Mergers and Acquisitions Mergers

  • June 28- Healthcare services provider McKesson Corp said it would combine most of its information technology business with Change Healthcare Holdings Inc to form a new company with combined pro forma annual revenue of $3.4 billion. Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services, will contribute...

  • WILMINGTON, Del., June 28- Jeffrey Katzenberg, DreamWorks Animation SKG Inc's chief executive, has been hit with a proposed class action lawsuit over what a minority shareholder called an "extraordinarily valuable" side deal he struck as part of the $3.8 billion sale of the studio to Comcast Corp.. Monday's class action complaint by Ann Arbor City Employees...

  • June 28- Healthcare services provider McKesson Corp said it would combine most of its information technology business with Change Healthcare Holdings Inc to form a new company with combined pro forma annual revenue of $3.4 billion. Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services, will contribute...

  • Stocks to Watch: June 28, 2016

    Dow Chemical, Xerox and Volkswagen are making headlines this morning before the opening bell.

  • Idemitsu agreed late last year to buy Showa Shell for about $4 billion, creating what would be Japan's No.2 refiner by capacity. However, opposition from the founding family and related parties, which together hold 33.92 percent of Idemitsu shares, could be enough to veto the takeover, Kyodo and Jiji News said. The merger of Idemitsu, which has close ties with Iran,...

  • WASHINGTON, June 27- U.S. antitrust regulators filed a complaint on Monday to block the proposed merger of Canadian chemical companies Superior Plus Corp and Canexus Corp.. The U.S. Federal Trade Commission said in a statement that the companies are among three major North American producers of sodium chlorate, a chemical used to whiten wood pulp for making...

  • Dallas-based Energy Transfer Partners.

    Williams Companies dipped about 3 percent as the completion of its $33 billion merger with ETE came into question.

  • WASHINGTON, June 27- U.S. antitrust regulators filed a complaint on Monday to block the proposed merger of Canadian chemical companies Superior Plus Corp and Canexus Corp.. Toronto- based Superior Plus Corp said in October that it would buy chemicals and handling company Canexus Corp, based in Alberta, as it looked to expand its specialty chemicals portfolio.

  • FRANKFURT, June 27- Some Deutsche Boerse shareholders are urging the exchanges group to seek more favorable terms in its planned merger with the London Stock Exchange Group after Britain's vote last week to leave the European Union. Some shareholders also said German regulators might not accept the companies' plan to make London the legal base for the...

  • NEW YORK/ WILMINGTON, Del., June 24- Energy Transfer Equity won a court ruling on Friday that would allow the pipeline operator to walk away from its more than $20 billion takeover of rival Williams Cos Inc, a deal that Energy Transfer agreed to in September but soured on in January. A Delaware judge ruled that Energy Transfer, or ETE, had not breached the merger...

  • NEW YORK/ WILMINGTON, Del., June 24- Energy Transfer Equity won a court ruling on Friday that would allow the pipeline operator to walk away from its more than $20 billion takeover of rival Williams Cos Inc, a deal Energy Transfer agreed to in September but soured on in January. A Delaware judge ruled that Energy Transfer, or ETE, had not breached the merger agreement...

  • *German scepticism about London base grows. FRANKFURT, June 24- German regulators contested plans for a merged Deutsche Boerse-London Stock Exchange to be based in London following Britain's vote to leave the European Union, while one politician even said the deal was now as good as dead. Deutsche Boerse and LSE agreed in March to a $30 billion merger to create a...

  • *UK vote does not hurt merger rationale- exchanges. FRANKFURT, June 24- London Stock Exchange Group Plc and Deutsche Boerse vowed on Friday to press ahead with a $30 billion merger despite Britain's vote to leave the European Union. "The combined group's capabilities, including global reach, distribution network across Europe, Asia and America, brand strength,...

  • FRANKFURT, June 24- Exchange operators London Stock Exchange Group Plc and Deutsche Boerse on Friday said they were pressing ahead with their $30 billion merger in the wake of the UK's vote to leave the European Union. The exchanges said the outcome of the referendum did not affect the compelling strategic rationale of their merger and they would continue to...

  • Tesla needs support from non-Musk shareholders for SolarCity deal

    Tesla's proposal to buy SolarCity could pose a problem due to the overlap between the two investor groups.

  • SAN FRANCISCO/ DETROIT, June 22- Elon Musk may have "zero doubt" over the common sense of Tesla Motors' proposed acquisition of rooftop solar company SolarCity, but a merger of the two cash-burning companies at a crucial time in the electric car firm's growth plan carries financial risk Tesla can ill afford, investors and analysts say. The proposed stock deal, worth...

  • Elon Musk, co-founder and CEO of Tesla Motors.

    Tesla's $2.8 billion bid for Solar City cements Elon Musk's status a mad scientist, says Breakingviews editor Jeffrey Goldfarb. Here's why.

  • Wholesale price of solar coming down: First Solar CEO

    James Hughes, First Solar CEO, talks about the company's strategic partnership with Southern Company, as competition in renewable energy heats up and prices lower. Also Hughes explains why he thinks the investment tax credit is a restraint on the renewable energy industry.

  • A potential deal between ConAgra and Post Holdings could value Lamb Weston at around $6 billion, said another source with knowledge of the matter. The two companies were discussing a Reverse Morris Trust structure for the deal, the first person said. A Reverse Morris Trust is a tax-free deal in which one company merges with a spun-off unit.

  • GEORGETOWN, Del., June 20- Williams Cos Inc and Energy Transfer Equity LP sparred in court on Monday over a tax dispute that threatens to scuttle their $20 billion merger just one week before Williams shareholders vote on the deal to create one of the world's largest pipeline companies. Williams is asking a judge to force ETE to complete the takeover, alleging that...