Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Billionaire investor Carl Icahn, campaigning to oust the the board of Clorox and put the company up for sale, says he would pay $10.3 billion for it if no other buyer emerged.
2. Bank of America is selling about half its stake in China Construction Bank for $8.3 billion, booking a $3.3 billion gain and bolstering capital ahead of new international standards.