company town
Lehman Liquidates Three Funds to the Tune of $1 Billion
FINANCE
• Yahoo's search for a white knight could take a surprising twist if Microsoft and the News Corp. band together to ward off Google. [NYT]
• If you look at the fine print, Apollo Global Management isn't really doing that "initial public offering" thing. [DealBook/NYT]
• Lehman Brothers liquidated three funds worth $1 billion. [DealBook/NYT]
MEDIA
• Bill Clinton and Michelle Obama get bylines in...Us! [NYO]
• It must be so tough being full all the time. Glossy-magazine writer Alan Richman whines about being a food critic. [WWD]
• Is the bleak state of the newspaper industry Wall Street's fault? Sure! [E&P]