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Press Digest: Wall Street Journal - November 5

PRESS DIGEST -Wall Street Journal - November 5

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- AstraZeneca AZN.L recently made a roughly $10 billion offer to buy Rhythm Pharmaceuticals RYTM.O , according to people familiar with the matter, a deal that would expand its portfolio of rare disease treatments.

- Activist investor Douglas Bergeron scored a victory in a proxy battle at home furnishings company Ethan Allen ETD.N on Wednesday when investors elected three of his nominees and handed him control of the five-person board, according to preliminary voting results.

- Andersons ANDE.O agreed to buy low-carbon ethanol producer Harvestone Low Carbon Partners for $915 million in a deal that expands the diversified agricultural company’s renewables platform by more than 40%.

- Israel has ordered billions of dollars' worth of American military hardware beyond what the US has committed to paying for, illustrating how hard it would be to phase out Washington’s funding for the country.

- Activist Joshua Wong, who became the global face of Hong Kong's pro-democracy movement, was sentenced to 10 years in jail on a charge of collusion with foreign entities under the city's national security law.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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