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Mergers and Acquisitions Mergers

  • FRANKFURT, May 5- Linde Chairman Wolfgang Reitzle has defended his plan for a $70 billion merger with U.S. rival Praxair, telling a German newspaper it was a good deal for workers and investors. The merger, which promises $1 billion of synergies, would reunite a global company split by World War One a century ago and create a market leader to rival Air Liquide.

  • Syngenta headquarters in Basel, Switzerland, February 3, 2016.

    ChemChina has won more than enough support from Syngenta shareholders to clinch its $43 billion takeover of the Swiss pesticides and seeds group, the two companies said on Friday.

  • Investors had high hopes for specific details on merger discussions on the company's post-earnings conference call from Sprint Chairman Masayoshi Son, who is chief executive of Japan's SoftBank Group Corp, Sprint's controlling shareholder. Shares slid 14 percent to close at $7.70, marking Sprint's largest one-day percentage decline since November 2014.

  • Joey Levin, chief executive officer of IAC/InterActiveCorp, left, speaks as Barry Diller, chairman of IAC/InterActiveCorp, listens during a conference in New York on Tuesday, Dec. 6, 2016.

    The merger of Angie's List and IAC's HomeAdvisor may be just the beginning of IAC's expansion into the space, CEO Joey Levin said.

  • LONDON, May 2- British housebuilder Bovis, which was subject to two failed buyout bids earlier this year, said it would take a 2.8 million-pound hit from the talks and a review conducted in February after the firm warned on profits. Bovis, which said sales so far this year are in line with reduced building expectations, warned on profits at the end of 2016 after it...

  • Angie's List website is displayed on a computer screen.

    The review site will combine with IAC's HomeAdvisor to create a new publicly traded company.

  • *First-quarter rev $3.68 bln vs est. *EPS 76 cents vs est. The U.S. Federal Communications Commission barred merger talks among telecommunications companies for over a year as it conducted a $19.8 billion auction of airwaves from broadcasters for wireless use.

  • May 1- Dish Network Corp said on Monday its quarterly revenue missed analyst estimates as the U.S. satellite TV provider lost more subscribers than expected. The U.S. Federal Communications Commission barred merger talks among telecommunications companies for over a year as it conducted a $19.8 billion auction of airwaves from broadcasters for wireless...

  • Their merger would have united Meredith's Better Homes& Gardens and Family Circle magazines with Time's stable of publications including People and Fortune. Time's shares closed down 17 percent at $15.2 percent in New York on Friday, leaving the company with a market capitalization of $1.5 billion. Meredith stock dropped 9.7 percent to $59.20, giving it a...

  • WASHINGTON, April 28- A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger, which was opposed by the U.S. Justice Department, 11 states and a...

  • WASHINGTON, April 28- A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger that was opposed by the U.S. Justice Department, 11 states and a...

  • WASHINGTON, April 28- A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger that was opposed by the U.S. Justice Department, 11 states and a...

  • WASHINGTON, April 28- A U.S. appeals court blocked health insurer Anthem Inc's bid to merge with Cigna on Friday, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger that was rejected by the U.S. Justice Department, 11 states and a...

  • FRANKFURT, April 28- Germany's Siemens has moved into journey planning with the purchase of privately-owned Hannover- based firm HaCon to complement its transportation business, which it has been talking about merging with Bombardier's. Siemens' transportation unit, a business with 7.8 billion euros in annual sales, offers rolling stock, signalling, and...

  • Tim Armstrong

    "Both executive teams are working incredibly hard on planning the integration of the companies," Tim Armstrong wrote.

  • Sam Altman of Y Combinator, September 23, 2015 in San Francisco.

    The Y Combinator president has been a vocal proponent for net neutrality.

  • *Q1 net sales up 23.6 pct to $13.23 bln vs est $13.21 bln. *Sees Q2 sales of $13.3 bln to 13.8 bln vs est $13.21 bln. Regulators in the United States, Brazil, China, Australia and Canada are yet to clear the deal.

  • *Dubai, Qatar slip to multi month low. *Abu Dhabi weighed down by blue chips. DUBAI, April 27- Shares in two Saudi banks that are in early merger talks moved in opposite directions on Thursday while other regional markets ended the week down as investors had little fresh company earnings and news to reallocate their funds or build positions.

  • DOW CEO: We built a portfolio for all seasons

    Andrew Liveris, Dow Chemical chairman and CEO, talks about what drove growth this quarter after the company delivered a bigger-than-epxected profit, and it's planned merger with DuPont.

  • *Operating EPS $1.04 vs est $0.99. The merger is still to be approved by regulators in the United States, Brazil, China, Australia and Canada. "We've had lots of substantive discussions, expect to hear from China and the U.S. Department of Justice next, followed by Brazil," Howard Ungerleider, Dow's chief financial officer, told Reuters.