Mergers and Acquisitions Mergers

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  • MUNICH, Jan 17- The European Union plans to take a harder look at whether the collection of vast troves of consumer data by big Internet companies violates competition rules, competition commissioner Margrethe Vestager said on Sunday. Since taking over as Europe's top antitrust enforcer in 2014, Vestager has stepped up investigations into U.S. web giants...

  • NEW YORK, Jan 15- Layoffs at chemical maker DuPont Co announced in late December, in preparation for its merger with Dow Chemical Co, create negative credit conditions for communities in Delaware and the state overall, a report said on Friday. Moody's Investors Service said the 1,700 jobs being cut in Delaware by DuPont represents a "significant" 24 percent of all...

  • LOMBARD, Ill., Jan 14- A potential merger of Canadian Pacific Railway Ltd and Norfolk Southern would make it hard for No. 3 U.S. railroad CSX Corp to survive alone and ratchet up pressure for more industry consolidation, the chairman of No. 2 U.S. railroad BNSF said on Thursday. "CSX would be at an enormous disadvantage and so there would be another step towards...

  • Why 2016 will be a record for bank mergers: Bove Thursday, 14 Jan 2016 | 6:48 AM ET

    Mergers between U.S. banks could hit the highest level in a decade this year, Rafferty Capital's Richard Bove told CNBC on Thursday.

  • UPDATE 1-Bitcoin firm buys industry publication CoinDesk Wednesday, 13 Jan 2016 | 2:06 PM ET

    The editorial and business teams at CoinDesk will merge with DCG's new events platform, doubling its size and forming a new New York- based subsidiary focused on providing news coverage, research, and events. CoinDesk's headquarters were moved to New York from London, Selkis said. The media outfit currently has 10 employees, plus contributors spread across two...

  • Bitcoin firm buys industry publication CoinDesk Wednesday, 13 Jan 2016 | 11:35 AM ET

    NEW YORK, Jan 13- Digital Currency Group, a holding firm focused on investing and developing businesses that deal in bitcoin and other cryptocurrencies, has acquired the industry publication CoinDesk, the company said in a statement on Wednesday. The editorial and business teams at CoinDesk will merge with DCG's new events platform, doubling its size and...

  • Would Apple buy Time Warner? Wednesday, 13 Jan 2016 | 11:05 AM ET
    Would Apple buy Time Warner?

    Former Twitter COO Ali Rowghani explains why he doesn't see Apple buying Time Warner.

  • Jan 13- Star dealmaker and former Citigroup Inc executive Michael Klein, the lead adviser to Dow Chemical Co on its $130 billion merger with DuPont, has quietly tripled the size of his advisory firm in the last 18 months. His New York- based shop, M. Klein& Co, has no website or marketing materials, and does not even list a phone number for its office. Yet the firm has been...

  • Smaller techs struggling Tuesday, 12 Jan 2016 | 11:34 AM ET
    Smaller techs struggling

    Small cap growth companies have been struggling, Twitter shares reach all-time lows. CNBC's Michael Santoli explains.

  • More hostile bids to come in 2016? Tuesday, 12 Jan 2016 | 10:36 AM ET
    More hostile bids to come in 2016?

    Morgan Stanley Global Head of M&A Rob Kindler expects more hostile bids in 2016, activist investing has peaked.

  • Jan 12- Health insurer Anthem Inc, which is buying rival Cigna Corp, said it expected its adjusted net income to rise to over $10.80 per share in 2016 from $10.16 estimated for 2015.. Anthem, which is acquiring Cigna for $47 billion, is optimistic about getting antitrust approval for the merger, Chief Executive Joseph Swedish told Reuters on Monday.

  • Our growth has been organic: IHG chief Tuesday, 12 Jan 2016 | 3:00 AM ET
    Our growth has been organic: IHG chief

    Richard Solomons, CEO of InterContinental Hotels Group, discusses the industry as the group opens its 5,000th hotel in New York.

  • Shire confirms $32bn merger with Baxalta Tuesday, 12 Jan 2016 | 3:00 AM ET
    Shire confirms $32bn merger with Baxalta

    Lucinda Guthrie, deputy global editor at Dealreporter, discusses the favorable tax advantages to the deal between the drug makers.

  • LOS ANGELES, CA - SEPTEMBER 04: Board Chairman and President of Dalian Wanda Group Co., Ltd, Wang Jianlin, speaks at the Wanda and AMC press conference at AMC 15 Theatres on September 4, 2012 in Los Angeles, California.

    Dalian Wanda Group has bought U.S. film studio Legendary Entertainment for about $3.5 billion, turning its chairman into a Hollywood movie mogul.

  • Shire's $32bn acquisition of Baxalta near completion Monday, 11 Jan 2016 | 2:30 AM ET
    Shire's $32bn acquisition of Baxalta near completion

    Alex Tarrant, assistant editor of Dealreporter, comments on the Shire-Baxalta deal and discusses whether or not 2016 will be as big a year for M&A as 2015.

  • Vonovia bids for Deutsche Wohnen Thursday, 7 Jan 2016 | 3:45 AM ET
    Vonovia bids for Deutsche Wohnen

    Stefan Kirsten, CFO of Vonovia, discusses his company's appeal to Deutsche Wohnen shareholders to back the merger.

  • Activision’s $46m bet to become the ESPN of gaming Tuesday, 5 Jan 2016 | 9:34 AM ET
    Attendees play the "Call of Duty: Black Ops III" game by Activision Blizzard Inc. during the E3 Electronic Entertainment Expo in Los Angeles.

    Video game publisher Activision Blizzard has acquired Major League Gaming (MLG) as part of its plan to create the “ESPN of e-sports.”

  • UK's Sainsbury's says Home Retail rejected offer Tuesday, 5 Jan 2016 | 8:17 AM ET
    A man puts a shopping bag into a car outside a Sainsbury's store in London

    Sainsbury's, Britain's second biggest supermarket, said it made a bid approach to Home Retail in November, which was rejected.

  • *Orange and Bouygues Telecom confirm talks. The negotiations accompany a softened line on sector consolidation from the government, which holds 25 percent of Orange, after it opposed a 10 billion euro bid last year for Bouygues Telecom by tycoon Patrick Drahi's Numericable-SFR. Former state monopoly Orange held three-way talks with Iliad and Bouygues about...

  • Bouygues said in a separate statement it had signed a confidentiality agreement with Orange. "As it is interested in opportunities that would enable it to bolster its long-term presence in the telecoms sector, Bouygues announces that preliminary discussions have started with Orange to look at the possible options," Bouygues said. French Economy Minister...