Should investors sell their Lascelles shares to Angostura?
Trinidadian beverage company Angostura Limited has offered what appears to be a very fair price of US$10.65 per ordinary share as part of a takeover of leading Jamaican conglomerate Lascelles de Mercado.
U.S. Stock Futures Fall; American Express, Countrywide Retreat
U.S. stock-index futures dropped after American Express Co. said customer defaults are rising and Bank of America Corp. agreed to buy Countrywide Financial Corp. for less than its market value.