TOKYO/BASEL (Reuters) - China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors had no illusions the bailout would end the global credit market misery.
The proposed acquisition of Macromedia by Adobe is not a done deal. Both companies are under the scrutiny of the SEC, and it must also be approved by stockholders.
While Macromedia/Adobe gives this process three to nine months, some industry analysts feel that is being overly optimistic.
But assuming that all is goes as planned, Macromedia will cease to exist. Everything will be in the Adobe name and with the Adobe interface.
TOKYO/BASEL (Reuters) - China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors had no illusions the bailout would end the global credit market misery.
