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In brief

Suitors looking at Saab

A spokeswoman for General Motors’ Saab unit says several potential buyers have expressed interest in the Swedish brand after a specialty car maker pulled out of a deal to acquire it.

On Tuesday, a group led by Sweden’s Koenigsegg Automotive AB dropped out of a deal to buy Saab that had been in the works since June.

Saab spokeswoman Gunilla Gustavs says a few potential buyers have approached Saab after the deal fell through.

A person briefed on GM’s plans said Wednesday that it hasn’t talked to any potential buyers.

Net gambling ban delayed

The Treasury Department and the Federal Reserve are giving U.S. financial institutions an additional six months to comply with regulations designed to ban Internet gambling.

The two agencies said Friday that the new rules, which were to take effect on Dec. 1, would be delayed until June 1 of next year.

The rules seek to curb online gambling by prohibiting financial institutions from accepting payments from credit cards, checks or electronic fund transfers to settle online wagers.

Wal-Mart store close OK’d

The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to become the first Wal-Mart in North America to unionize.

The highest court in Canada ruled in a 6-3 margin that the multinational had the right to shut down the outlet in Jonquiere, Quebec, and lay off 190 employees.

The world’s largest retailer, based in Bentonville, Ark., opened the store in 2001. In September 2004, the United Food and Commercial Workers Union was certified to represent employees of the Wal-Mart store.

Sprint close to iPCS buy

Sprint Nextel Corp. has taken another step toward acquiring wireless affiliate iPCS Inc. for $426 million.

The Overland Park, Kan.-based carrier said Friday that more than 12 million iPCS shares, or a majority of the outstanding stock, had been tendered or promised by the tender offer’s Wednesday deadline. Under the deal, iPCS shareholders will receive $24 per share.

Sprint said it will be able to acquire the remaining shares of iPCS by Dec. 7 without a vote of the affiliate’s shareholders.

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