An icy rain is pelting about 30 protesters who’ve converged at the gate of a natural gas drilling site near Manchester, England. On the other side of a fence topped with razor wire, a 10-story-high rig is boring into shale to determine if it’s suitable for hydraulic fracturing, or fracking. The demonstrators unfurl a banner: “Fracking will poison our children.”
Veteran U.K. music industry entrepreneur Chris Wright bought back a unit of Chrysalis Group Plc only weeks after selling the group he founded to a company owned by KKR & Co LP for 107 million pounds ($173 million), the Daily Telegraph reported, citing people familiar with the deal.
Vertex Pharmaceuticals Inc., maker of the first medicine to target the underlying cause of cystic fibrosis, gained the most ever after a combination of that drug and a second therapy improved patients’ breathing ability.
Chrysalis Group Plc , the music company with rights to songs by Tom Jones , Engelbert Humperdinck and Blondie, agreed to be bought by BMG Rights Management GmbH in a cash deal after years of approaches and talks to sell.