Reuters: Mergers News: PRESS DIGEST - Wall Street Journal - March 28

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PRESS DIGEST - Wall Street Journal - March 28 Mar 28th 2012, 07:10 March 28 | Wed Mar 28, 2012 3:10am EDT March 28 (Reuters) - The following were the top stories in The Wall Street Journal on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy. * Goldman Sachs agreed to change its board structure in order to persuade a union pension fund to drop a shareholder proposal that could have cost Lloyd Blankfein his job as chairman. * Basketball legend Magic Johnson led a group that won an auction for the Los Angeles Dodgers baseball team, marking the final chapter of a soap-opera style saga for the franchise. * BATS Global Markets' directors voted to remove Joe Ratterman as chairman, while expressing unanimous support for him to stay on as the company's chief executive. * In recent months, lawyers for Edith O'Brien, the assistant treasurer at MF Global, offered a so-called proffer as part of an effort to negotiate immunity from prosecution in exchange for her cooperation with federal investigators. * Japanese securities regulators sought additional charges against Olympus and five individuals for their alleged involvement in the company's $1.5 billion accounting scandal. * The Fed's response to the 2008 financial crisis prevented a more severe recession, Chairman Ben Bernanke said in a comprehensive defense of the central bank's actions.

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