Mergers and Acquisitions

DowDuPont Names Execs for Post-Breakup Firms

When Dow Chemical and DuPont announced their plans to merger late in 2015, part of the plan involved breaking up the merged firm, now known as DowDuPont Inc. (NYSE: DWDP), ...
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6 Most Important Things in Business Today

Tesla Inc.'s (NASDAQ: TSLA) Elon Musk addressed logistics issues. According to Reuters: "Sorry, we've gone from production hell to delivery logistics hell, but this problem is far more tractable. We're ...
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Time Magazine Sold for $190 Million

The head of Salesforce.com Inc. (NYSE: CRM) bought Time magazine and related properties for $190 million. Meredith Corp (NYSE: MDP), which bought Time parent company Time Inc. in January 2018, ...
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Government Slows Sprint Merger With T-Mobile

The merger between the third and fourth largest U.S. wireless carriers seems to be a lock. With nothing to stand in their way, managements of Sprint Corp. (NYSE: S) and ...
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Will the IDT Acquisition Actually Go Through?

Integrated Device Technology Inc. (NASDAQ: IDTI) shares hit a multiyear high early Tuesday after it was announced that the Japanese semiconductor firm Renesas Electronics would be acquiring it. For an ...
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Why Fred’s Shares Are Skyrocketing

Fred’s Inc. (NASDAQ: FRED) shares exploded on Monday after the company announced a definitive asset purchase agreement with Walgreens Boots Alliance Inc. (NASDAQ: WBA). According to the deal, Walgreens will ...
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GameStop Short Squeeze on Potential Buyout

GameStop Corp. (NYSE: GME) has been struggling in 2018, and recently rumored this summer that it might be looking for a buyout. It seems that this finally has come to fruition ...
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Transocean Bets on Higher Oil Prices With Acquisition of Deepwater Driller Ocean Rig

Offshore drilling services company Transocean Ltd. (NYSE: RIG) announced Tuesday that it has agreed to acquire competitor Ocean Rig UDW Inc. (NASDAQ: ORIG) in a deal valued at $2.7 billion. ...
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Why a Massive China Telecom Merger Matters to the US

Two of China's three largest wireless carriers are reportedly discussing a merger. China Unicom (Hong Kong) Ltd. (NYSE: CHU) and China Telecommunications Corp. Ltd. (NYSE: CHA) are both state-controlled wireless ...
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What Will Coca-Cola Acquire Next?

With its $5 billion acquisition of the Costa coffee shop chain, Coca-Cola Co. (NYSE: KO) once more has shown its commitment to expanding its footprint and the diversity of its ...
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Can Coca-Cola Compete — and Win — in the Global Coffee Business?

Coca-Cola Co. (NYSE: KO) has reached an agreement to acquire Costa, a subsidiary of U.K.-traded Whitbread, for $5.1 billion in cash. The deal is expected to close in the first ...
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6 Most Important Things in Business Today

Corporate profits surged last quarter. According to The Wall Street Journal: U.S. corporate profits boomed in the second quarter, boosted by large tax cuts and stronger economic growth than initially ...
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Conagra Gets One Step Closer to Acquiring Pinnacle Foods

Pinnacle Foods Inc. (NYSE: PF) and Conagra Brands, Inc. (NYSE: CAG) shares were relatively muted on Monday despite making another pivotal step to closing their tie-up. Essentially, the firms received ...
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Enbridge Raises All-Stock Offer for Spectra to $3.3 Billion

Energy infrastructure company Enbridge Inc. (NYSE: ENB) announced Friday morning that it has entered into a definitive agreement to acquire the 81.9 million shares (17% of shares outstanding) of Spectra ...
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How Tyson Foods Plans to Keep on Growing

Tyson Foods Inc. (NYSE: TSN) announced early on Monday that it had reached a definitive agreement to acquire the Keystone Foods business from Marfrig Global Foods. The transaction is all ...
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