WALL STREET JOURNAL - Latest News - Brown-Forman to buy Herradura for $875 mln - WSJ

WALL STREET JOURNAL - Latest News - Brown-Forman to buy Herradura for $875 mln - WSJ 

NEW YORK (Reuters) - Drinks group Brown-Forman Corp. BFa.N is expected to announce a deal to buy the business of Tequila Herradura SA, which makes two of Mexico's leading tequila brands, for about $875 million, The Wall Street Journal reported on Monday.

Dow Jones, Journal Register mull sales 
Dow Jones, publisher of The Wall Street Journal, Dow Jones Newswires, several major market indicators, the weekly Barron\'s and a group of community newspapers, is looking into purging some of its Ottaway community newspapers located in Danbury, Conn.; Oneonta, N.Y.; Plattsburg, N.Y.; Santa Cruz, Calif.;

NMSU author examines ex-attorney general's reign 
John David Ashcroft left Washington with surprisingly little fanfare at the end of his term as U.S. attorney general. His departure hardly went unnoticed, though. The Wall Street Journal's Bret Stephens, a conservative columnist, acknowledged that Ashcroft had become "a national embarrassment."

ALI H. ASLAN 
In an article of August 8th in the Wall Street Journal, Professor Bernard Lewis claimed Iran might have intentionally picked August 22 to announce its final decision on the international offer as regards the suspension of its nuclear program, because it coincides with the day of Prophet Muhammads miraculous ascent to Heaven.

Judge dismisses Grasso suit against McCall, WSJ reports 
SAN FRANCISCO (MarketWatch) -- A New York state judge has dismissed a civil lawsuit filed by former New York Stock Exchange chief Richard Grasso against H. Carl McCall, a former NYSE director and the New York State comptroller, according to a media report.

India's HT Media says open to Wall Street Journal taking stake 
India's HT Media Ltd. (532662.BY) Friday said it is open to the Wall Street Journal purchasing a stake in the company. "If the (government) rules allow, we have no problems (with the Wall Street Journal buying a stake)," Seema Chandra, chief financial officer of HT Media told Dow Jones Newswires.

Prudential to settle rapid trade dispute 
The pact will settle allegations former Prudential brokers helped investors rapidly trade mutual-fund shares, The Wall Street Journal reported in its Web site Friday, citing two people familiar with the situation.

The Hottest Rod in Detroit 
GM gets bragging rights.

Intesa, Sanpaolo Rise With Merger In Sight 
1432 GMT [Dow Jones]--Banca Intesa (BIN.MI) and Sanpaolo IMI (IMI) shares on the rise again after the Wall Street Journal reports contacts between the two are far enough advanced that a deal to merge could be signed as early as Saturday.