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Thursday, November 13, 2014

Takeover Digest-New York Times business news - Nov 13, (NYSE: BAC), (NYSE: C), (NASDAQ: DWA), (NASDAQ: HAS), (NYSE: JPM)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Hasbro Inc is in advanced talks to purchase DreamWorks Animation SKG Inc in a mix of cash and stock deal to form an unusual union of toy maker and animation studio, people familiar with the matter said. Jeffrey Katzenberg, the chief executive of DreamWorks Animation is seeking more than $30 a share, a significant premium over his company's current stock price. (nyti.ms/1xj4Vyr)* Tens of thousands of Americans who went through bankruptcy are still haunted by debts long after federal judges have extinguished the bills in court. Lawyers are investigating JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc and Synchrony Financial suspecting the banks of violating federal bankruptcy law. (nyti.ms/1EDLOQJ)

Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC fell by 0.17% or $-0.03/share to $17.29. In the past year, the shares have traded as low as $14.37 and as high as $18.03. On average, 82412496 shares of BAC exchange hands on a given day and today's volume is recorded at 48669100.

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 0.72% or $-0.39/share to $53.42. In the past year, the shares have traded as low as $45.18 and as high as $55.28. On average, 17366800 shares of C exchange hands on a given day and today's volume is recorded at 10271824.

DreamWorks Animation SKG, Inc. (DreamWorks Animation) is engaged in the development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets. Shares of DWA traded higher by 1.54% or $0.34/share to $22.37. In the past year, the shares have traded as low as $19.20 and as high as $36.01. On average, 1612870 shares of DWA exchange hands on a given day and today's volume is recorded at 714645.

Hasbro, Inc., engaged in providing children?s and family leisure time products with a range of portfolio of brands and entertainment properties. Shares of HAS traded higher by 1.41% or $0.8/share to $57.47. In the past year, the shares have traded as low as $47.48 and as high as $58.41. On average, 1047340 shares of HAS exchange hands on a given day and today's volume is recorded at 1082304.

JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM fell by 1.32% or $-0.81/share to $60.56. In the past year, the shares have traded as low as $52.97 and as high as $61.93. On average, 14086100 shares of JPM exchange hands on a given day and today's volume is recorded at 17219648.



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