Arthur Sulzberger Punishes Morgan StanleyFINANCE
• The Ochs-Sulzberger family wants their money out of Morgan Stanley, after a London-based Morgan managing director tried to incite a shareholder revolt at the Times. [Fortune via CNNMoney]
• Hedge-fund heavies like T. Boone Pickens, Paul Tudor Jones II, and Carl Icahn have all donated to Rudy Giuliani’s exploratory committee. They maxed out their donation: a whopping $2,100. [DealBook/NYT]
• Equity Office’s board rejects Vornado’s cash-and-stock takeover bid and instead goes for Blackstone’s cash offer of $54 a share. Shareholders will likely vote next week. [CNNMoney]
it just happened
Hillary’s In
To the great surprise of no one, Hillary Clinton finally announced this morning that she’s running for president in 2008. “I’m in. And I’m in to win,” she said in a statement posted to her new campaign Website, oddly echoing the old Lotto slogan. “All you need is a dollar and a dream,” retorted fellow presidential aspirant George Pataki, continuing his quixotic campaign.
Hillary Says ‘I’m In to Win’$2 2008 Race [NYT]
Hillary for President [Official site]