Sony Corp. may be preparing to bid more than $40 a share for IMAX Corp., the U.S.-based company
that designs and makes giant-screen movie theaters, the Daily Mail reported, citing London traders. Walt Disney Co. may also be interested in bidding for IMAX,
the newspaper added. No-one was available for comment at Sony’s headquarters in Japan, where it is a national holiday.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
