The United States and Arab allies bombed Syria for the first time on Tuesday, killing scores of Islamic State fighters and members of a separate al Qaeda- linked group, opening a new front against militants by joining Syria's three-year-old civil war. AbbVie has agreed to a deal to acquire Shire, which fell 1.9 percent to $251.38 in New York.» Read More
*May deter Pfizer from returning to bid for AstraZeneca. LONDON, Sept 23- Shares in drugmakers AstraZeneca and Shire fell sharply on Tuesday after the U.S. The move could jeopardize an agreed deal for AbbVie to buy Shire for $55 billion and deter Pfizer from making another attempt to acquire AstraZeneca, after a $118 billion takeover attempt failed in May.
LONDON, Sept 23- Shares in drugmakers AstraZeneca and Shire both fell more than 5 percent on Tuesday after the U.S. The move appears to jeopardise an agreed deal for AbbVie to buy Shire for $55 billion and could deter Pfizer from making another attempt to acquire AstraZeneca, after a $118 billion takeover attempt failed in May.
Administration officials who briefed reporters could not say how many pending inversions might be stopped by the new rules and specifically would not address whether the rules would block one of the most high-profile moves, an effort that Burger King announced in August to acquire Tim Hortons, a Canadian coffee and doughnut chain.
CNBC's Julia Boorstin MGM has acquired a 55 percent stake in two Mark Burnett firms.
NEW YORK, Sept 22- Private equity firm Silver Lake is in advanced talks to acquire online photo-sharing service Shutterfly Inc for at least $2 billion, people familiar with the matter said on Monday. Silver Lake has outbid other buyout firms in an auction for Shutterfly and is now negotiating the terms of an acquisition, the sources said.
FRANKFURT, Sept 22- Drugs and chemicals maker Merck KGaA agreed on Monday to acquire U.S.-based Sigma-Aldrich Corp for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group's history.
Sept 22- Auxilium Pharmaceuticals Inc said its board had determined that Endo International Plc's $2.2 billion takeover offer "significantly undervalues" the company, but left the door open for talks on a possible deal.
FRANKFURT, Sept 22- Drugs and chemicals maker Merck KGaA agreed on Monday to acquire U.S. company Sigma-Aldrich for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group's history.
NEW YORK— TTM Technologies Inc. said Monday that it plans to buy rival circuit board maker Viasystems Group Inc. for about $368 million in cash and stock. Costa Mesa, California- based TTM is paying $11.33 in cash and 0.706 share of its stock for each share of Viasystems.
CHESTERBROOK, Pa.— Auxilium Pharmaceuticals Inc.' s board has rejected an approximately $1.4 billion unsolicited takeover offer from Ireland's Endo International PLC. Auxilium, based in Chesterbrook, Pennsylvania, had adopted a one-year "poison pill" shareholder rights plan last week.
FRANKFURT, Germany— German drug company Merck says it has agreed to buy St. Louis- based chemical firm Sigma-Aldrich Corp. for $17 billion in a deal Merck says will strengthen its business in chemicals and laboratory equipment.
HOUSTON— German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion. Under the deal announced early Monday in Germany, Siemens will pay $83 per common share of Dresser-Rand Group Inc., $3.09 more than the company's closing share price on Friday.
The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group for all cash
NEW YORK/ LONDON, Sept 21- The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc for all cash, people familiar with the matter said on Sunday.
JUNEAU, Alaska— Anchorage- based Northrim Bank will cut staff at former Alaska Pacific Bank branches as it finishes the acquisition but promises more services for customers. It acquired Bank of America's Alaska operations in 1999 and Alaska First Banking Trust in 2007..
MADRID— Spanish telecoms company Telefonica says it has reached a deal to buy Brazilian operator GVT from French media conglomerate Vivendi. Telefonica says it will pay 4.66 billion euros in cash as well as 12 percent of the shares in its Brazilian unit, Telefonica Brasil, into which GVT will be integrated.
WASHINGTON, Sept 18- Microsoft Corp urged the Federal Communications Commission to approve AT&T's Inc $48.5 billion bid for DirecTV, saying in a filing that the acquisition is crucial to expanding Americans' access to the internet. The letter, which was dated Sept. 16 and released publicly on Thursday, comes as the FCC conducts a formal review of the merger.
PASADENA, Calif.— Green Dot is lowered its full-year profit and revenue expectations, citing an acquisition of a tax refund company and rising expenses in its core business this year. Green Dot now expects adjusted earnings between $1.25 and $1.29 per share. Previously, Green Dot Corp. anticipated $1.37 to $1.41 per share.
Sept 18- UBM Plc, a British communications and events company, confirmed that it was in talks to acquire Advanstar, a privately held U.S. trade show organiser. Reuters reported on Tuesday that UBM was in advanced talks to acquire Advanstar for around $900 million.
MATTHEWS, N.C.— Family Dollar has told shareholders to reject an unsolicited, $9.1 billion takeover bid from its rival, Dollar General. Family Dollar is currently trying to arrange a sale to another bargain chain, Dollar Tree Inc..