Market Chatter- Corporate finance press digest
Oct 21 (Reuters) - The following corporate finance-related stories were reported by media:
* JPMorgan Chase & Co has reached a tentative $13 billion deal with the U.S. Justice Department and other government agencies to settle investigations into bad mortgage loans the bank sold to investors before the financial crisis, a source familiar with the talks said on Saturday.
* Paylocity, an online payroll and human resources software company, has picked banks for an initial public offering that could come next year, according to two sources familiar with the matter.
* Office Depot and OfficeMax Inc are set to receive regulatory approval for their planned merger as the Federal Trade Commission has concluded the deal is not likely to substantially lessen competition, the Wall Street Journal reported.
* A co-operative of smallholders plans to buy a 10 percent stake in Malaysia's Felda Global Ventures Holdings Bhd (FGV), the world's third-largest palm plantation operator, according to a report by The Edge Malaysia over the weekend. Continued...