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February 22, 2008

British publisher buys ChoicePoint

ChoicePoint Inc., a 1997 spinoff of credit agency Equifax, is being acquired by the parent of LexisNexis in a cash deal worth $3.6 billion, a major premium for a company that weathered an embarrassing breach of its database, federal investigations and a stock-trading probe of its top two executives. The deal combines ChoicePoint’s data and analytics assets with LexisNexis’ technology, a marriage

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What's next after Black Monday?

A full-blown crisis threatens global credit markets; U.S. stocks suffer biggest one-day decline since 9/11.

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Westly's history of questionable IPO stock trades

State Controller Steve Westly made a $286,000 profit at the height of the dot-com boom through a pattern of stock trades that experts say is consistent with participation in a banned stock-market manipulation scheme. His tax returns show that on 33

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The Wallendas Hit Wall Street

Thomas Peterffy, the chairman of Interactive Brokers, wants to let investors buy or short stocks for 20% margin.

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