Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.» Read More
Goldman Sachs said Tuesday it selectively upgraded shares of some brokers and asset managers, but remains cautious on stocks of regional banks, mortgage and specialty finance companies and real estate investment trusts.
What are your best trades if M&A activity bounces back in 2008?
Lazard posted weaker-than-expected quarterly earnings amid higher costs and little growth in merger and acquisition fees, sending shares of the financial advisory firm down.
TXU said on Monday that it has not received a competing bid to the $32 billion takeover offer from Kohlberg Kravis Roberts and Texas Pacific Group, and its financial advisers do not expect it to receive one.
DaimlerChrysler shares were trading higher Tuesday following several media reports that said private-equity bids for Chrysler could come in as early as this Thursday.