SCMP Group did not identify the potential buyer. The announcement comes days after news reports that billionaire Jack Ma, the founder of Chinese e-commerce giant Alibaba, is interested in acquiring the South China Morning Post newspaper. SCMP said it has received a "preliminary approach from a third party" for a possible purchase of its media assets.» Read More
GlaxoSmithKline CEO Sir Andrew Witty, discusses the benefit to shareholders from his company's acquisition of Novartis' vaccination business, as well as its oncology unit.
Bob Moritz, PricewaterhouseCoopers chairman and senior partner, discusses the company's plan to boost its consulting business by extending its global reach.
Arne Sorenson, CEO & president of Marriott International, discusses his company's acquisition of the largest hotel company in Africa.
Michael Carr, Goldman Sachs M&A group in the Americas, shares his thoughts on the role of activists in deal making and the outlook for mergers and acquisitions.
Activism in the long-term is not only bad for shareholders but also bad for the economy as a whole, says Martin Lipton, Wachtell, Lipton, Rosen & Katz, expressing his views on shareholder activism. Also Lipton shares his thoughts on the two categories of hedge fund activism.
It's been a robust 12 months of mergers and buyouts. Here's an inside look at four high-profile deals from Facebook-WhatsApp to Warren Buffett's involvement with Heinz.
Discussing Facebook's decision to purchase virtual reality technology company Oculus VR for $2 billion, with Dennis Berman, The Wall Street Journal.
Discussing Facebook's decision to purchase virtual reality technology company Oculus for $2 billion, with Mike Isaac, Re/code senior editor.
Facebook purchased virtual reality technology company Oculus for $2 billion. Stephan Paterno, Slated CEO & co-founder, says Mark Zuckerberg is making an "offensive bet."
Facebook purchased virtual reality technology company Oculus for $2 billion, reports CNBC's Josh Lipton.
Facebook purchased virtual reality technology company Oculus for $2 billion just five weeks after announcing a $16 billion deal to buy WhatsApp, reports CNBC's Josh Lipton. The FMHR traders provide perspective.
Facebook acquired virtual reality technology company Oculus for $2 billion. John McDuling of Quartz thinks the Oculus acquisition is more ambitious than the WhatsApp purchase.
The social media giant is getting into the virtual reality game, reports CNBC's Jon Fortt with details of the deal and a look at how Oculus works.
Media General said it would buy LIN Media for $1.6 billion to create a broadcaster reaching nearly a quarter of U.S. households with a television.
Radio frequency chipmakers RF Micro Devices will buy peer TriQuint Semiconductor for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers.
Peter Weinberg, Perella Weinberg Partners, weighs in on recent mergers and acquisitions, from Facebook buying WhatsApp for $16 billion to Comcast's $45 billion merger with Time Warner Cable, and discusses the role of the activist investor. I don't know a company now that isn't focused on activists, says Weinberg.
A recent acquisition shows how bedroom novelties have aroused the interest of private equity firm Brookstone Partners.
G Asset Management has proposed to acquire 51 percent of Barnes & Noble at $22 per share, reports CNBC's Courtney Reagan.
Mark Mahaney, RBC Capital Markets, shares his thoughts on Facebook's $16 billion deal to acquire the messaging startup and what it signals about the company's future focus. What Facebook has done is essentially doubled its utility value, Mahaney says.
This really gives Facebook a tremendous share of time spent on mobile devices, says Rich Greenfield, BTIG analyst, sharing his thoughts on whether Facebook's $16 billion bet will pay off.