US newspaper round-up: Glenstrata, Rajat Gupta, Airlines...

Date: Monday 11 Jun 2012

“The investor revolt sweeping the UK, which has already cost a number of chief executives their jobs, could claim an even bigger casualty: commodities giant Glencore International PLC's proposed $66bn merger with miner Xstrata PLC. At issue is a contentious $267m executive-retention package tied to the landmark deal.

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