Woot, an online shopping site, wasn’t content with just putting out a press release to trumpet its sale to Amazon.com. So it put out a rap video on YouTube hosted by a stuffed monkey. Read more..

By DEALBOOK - The New York Times

American International Group Chief Executive Robert Benmosche and Chairman Harvey Golub, at odds over a botched sale of the company’s Asian life unit, have agreed to work out their differences, a source familiar with the situation said on Thursday, Reuters reported. Read more..

By DEALBOOK - The New York Times

Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from U.S. competitor Emerson Electric that values it at 997 million pounds ($1.5 billion). Read more..

By DEALBOOK - The New York Times

Dana Petroleum, a U.K. oil and gas explorer, surged by the highest amount in 19 months in London trading after a takeover approach from Korea National Oil. The shares climbed as much as 23 percent to 1,450 pence, the biggest intraday gain since November 2008. Read more..

By DEALBOOK - The New York Times

German lawmakers on Friday approved a government bill that would cement in law and extend curbs on speculative trading practices following the country’s abrupt imposition of restrictions in May, The Associated Press reported. Read more..

By DEALBOOK - The New York Times

It looks like the hedge fund industry will have to brace itself for yet another regulatory headache: Europe’s new bonus restrictions. Read more..

By DEALBOOK - The New York Times

For weeks now, the two biggest issues in Congress have been cleaning up Wall Street and cleaning up the Gulf Coast — and prominent lobbyist Tony Podesta has had a big hand in both. Read more..

By DEALBOOK - The New York Times

The major indexes continued down after the markets suffered their worst quarter since late 2008. Read more..

By REUTERS - The New York Times

The U.S. House approved a measure restricting the ability of drugmakers to enter agreements that the Federal Trade Commission has said keep generic medicines off the market. The proposal, included in a war-funding bill that passed the House last night, now goes to the Senate. Read more..

By DEALBOOK - The New York Times

What will this year’s Allen & Company annual media retreat — a traditional birthplace of headline-grabbing deals — yield? Perhaps nothing, some industry observers told Reuters. Read more..

By DEALBOOK - The New York Times