Street Talk
- The Federal Reserve and U.S. Treasury will inject billions of dollars into Fannie Mae and Freddie Mac to shore up the mortgage financing giants. [WSJ]
- Anheuser-Busch has agreed to be bought by InBev for $70 a share, or $52 billion. [MarketWatch]
- Yahoo has rejected Microsoft and Carl Icahn's proposal to divide the Internet company into several, smaller pieces. [Bloomberg]
- The SEC will start examining rumor-mongering on the Street. [NYT]
- A bill before Congress would put new regulations on bond-rating firms. [WSJ]
- Spain's biggest bank, Banco Santander, is paying $2.6 billion to acquire ailing British home lender Alliance & Leicester. [NYT]
- Waste Management, the nation's largest waste-collection company, is offering $14.7 billion for one of its rivals, Allied Waste Industries [Dealbook]