Mergers and Acquisitions

Markets

Rental Demand Spurs $4B Deal

Mid-America Apartment Communities Inc said it would buy Post Properties Inc for about $3.88 billion to create the largest publicly traded multifamily apartment real estate investment trust by units.

Markets

Wal-Mart In Talks to Buy Jet.com: WSJ

Wal-Mart (NYSE:WMT) is in talks to buy online discount retailer Jet.com according to the Wall Street Journal in what would mark a disappointing end for one of the most ambitious challengers to Amazon (NASDAQ:AMZN).