com/http://img.ibtimes.com/http://img.ibtimes.com/articles/20090831/ujudge-rules-against-aig-in-starr-case.htm">Read Full Article here</a>.

<h1>Climate change bill hits new Senate delay</h1>

U.S. Senate Democrats on Monday said they will delay introducing a climate change bill for a few weeks and set a goal of unveiling legislation "later in September." <a href="http://img.ibtimes.com/http://img.ibtimes.com/http://img.ibtimes.com/articles/20090831/climate-change-bill-hits-senate-delay.htm">Read Full Article here</a>.

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Title Annotation:Walt Disney Co. buys Marvel Entertainment Inc.; Baker Hughes Inc. buys BJ Services Co.; American International Group Inc. into cases with Starr International Company Inc.
Publication:International Business Times - US ed.
Date:Aug 31, 2009
Words:327
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