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Financial News Network
September 24, 2011 AT 1:10 PM
This is what's in the news for Friday, September 23rd. the Wall Street Journal reports that Chrysler Group's (PINK:FIATY) negotiations with the UAW have stalled over significant differences on pay for entry-level workers and health care costs. Reuters reports that Mergers and acquisitions dramatically slowed in the third quarter as economic uncertainty affected the confidence and growth views of corporate executives. Companies who want to take advantage of opportunities are running into reluctant lenders. Finally, Bloomberg reports that Bank of America (NYSE:BAC) is in exclusive talks with two private-equity firms to sell its stake in NPC International (NASDAQ:NPCI), the biggest U.S. Pizza Hut franchisee, for over $800M.