1. Elliott, T. Rowe Price Lose Cayman Appraisal Fight Over $8.7 Billion China Take-Private Deal
Elliott Investment Management and T. Rowe Price Group Inc. have failed in their bid to extract premium payouts from the $8.7 billion take-private of China's largest online classified-ad marketplace, after a Cayman Islands judge ruled against awarding more than the original deal price. The decision marks a significant s...