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Acquisitions

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  • UnitedHealth hikes forecast, shares edge to new heights Thursday, 16 Apr 2015 | 7:15 AM ET

    UnitedHealth hiked its 2015 forecast after soaring past Wall Street's first-quarter expectations with a performance fueled partially by growth outside health insurance. Operating earnings from that segment climbed 14 percent to $742 million, even though it also booked $42 million in costs tied to the acquisition of another pharmacy benefits manager,...

  • April 15- A consortium of private equity firm TPG Capital LP and Chinese conglomerate Fosun International Ltd is in the final stages of negotiations to acquire Cirque du Soleil, according to people familiar with the matter. The price that TPG and Fosun were negotiating with Lalibert√© could not be learned, but sources close to the process had previously stated...

  • Attention mall cops: Chinese firm acquires Segway Wednesday, 15 Apr 2015 | 4:05 PM ET
    Tourists on Segways zip across the East Plaza of the U.S. Capitol.

    Fans, hold on to your palm pilot. Xiaomi-backed Chinese firm Ninebot acquired iconic scooter maker Segway.

  • Yahoo + Foursquare?   Wednesday, 15 Apr 2015 | 11:08 AM ET
    Yahoo + Foursquare?

    David Faber is reporting sources say Yahoo is not in talks to acquire Foursquare. The Daily Mail North America CEO Jon Steinberg, provides perspective.

  • China's Ninebot buys US personal scooter maker Segway Wednesday, 15 Apr 2015 | 6:39 AM ET

    Beijing- based Ninebot Inc., which makes a range of short-distance motorized transport devices, said Wednesday that it bought Segway Inc. for an undisclosed amount. It said it received $80 million from a group of investors to finance the purchase. The acquisition comes five months after the U.S. International Trade Commission agreed to investigate Segway's...

  • BEIJING, April 15- Chinese transportation robotics firm Ninebot said on Wednesday it has acquired U.S. rival Segway Inc, the company behind the self-balancing scooter that became a technological marvel when it was launched in the early 2000 s but whose hype then faded. Financial details of the deal were not disclosed, but Ninebot Chief Executive Gao Lufeng said...

  • Delek said it would buy 33.7 million Alon USA shares, valuing each share at $16.985, which is a premium of more than 8 percent to the stock's Tuesday close. Alon USA's shares were up 5 percent at $16.50 in trading after the bell on Tuesday, while Delek's shares rose 3.2 percent to $39.10. For a year after that, Delek can acquire up to 49.99 percent of Alon USA at its...

  • April 14- Avon Products Inc, a direct seller of cosmetics, is exploring strategic alternatives, which could include a sale of its North America business, the Wall Street Journal reported on Tuesday. Chief Executive Sheri McCoy has been struggling to turn around Avon as it loses representatives- the so-called "Avon Ladies"- in the United States, and grapples with...

  • Avon exploring sale of North America business - WSJ Tuesday, 14 Apr 2015 | 1:20 PM ET

    April 14- Avon Products Inc, a direct seller of cosmetics, is exploring strategic alternatives, which could include a sale of its North America business, the Wall Street Journal reported on Tuesday. The company said late on Monday it was postponing its Analyst Day from May 13 to fall 2015 to give adequate time for its new Chief Financial Officer James Scully to...

  • HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal combining the industry's two weakest players that is backed by the French government but could pose challenges in cutting costs. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full combination,...

  • HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full...

  • UPDATE 2-Nokia in advanced talks to buy Alcatel-Lucent Tuesday, 14 Apr 2015 | 5:09 AM ET

    HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full...

  • Alcatel and Nokia declined to comment. Bloomberg reported later on Monday that the companies had examined a full takeover of Paris- based telecom equipment maker Alcatel, but that Nokia was more likely to buy the wireless business. The newspaper added that any deal would be closely watched by French politicians, as Alcatel was considered a strategic business.

  • April 13- Several shareholders of chipmaker Altera Corp, including Cadian Capital Management and TIG Advisors, have urged the company to resume takeover talks with Intel Corp, Bloomberg reported, citing people familiar with the matter. In letters to Altera's management, shareholders have raised concerns about the company's ability to create value on its own...

  • PARIS, April 13- Finland's Nokia Oyj is close to a deal to buy Alcatel-Lucent's mobile networks business to boost its core business, especially in the United States and China, Les Echos newspaper reported on Monday. Alcatel and Nokia declined to comment. Bloomberg reported on Monday that the companies had examined a full takeover of Paris- based Alcatel, but that...

  • Zoetis agreed with Pershing Square and Sachem Head Group in February to add two independent directors. The agreement prevents Pershing Square from raising its stake in Zoetis to above 12.5 percent and soliciting any takeover offers for the company or its units. Pershing Square was Zoetis's largest shareholder as of Feb. 3 with an 8.35 percent stake, according...

  • LinkedIn CEO: Lynda.com is a 'great fit'   Thursday, 9 Apr 2015 | 7:07 PM ET
    LinkedIn CEO: Lynda.com is a 'great fit'

    Jeff Weiner, CEO of LinkedIn, explains the professional social network operator's decision to acquire online education company Lynda.com for $1.5 billion.

  • April 9- Discussions over a takeover by Intel Corp of smaller chip maker Altera Corp have ended as the companies were unable to agree on price, a person familiar with the matter said, but Altera shares rose, suggesting it is still a potential target. Altera's shares surged 4 percent at $43.75 in afternoon trading on Nasdaq after earlier falling as much as 8 percent.

  • LinkedIn's big Lynda.com acquisition   Thursday, 9 Apr 2015 | 11:01 AM ET
    LinkedIn's big Lynda.com acquisition

    LinkedIn's biggest acquisition ever is of Lynda.com for $1.5 billion, with CNBC's Jon Fortt, and Jon Steinberg, The Daily Mail North America CEO.

  • April 9- Takeover talks between Intel Corp and Altera Corp have broken off as the chipmakers could not come to an agreement on price, a person familiar with the matter said. Altera's shares fell as much as 8 percent to $38.67 in early trading, while Intel was down about 2 percent to $30.57. Intel and Altera did not immediately respond to requests for comment.