Mergers and Acquisitions

Can the Michael Kors Deal for Jimmy Choo Boost the Bottom Line?

Michael Kors, which styles itself as affordable luxury, is slipping on a new shoe. The company said Tuesday it agreed to buy luxury footwear brand Jimmy Choo, a go-to name ...
Read Full Story »

6 Most Important Things in Business Today

Japan-based Softbank will try to buy a multibillion dollar position in Uber, according to The Wall Street Journal. The world's largest ride-sharing service has come under intense pressure for sexual ...
Read Full Story »

KKR Pulls the Trigger on $2.8 Billion Deal for WebMD

Weekend chatter turned out to be right this time. KKR & Co. L.P. (NYSE: KKR) announced Monday morning that its Internet Brands portfolio company has agreed to acquire WebMD Health ...
Read Full Story »

Discovery and Scripps Reportedly in Merger Talks, Again

Scripps Networks Interactive, Inc. (NASDAQ: SNI) and Discovery Communications, Inc. (NASDAQ: DISCA) are watching their shares make a handy gain on Wednesday, after it was reported by the Wall Street ...
Read Full Story »

AT&T Analyst Downgrade Pits Time Warner Against Dividend Concerns

It has been known for decades that price wars are great for consumers and horrible for companies involved. That is particularly true for the companies that dominated for years. It ...
Read Full Story »

6 Most Important Business Stories Today

Reuters reports that activist investor Daniel Loeb continues to pressure Nestle to improve its stock and financial performance. His actions have been viewed as a reason the company has started ...
Read Full Story »

Without Tronc Offer, Chicago Sun-Times Could Close

The owner of the Chicago Sun-Times, the city's second-largest paper, may shutter it if the U.S. Department of Justice blocks Tronc Inc. (NASDAQ: TRNC), the owner of the largest paper in ...
Read Full Story »

6 Most Important Things in Business This Morning

The head of Saudi Aramco said that oil prices eventually will rise as exploration drops and the number of new oil fields lessens. According to Reuters: The world might be ...
Read Full Story »

Will Campbell Soup Finally Win in Organics With This Acquisition?

Campbell Soup Co. (NYSE: CPB) shares did not react much early on Friday despite the company making a sizable acquisition. The American soup giant is looking to add some more ...
Read Full Story »

6 Most Important Things in Business This Morning

France wants to end sales of gas and diesel cars by 2040. Tesla Inc.'s (NASDAQ: TSLA) stock plunge took away its crown as the number one U.S. car company by ...
Read Full Story »

Home Depot Acquires Machinery Rental Firm in $265 Million Deal

Home improvement giant Home Depot Inc. (NYSE: HD) announced Thursday morning that it has reached a definitive agreement to acquire privately held Compact Power Equipment for $265 million in cash. ...
Read Full Story »

Why Time Warner May Jettison CNN Before Any AT&T Merger

CNN’s thinly veiled threat against an as-of-yet private citizen for criticizing the network in an internet meme is one of the more bizarre and arguably puerile moves a large media ...
Read Full Story »

How One Bolt-On Merger Can Help AK Steel Transform

AK Steel Holding Corp. (NYSE: AKS) has sold off just a bit after the steel giant recently announced that it will acquire Precision Partners for a total of $360 million ...
Read Full Story »

Bankrate Acquired by Red Ventures in $1.4 Billion Deal

Bankrate Inc. (NYSE: RATE), a digital publisher of personal finance content, has agreed to a merger with privately held Red Ventures in which Bankrate shareholders will receive $14 in cash ...
Read Full Story »

Verizon May Target Disney for Takeover

Verizon Communications Inc. (NYSE: VZ) is considering Walt Disney Co. (NYSE: DIS) as a takeover target, according to The New York Post. The huge telecom company and wireless carrier has ...
Read Full Story »