European officials, emboldened by a victory over banker bonuses, will propose legislation this year giving shareholders voting rights to challenge executive pay.
When Berkshire Hathaway and co-investors were putting together the deal to buy Heinz, they wanted the right to terminate the acquisition if they couldn't finance it in the event that some of the biggest banks in the world went bust.
Regulators have escalated an investigation into suspicious trades placed ahead of the $23 billion takeover of H. J. Heinz, focusing on a complex derivative bet routed through London, according to two people briefed on the matter. The New York Times reports.