*No significant likelihood of another bank deal- CEO John Thain. July 22- U.S. small-business lender CIT Group Inc said it would buy California bank OneWest Bank NA for $3.4 billion in cash and stock, a deal that will give CIT a more reliable source of funding.» Read More
July 14- Generic drugmaker Mylan Inc said on Monday it would buy Abbott Laboratories' branded specialty and generics business in developed markets outside the United States in a $5.3 billion deal that will bolster its product line and also cut its tax bill.
BUZZ-PROFESSIONAL DIVERSITY NETWORK INC: TO ACQUIRE NAPW INC@ July 14-** Online professional network. operator's shares up 15.5 pct at $4.88 after deal to take over owner of National Association of Professional Women. **Company will issue 6.3 million shares for all outstanding shares of NAPW and pay $3.5 million in cash to sole shareholder of NAPW.
NEW YORK— An investor group that includes investor and reality TV star Marcus Lemonis said it plans to acquire Crumbs Bake Shop out of bankruptcy. Crumbs, which filed for Chapter 11 bankruptcy reorganization Friday in New Jersey, said it agreed to be acquired by Lemonis and Fischer Enterprises, the company behind Dippin' Dots ice cream.
*Generali to book net loss of 100 mln euros from disposal. MILAN, July 14- Brazilian investment bank Grupo BTG Pactual is buying Swiss private bank BSI for a knock-down 1.5 billion Swiss francs, extending an overseas push by the Sao Paulo- based lender.
LOUISVILLE, Ky.— Kindred Healthcare is offering more cash for shares of Gentiva Health Services Inc., but it now aims to acquire just a slice of the home health and hospice care provider instead of the whole company.
Stocks shook off last week's doldrums and finished sharply higher Monday, driven by a round of corporate deal news and strong earnings from Citigroup. Investors cheered AECOM Technology's $4 billion acquisition of engineering and construction services company URS Corp., sending URS' stock up 11.6 percent and AECOM 8.6 percent.
Shire says it is willing to recommend AbbVie's latest takeover bid to shareholders. CNBC's David Faber outlines the details of the potential deal.
OMAHA, Neb.— ConAgra Foods Inc., the company behind Chef Boyardee canned pasta, said Monday that it bought a Chinese potato processor for $93 million to help it sell more frozen potato products in Asia.
Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.
AECOM Technology said it will pay $4 billion to acquire URS in an acquisition that is expected to complete in October.
*Shire accepts Abbvie takeover offer. *London- listed drugmaker Shire Plc succumbed to an increased 31 billion pounds takeover offer from Abbvie Inc, ending a long-running courtship largely motivated by tax rates. U.S.-listed shares of Shire rose 2.4 percent to $255.10 while Abbvie shed 0.7 percent to $54.56 in premarket trade.
July 14- Generic drugmaker Mylan Inc said it would buy Abbott Laboratories' specialty and branded generics business in developed markets outside the United States in an all-stock transaction valued at about $5.3 billion.
*Kuehne& Nagel, Sports Direct advance. *Banco Espirito Santo falls for 6th session. London- listed drugmaker Shire rose 2.2 percent after saying it was ready to recommend a new 31 billion pound takeover offer from AbbVie, entering talks after receiving a fifth bid from the U.S. firm.
*AbbVie raises bid to 53.20/ share from 51.15. *Bid comprises 24.44 stg cash and 0.8960 new AbbVie shares. LONDON, July 14- London- listed drugmaker Shire Plc succumbed to an increased 31 billion pounds takeover offer from Abbvie Inc on Monday, signaling the conclusion to a long-running courtship largely motivated by tax.
GENEVA— Swiss chocolate maker Lindt& Spruengli says it is buying U.S. manufacturer Russell Stover Candies, Inc., for an undisclosed sum. Lindt CEO Ernst Tanner said Monday that the purchase provides "a unique opportunity for us to expand our North American chocolate business."
July 13- Whiting Petroleum Corp said on Sunday it would acquire Kodiak Oil& Gas Corp for $3.8 billion in stock, to become the largest producer in North Dakota's Bakken shale oil formations, eclipsing Harold Hamm's Continental Resources Inc..
July 13- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $4 billion to acquire engineering and construction services firm URS Corp. AECOM in a news release said it would pay $56.31 a share in cash and stock for URS. URS stockholders will receive $33 in cash and 0.734 share of AECOM common stock for each URS share.
July 13- Whiting Petroleum Corp said on Sunday it would acquire Kodiak Oil& Gas Corp for $3.8. Bakken/ Three Forks oil formations. The formations, within the Williston Basin in North Dakota and Montana, are among the largest oil plays in the United States.
July 13- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $4 billion in cash and stock to acquire URS Corp, an engineering and construction services company, to create a combined company with about $19 billion in annual sales and more than 95,000 employees.
July 13- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $6 billion in cash and stock to acquire URS Corp, an engineering and construction services company, to create a combined company with about $19 billion in annual sales and more than 95,000 employees.