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AT&T says Time Warner purchase could avoid FCC scrutiny

January 7, 2017 by · Leave a Comment 

AT&T Inc expects to be able to bypass a powerful telecommunications regulator in its planned $85.4 billion acquisition of Time Warner Inc , the companies said in regulatory filings on Friday. Time Warner said that since it does not plan to transfer any Federal Communications Commission licenses to AT&T, it would likely not need FCC approval and would only need the consent of the U.S. Justice Department. AT&T could forego the FCC by unloading a Time Warner broadcast station,

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AT&T says Time Warner purchase could avoid FCC scrutiny

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DuPont CEO Breen says Trump win unlikely to impact Dow deal

December 9, 2016 by · Leave a Comment 

Executives and dealmakers are looking for signs of whether the incoming Trump administration will take a traditional Republican approach to major mergers and treat them with a lighter touch. Breen said he does not expect Trump's rhetoric would make the president-elect's administration

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DuPont CEO Breen says Trump win unlikely to impact Dow deal

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U.S. import prices post first drop in six months, but trend improving

September 14, 2016 by · Leave a Comment 

U.S. import prices fell for the first time in six months in August on weak petroleum and food costs, but the declining trend is slowing as oil prices stabilize and the dollar's rally fades. Import prices slipped 0.2 percent last month after gaining 0.1 percent in July. August's drop was the first since February and was led by a 2.8 percent decline in petroleum prices.

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U.S. import prices post first drop in six months, but trend improving

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Bayer’s Monsanto acquisition to face politically charged scrutiny

September 14, 2016 by · Leave a Comment 

WASHINGTON D.C./NEW YORK (Reuters) – As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over the future of food production. Bayer’s pesticide-focused agricultural business has few overlaps with Monsanto's dominant seed franchise, according to the companies' executives. Monsanto and Bayer “have chosen to do a deal …

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Bayer’s Monsanto acquisition to face politically charged scrutiny

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Bayer’s Monsanto acquisition to face politically charged scrutiny

September 14, 2016 by · Leave a Comment 

WASHINGTON D.C./NEW YORK (Reuters) – As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over…

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Bayer’s Monsanto acquisition to face politically charged scrutiny

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Gawker Media founder to file for personal bankruptcy: source

August 1, 2016 by · Leave a Comment 

By Jessica DiNapoli (Reuters) – Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a…

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Gawker Media founder to file for personal bankruptcy: source

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SolarCity accepts Tesla’s $2.6 billion offer; both shares fall

August 1, 2016 by · Leave a Comment 

SolarCity Corp agreed to Tesla Motors Inc's $2.6 billion offer to buy the solar panel installer, the companies said Monday, clearing one obstacle in the way of Elon Musk's ambitious plans for a carbon-free energy and transportation company. Tesla's stock swap offer valued SolarCity at $25.37 a share, or $200 million less than the initial proposal that Musk outlined in June, before advisers to the companies had done due diligence. SolarCity shares closed last Friday at about 5 percent above that

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SolarCity accepts Tesla’s $2.6 billion offer; both shares fall

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Teva says Allergan deal to close ‘any time’, expects U.S. antitrust clearance

July 13, 2016 by · Leave a Comment 

NEW YORK/TEL AVIV (Reuters) – Teva Pharmaceutical Industries Ltd said on Wednesday it expected its $40 billion deal to buy Allergan Plc's generics business to close “at any time,” even as the companies extended the deadline for completing the transaction to October to allow more time for the U.S. antitrust review. “We …

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Teva says Allergan deal to close ‘any time’, expects U.S. antitrust clearance

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U.S. Fed awards $23.24 billion in reverse repos

May 9, 2016 by · Leave a Comment 

The Federal Reserve on Monday awarded $23.24 billion of one-day, fixed-rate reverse repurchase agreements to 17 bidders at an interest rate of 0.25 percent, the New York Fed said on its website. The reverse repurchase agreement

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U.S. Fed awards $23.24 billion in reverse repos

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Exclusive: Medivation succumbs to pressure to explore sale -sources

May 9, 2016 by · Leave a Comment 

U.S. cancer drug maker Medivation Inc has decided to explore a sale following a $9.3 billion acquisition offer from France's Sanofi SA and interest from other companies, people familiar with the matter said on Monday. Pfizer Inc and Amgen Inc are among the companies that have signed non-disclosure agreements with Medivation, which allow them to obtain confidential information about the company, the people said. Sanofi made its

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Exclusive: Medivation succumbs to pressure to explore sale -sources

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