Mergers and Acquisitions

6 Most Important Things in Business Today

China, in the early stages of a trade war with the United States, said it would lower some tariffs. According to CNBC: China's Finance Ministry has said that it will cut ...
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GE to Receive $11 Billion for Its Transportation Business

General Electric Co. (NYSE: GE) announced Monday morning that Westinghouse Air Brake Technologies Corp.(NYSE: WAB), also known as Wabtec, has agreed to combine with GE's Transportation division in a deal ...
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Are MB Financial Shareholders Getting Enough in the Merger?

MB Financial Inc. (NASDAQ: MBFI) saw its shares make a handy gain to start the week after it was announced that it would be merging with Fifth Third Bancorp (NASDAQ: FITB). ...
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6 Most Important Things in Business Today

General Electric Co. (NYSE: GE) may set a transaction to radically change one of its divisions. According to Reuters: General Electric Co is nearing a deal to merge its transportation ...
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What’s Behind Enbridge Offer for Spectra Energy Partners

Calgary-based energy infrastructure company Enbridge Inc. (NYSE: ENB) on Thursday made a nonbinding offer to acquire the approximately 17% of Spectra Energy Partners L.P. (NYSE: SEP) it does not already ...
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CBS Shareholders Ask Where Their Yachts Are

The average investors in badly managed companies that pay executives large salaries and in which large shareholders get special perks often ask, "Where are the shareholders' yachts"? At CBS Corp. ...
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6 Most Important Things in Business Today

China says it did not make a huge trade offer mentioned in the press. According to Reuters: China denied on Friday that it had offered a package to slash the ...
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Cheniere Rolls Up Subsidiary for 1% Premium

Cheniere Energy Inc. (NYSEAMERICAN: LNG) announced Thursday morning that it is acquiring the approximately 8.1% of subsidiary Cheniere Energy Partners Holdings LLC (NYSEAMERICAN: CQH) that it does not already own ...
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Are Abaxis Shareholders Getting Enough in the Buyout?

Abaxis Inc. (NASDAQ: ABAX) shares hit an all-time high early on Wednesday after it was announced that Zoetis Inc. (NYSE: ZTS) would be acquiring the firm. The acquisition is expected ...
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US Promises Help for ZTE; China Reopens Qualcomm-NXP Merger Deliberations

To say that the president's willingness Sunday to cut a deal with China relaxing U.S. sanctions against ZTE took everyone by surprise may be an understatement. Less of a surprise, perhaps, ...
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6 Most Important Things in Business Today

Many investors believe the price of oil will go higher. According to Reuters: Oil futures prices have soared past three-year highs, OPEC’s deal has cut millions of barrels of inventory ...
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Consolidation in Canada’s Marijuana Patch: Aurora to Acquire MedReLeaf

In an all-stock deal valued at C$3.2 billion (about US$2.5 billion), Canadian marijuana grower Aurora Cannabis will acquire MedReLeaf. Both are major Canadian cultivators of cannabis for the medical market, along ...
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Xerox Deal to Combine With Fujifilm Dies, Leaving US Company With Difficult Future

Two corporate raiders have managed to kill a business combination between Xerox Corp. (NYSE: XRX) and an arm of Japanese company Fujifilm. It leaves troubled Xerox with a difficult future, ...
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5 Most Important Things in Business Today

President Trump said he will help China telecom company ZTE, which is suffering because of trade friction between the United States and the People's Republic. According to Reuters: U.S. President ...
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Walmart Takes 77% Stake in Flipkart for $16 Billion

Retail giant Walmart Inc. (NYSE: WMT) announced Wednesday morning that it had pulled the trigger on a deal to acquire a controlling stake in India's Flipkart Group, the country's leading ...
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