NEW YORK— PayPal's split from long-time partner eBay Inc. makes Carl Icahn mighty happy. Icahn, who months ago called on eBay to spin off the lucrative online and mobile payment service, continues to believe that the payments field must be consolidated, either by PayPal buying up smaller rivals or by merging with another major player.» Read More
Dollar General took its $9.1 billion offer for Family Dollar Stores hostile, directly approaching the shareholders of its smaller rival.
SAO PAULO, Sept 8- Banana producer Chiquita Brands International Inc has postponed a shareholder vote on a plan to merge with Fyffes Plc in order to engage in discussions with Safra Group and Grupo Cutrale regarding a $611 million unsolicited takeover bid.
SAO PAULO, Sept 8- Banana producer Chiquita Brands International Inc adjourned a shareholder vote on a plan to merge with Fyffes Plc in order to engage in discussions with Grupo Cutrale and Safra Group regarding a $611 million unsolicited takeover bid.
WASHINGTON, Sept 8- The No. 3 U.S. Senate Democrat has circulated a draft proposal to crack down on U.S. companies that invert, or merge with foreign competitors to get lower tax rates, and it would apply to deals as far back as 1994..
Sept 8- Banana producer Chiquita Brands International Inc said Fyffes Plc has granted it a waiver to engage in discussions with Cutrale and Safra Group regarding their $611 million takeover bid. Chiquita, which last month rejected the bid from the Brazilian companies, has been attempting to close a merger with Fyffes, announced in March.
Dish Network Chairman Charlie Ergen is said to be discussing a T-Mobile U.S. deal with its parent Deutsche Telekom, Bloomberg reported.
However, a successful sale of the masts would help Vimpelcom cut Wind's debt, which stood at 9.6 billion euros in June and has so far proved one of the hurdles to a proposed merger with 3 Italia, the smallest of the country's four network operators behind Telecom Italia, Vodafone and Wind, the sources said.
Norwegian Cruise Line Holdings is acquiring Prestige Cruises International for $3.025 billion in cash and stock.
*Novartis boosts drugmakers on new drug prospects. LONDON, Sept 1- European shares edged higher to close near a recent one-month peak on Monday, with merger and acquisition speculation about British broadcaster ITV helping media stocks and Novartis leading drugmakers.
*Novartis boosts drugmakers on new drug prospects. LONDON, Sept 1- European shares traded near a recent one-month peak on Monday, with merger and acquisition speculation about British broadcaster ITV helping media stocks and Novartis leading drugmakers. Novartis, up 4.7 percent, was the top gainer on the FTSEurofirst 300 index.
Financial daily Les Echos reported on Friday that negotiations, which first began before a planned $35 billion merger of Publicis and Omnicom Group Inc was unveiled in July 2013, restarted three months ago after the Omnicom deal fell through.
WASHINGTON, Aug 29- With plans for a T-Mobile US Inc merger in tatters, Sprint Corp is expanding a roaming program with rural cellphone companies that could provide a much-needed way for the debt-laden wireless carrier to cheaply increase its footprint.
Negotiations, which first began before a planned $35 billion merger of Publicis and Omnicom Group Inc was unveiled in July 2013, restarted three months ago after the Omnicom deal fell through, financial daily Les Echos reported.
MILAN, Aug 29- Fiat signalled its merger with U.S. affiliate Chrysler was on track on Friday as a tally of shareholders suggested most had chosen not to exercise an option that could derail the plan, a vital step in the Italian carmaker's turnaround efforts.
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.
Time Warner Cable is experiencing multiple outages nationwide, the company said on Wednesday, but did not specify the nature of the problem.
Here are key things Burger King needs to focus on to avoid a customer backlash over its proposed Tim Hortons merger, says brand expert Leeann Leahy.
Here's how you incentivize companies to do business in the US, not head to Canada like BK, says Michael Yoshikami.
Among the potential harms that DISH identified in the merger are "discriminatory data caps," and "restriction of third-party online rights."
Burger King Worldwide confirmed plans to acquire Tim Hortons, with billionaire Warren Buffett helping to finance the deal.