There’s more at stake in Twitter Inc.’s initial public offering than just shares held by employees and investors. The performance will influence how Silicon Valley’s dealmakers value emerging Web startups.
Automobile dealers who three years ago won an exemption from direct oversight by the U.S. Consumer Financial Protection Bureau have found that it still has a lot of clout over how they finance car sales.
Charles River Laboratories International Inc. agreed to buy WuXi PharmaTech (Cayman) Inc. for about $1.6 billion to expand in China, where revenue from drug-testing services is growing as much as 30 percent a year.
Charles River Laboratories International Inc. withdrew a $1.6 billion bid for WuXi PharmaTech (Cayman) Inc. , citing investor opposition to what would have been the largest foreign takeover of a China company.