ZURICH, Sept 22- Swiss pump maker Sulzer said it had ended talks over a merger with Dresser-Rand Group Inc after Germany's Siemens offered to buy the U.S. oilfield equipment maker for $7.6 billion. "Sulzer has terminated the talks with Dresser-Rand," Sulzer spokesman Verena Goelkel said in an emailed statement on Monday.» Read More
Hillshire Brands said it will withdraw its recommendation to its shareholders to vote for its acquisition of Pinnacle Foods.
June 16- Hillshire Brands Co said it will withdraw its recommendation to its shareholders to vote for its acquisition of Pinnacle Foods Inc, following Tyson Foods Inc's to buy Hillshire. Hillshire said it does not have the right to terminate the merger agreement with Pinnacle Foods on the basis of the Tyson Foods offer.
A subsequent merger of Williams' MLP, Williams Partners LP, with Access, will, if successful, create one of the largest MLPs by enterprise value- close to $100 billion.
Priceline announces it is buying online reservation site OpenTable for $103 per share, or about $2.6 billion.
LONDON, June 13- The world's biggest would-be drugs merger hit a wall last month but speculation about smart ways that Pfizer could yet seal a deal with AstraZeneca remains intense. Even as talks fell apart last month, some in Pfizer's camp remained optimistic the transaction could be revived- and certain AstraZeneca advisers have not ruled out renewed talks.
BEIJING, June 11- Alibaba Group Holding Ltd said on Wednesday it will buy all the remaining shares of mobile browser firm UCWeb in the biggest merger in Chinese internet history, as the e-commerce giant steps up its spending spree ahead of its U.S. listing.
Allergan's board of directors announced on Tuesday that it has unanimously rejected a revised, unsolicited buyout offer from Valeant Pharmaceuticals.
Matthew Toole, Thomson Reuters, discusses the resurgence of deal making in the U.S. and calls the recent M&A activity generally a lagging indicator of the markets.
June 10- Energy and power investment firm Riverstone Holdings LLC will buy PPL Corp's competitive energy business, PPL Energy Supply LLC, and merge it with its generation portfolio to form a publicly traded independent power producer, the companies said.
Tyson Foods announced on Monday it has acquired Hillshire Brands in a deal it valued at about $8.55 billion.
Icahn reported on Friday a 9.39 percent stake in Family Dollar and said he was considering to push the $6.89 billion company for a merger with rival Dollar General Corp.. Family Dollar's shares rose as much as 16 percent to $70.30 on the New York Stock Exchange on Monday, while Dollar General's shares rose as much as 14 percent to $65.97.
Family Dollar adopted a one-year poison pill with a trigger of 10 percent, two days after Carl Icahn reported a stake in the company.
Drug giant Merck said it would purchase Idenix Pharmaceuticals for $3.85 billion, a deal already approved by both companies' board of directors.
June 9- Family Dollar Stores Inc adopted a one-year poison pill with a trigger of 10 percent, two days after activist investor Carl Icahn reported a stake in the company and said he would consider pushing for a merger with Dollar General Corp..
Some of the names on the move ahead of the open.
Hillshire Brands is expected to declare Tyson the victor of a bidding war over itself, people briefed on the matter said on Sunday.
WASHINGTON, June 5- Sprint Corp and T-Mobile might have some fresh arguments to allay regulator skepticism about a merger, but the government may still be reluctant to approve shrinking the U.S. wireless market from four main players to three.
NEW YORK/ FRANKFURT, June 4- Sprint Corp has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter said, marking further progress in the attempt to merge the third and fourth-biggest U.S. mobile network operators.
Kevin Smithen, Macquarie Securities, shares his thoughts on the pending mega-merger between Sprint and T-Mobile and what it might mean for the telecom industry.
NEW YORK, June 4- Sprint Corp has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter told Reuters on Wednesday, signaling progress in a long-contemplated deal to merge the third- and fourth-largest U.S. wireless carriers.