RIO DE JANEIRO/ PARIS, Aug 27- Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by foreign rivals.» Read More
*Weir dropped bid for Metso this week. *Omnicom and Publicis cancelled merger plan. LONDON, May 30- Investors looking for big merger-driven gains on Europe's stock markets this year are having to temper their expectations after a number of multi-billion euro deals have fizzled out.
Bob O'Donnell, Founder and Chief Analyst at Technalysis Research, outlines what Apple stands to benefit from its purchase of Beats Electronics.
CNBC's Sri Jegarajah breaks down the Apple-Beats deal in a unique rap.
Alex Gauna, MD & Senior Research Analyst at JMP Securities, outlines the doubts he has about Apple's acquisition of Beats Electronics.
Daniel Wiener, CEO, Adviser Investments, describes how the acquisition of Beats Electronics may give Apple a boost in the music-streaming space.
*Telefonica's German deal could be set similar conditions. BRUSSELS, May 28- Hong Kong- based Hutchison Whampoa got the approval of the European Union's competition authority on Wednesday for its $1 billion bid for Telefonica's Irish mobile business in a case that could set the regulatory tone for Telefonica's bigger pending German merger deal.
*Hillshire Brands shares soar after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stocks rose on Tuesday as the S&P 500 scored a second straight record close, buoyed by the latest round of merger activity and as expectations for rate cuts by the European Central Bank stoked investors' appetite for equities.
*Hillshire Brands shares soar after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stocks advanced on Tuesday after the S&P 500 touched a record high, buoyed by the latest round of merger activity and as expectations for rate cuts at the European Central Bank stoked investors' appetite for equities.
WASHINGTON, May 27- U.S. regulators should challenge the proposed $45 billion merger of the two largest American cable providers, Comcast Corp and Time Warner Cable Inc, the New York Times said in an editorial in Tuesday's newspaper.
*Hillshire Brands shares jump after Pilgrim's Pride bid. *Cisco shares up on Deutsche Bank upgrade, price target hike. NEW YORK, May 27- U.S. stocks rose on Tuesday with the S&P 500 hitting a fresh record high supported by merger activity and as expectations for rate cuts at the European Central Bank stoked bids for equities.
*Hillshire Brands shares jump after Pilgrim's Pride bid. *Cisco shares up on Deutsche Bank upgrade, price target hike. *Aeropostale jumps after it secures $150 mln credit facility.
*Hillshire Brands shares jump after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stock index futures rose on Tuesday, ahead of a data-heavy session, as expectations for rates cuts by the European Central Bank stoked bids for equities even as the benchmark S&P 500 index closed at a record on Friday.
Pilgrim's Pride is offering to acquire meat producer Hillshire Brands in a deal worth about $5.52 billion.
EDINBURGH, May 27- European shares edged higher on Tuesday, supported by hopes for more mergers and acquisitions activity that helped UK shares outperform mainland Europe.
Emilia Falcetti, Analyst, Japan Healthcare Equity Research at Cantor Fitzgerald, discusses whether Asian pharmaceuticals will follow their global peers in "ditching the diversification model."
Partners at 1,300- lawyer Squire Sanders voted on Friday, after 300- lawyer Patton Boggs, known for its lobbying presence in Washington, D.C., had earlier approved the combination.
NEW YORK, May 23- The law firms Squire Sanders and Patton Boggs said on Friday they had agreed to combine, striking a deal that is expected to save Patton Boggs from growing financial strain. In a news release, the two firms said they would begin operating under the name Squire Patton Boggs effective June 1.
May 22- The fate of the proposed merger of law firms Patton Boggs and Squire Sanders appeared uncertain on Thursday after Squire Sanders halted voting on approving the tie-up. The deal was held up because of concerns over the role of Patton Boggs in a legal battle between Chevron Corp and a group of Ecuadorean villagers, a source close to the deal told Reuters.
Two days ago, partners from the 300- lawyer Patton Boggs voted on the proposed merger with the 1,300- lawyer Squire Sanders. Neither Patton Boggs managing partner Edward Newberry, who would be co-managing partner of the new firm, nor James Maiwurm, chairman of Squire Sanders, responded to requests for comment.
The "Squawk on the Street" crew weigh in on the potential merger between tobacco companies Reynolds American and Lorillard.