Sonaecom loses move to cut bidPortugal's stock market regulator has

Sonaecom loses move to cut bid
Portugal's stock market regulator has rejected a request from Sonaecom to approve a reduction of its hostile bid for its bigger rival Portugal Telecom from 9.5 to 9.41 a share.

Commission defers investigation of alleged release of phone records to NSA
UTC asks for legal, jurisdictional issues in ACLU request to investigate alleged phone company information sharing. Docket No. 060856