PRESS DIGEST - Wall Street Journal - June 26
June 26 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
** International Business Machines Corp and Lenovo Group Ltd are grappling with ways to resolve U.S. security concerns over IBM's proposed $2.3 billion sale of its computer-servers business to the Chinese company. (on.wsj.com/TyLkso)
** John Paulson's hedge-fund firm Paulson & Co has built a $1 billion stake in Allergan Inc and supports a takeover of the Botox maker by Valeant Pharmaceuticals International Inc , according to a person familiar with the matter. (on.wsj.com/1rASEQ9)
** General Motors Co on Wednesday temporarily halted U.S. and Canadian sales of its best-selling car, the Chevrolet Cruze, over potential problems with air bags made by Japanese supplier Takata Corp. (on.wsj.com/1iI7dBo)
** Bank of America Corp on Wednesday gave layoff notices to 540 workers in its hometown of Charlotte, N.C. (on.wsj.com/1qK80nE)