The following corporate finance-related stories were reported by media:* William Morris Endeavor Entertainment LLC (WME), the talent agency backed by private equity firm Silver Lake, is near a deal to acquire peer IMG Worldwide for about $2.3 billion, according to a person familiar with the matter.* IMS Health Inc has hired JPMorgan Chase & Co Inc to lead a proposed initial public offering that could value the private equity-owned healthcare information company at close to $10 billion, according to people familiar with the matter.* The U.S. Justice Department is preparing to file civil fraud charges against Citigroup Inc and Bank of America's Merrill Lynch unit over their sale of flawed mortgage securities ahead of the financial crisis, according to people familiar with the probes.
Citigroup Inc. (Citigroup) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. Shares of C fell by 0.41% or $-0.21/share to $50.69. In the past year, the shares have traded as low as $38.50 and as high as $53.68. On average, 23074800 shares of C exchange hands on a given day and today's volume is recorded at 17951722.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM fell by 1.24% or $-0.7/share to $55.72. In the past year, the shares have traded as low as $42.90 and as high as $58.14. On average, 20326700 shares of JPM exchange hands on a given day and today's volume is recorded at 18338500.
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