Samsung says its defacto holding company Cheil Industries Inc. will acquire Samsung C&T Corp. by offering 0.35 new Cheil shares for every Samsung C&T share. Analysts say the move will give Samsung heir Lee Jae-yong greater control over the conglomerate including its crown jewel Samsung Electronics Co.. The combined entity will be named Samsung C&T.» Read More
Michael Lynch, Autonomy founder, discusses "accounting misrepresentations" involving Autonomy after it was sold to Hewlett-Packard back in 20111 for $11 billion.
Otsuka said subsidiary Otsuka Pharmaceutical Co Ltd would pay $17 per share in cash, or a premium of 13.3 percent to Avanir's closing price on Monday. The deal, Otsuka's biggest according to Thomson Reuters data, comes as the company aims to beef up its product pipeline ahead of a so-called "patent cliff" after April 2015, when its U.S. patent for schizophrenia drug...
Dec 2- Otsuka Pharmaceutical Co Ltd, a unit of Japan's Otsuka Holdings Co Ltd, said it would buy U.S.-based Avanir Pharmaceuticals Inc for about $3.5 billion to expand its neurologic drug portfolio. Otsuka's deal comes as it faces imminent expiration of its patent for schizophrenia drug Abilify in April 2015. Goldman Sachs advised Otsuka while Centerview...
Dec 1- Cypress Semiconductor Corp will buy peer Spansion Inc for $1.59 billion in stock to create a flash-memory chipmaker with more than $2 billion in annual revenue. Spansion's stock was trading at $25.20 after the bell, lower than Cypress's offer of $25.63, based on Monday's close. Spansion shareholders will receive 2.457 Cypress shares for each Spansion...
TORONTO, Dec 1- Intel Corp said on Monday it has acquired PasswordBox, a Montreal- based identity management service that gives users a convenient way to log into websites and applications from any device without having to type or remember passwords. The Santa Clara, California- based chipmaker said PasswordBox will become part of the Safe Identity...
CNBC's David Faber discusses the future of Vodafone after reports of a potential acquisition of Liberty Global surfaced in a story by Bloomberg.
Nov 28- BCE Inc, Canada's largest telecommunications company, said it would buy its mobile products distributor, Glentel Inc, for about C $594 million in cash and stock. Glentel's shareholders will receive C $26.50 per share, which represents a 108 percent premium to its Thursday close on the Toronto Stock Exchange. Including net debt and minority interest of...
The Fast Money traders discuss Twitter's potential acquisition of "Shots," the Justin Bieber backed selfie app run by John Shahidi.
Brian Whiteman, GrooveBook founder; discusses how he got the idea to start his photobook company. And Jeffrey Housenbold, Shutterfly president & CEO, shares his outlook for GrooveBook.
Discussing Shutterfly's $14.5 million acquisition of "Shark Tank" backed GrooveBook, with Brian Whiteman, GrooveBook founder; Jeffrey Housenbold, Shutterfly president & CEO, and Kevin O'Leary, "Shark Tank" investor.
AstraZeneca said it had made good progress in developing a pipeline of new drugs.
Actavis is nearing a deal to acquire Allergan in a cash and stock deal worth more than $210 per Allergan share, sources tell CNBC.
Discussing the price of Warren Buffett's acquisition of Duracell from Procter & Gamble, Nik Modi, RBC Capital Markets, explains why it seem like the perfect fit for the way Berkshire philosophically thinks about assets.
Warren Buffett is buying Duracell from Procter & Gamble. CNBC's Jim Cramer breaks down the deal.
The "Squawk Box" news team discusses Berkshire's acquisition of Duracell from Procter & Gamble.
Yahoo will acquire video advertising network Brightroll in an all-cash deal valued at $640 million.
Elliott Management sent a letter to Family Dollar's board, nominating seven new directors on Friday.
Goldman Sachs is in discussions to acquire IndexIQ, an exchange-traded fund provider, according to three sources familiar with the situation.
CNBC's David Faber reports Medtronic is changing its source of cash for its deal to buy Covidien.
Larry Van Tuyl, Van Tuyl Group, discusses the events leading up to selling his business to Warren Buffett.