While investors were running to T-bills Monday as a safe haven from the face off between President Barack Obama and Russian president Vladimir Putin over Russia’s intervention in Ukraine, Merger Monday still went forward. Tyco International sold its Korean business to Carlyle Group for more than $1.9 billion and the City of Philadelphia sold Philadelphia Gas Works to UIL Holdings for almost $1.9 billion. Plus Men’s Wearhouse and Jos. A. Bank are finally talking deal terms.
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