Report: BlackBerry Draws Buyout Interest From Cerberus, Another Party
Private-equity firm Cerberus is reportedly among one of at least two distressed investors that has expressed interest in BlackBerry.
Report: BlackBerry Buyout Timing Fueled by Deteriorating Business
The loosely-structured deal was triggered by the smartphone maker's deteriorating business and plunging stock price.
BlackBerry's Dire Profit Warning Spooks Analysts
Analysts are alarmed about the scale of BlackBerry's projected losses and its dwindling cash position.
Report: Canada's 'Warren Buffett' Nears Rescue Deal for BlackBerry
Oracle of Ottawa? Canada’s 'Warren Buffett' has reportedly emerged as the front-runner to acquire the country’s beaten-down smartphone maker BlackBerry.
North of the Border M&A: Loblaw to Absorb Shoppers Drug Mart for $11.9B
Loblaw, Canada's largest food retailer, unveiled plans to buy Shoppers Drug Mart for about $11.9 billion amid increasing competition.
Safeway Soars 10% After Scoring Huge $5.7B Deal to Sell Canadian Business
The grocery-store operator landed a huge deal to sell off its Canadian operations in a lucrative deal.
Report: Blackstone, Glencore Xstrata Eye Rio Tinto's Canadian Iron Ore Assets
Blackstone and Glencore Xstrata are reportedly considering acquiring Rio Tinto's Canadian iron-ore business.
The Comcast-TWC Merger Has Crumbled--What’s Next?
Comcast and Time Warner Cable scrapped their proposed merger Friday, balking at a fight with regulators over the $45.2 billion deal. So what's next?
AT&T Shuts Down Vodafone Buyout Buzz...For Now
AT&T ruled out attempting to acquire the U.K.'s Vodafone for the time being, despite ample speculation of a possible tie-up.
Time Warner Cable Tops Industry's 2014 Wish List
Analysts at Macquarie Capital said Time Warner Cable remains the most attractive takeover target in the cable industry, and Charter appears to have control of the remote heading into 2014.
Fiat Says CEO Marchionne Misquoted in Bernstein Report
The Italian automaker said a report by Bernstein Research mischaracterized a presentation by Sergio Marchionne, denying the CEO advised investors to avoid Chrysler's IPO.
Analyst: Charter, Time Warner Cable Merger Looks Probable
Charter could look to acquire privately held Cox Communications or another target before making a play for Time Warner Cable (NYSE:TWC), analysts at Macquarie Capital said Wednesday.
S&P Axes Nokia's Credit Rating By a Notch to 'B+'
Standard & Poor’s Ratings cut its credit rating on Nokia to “B+” from “BB-” on Monday but maintained its “stable” outlook.
CVS buys Omnicare for about $12.7B in bid to get prescriptions to senior-care facilities
CVS will buy the pharmacy benefits provider Omnicare in a deal valued at about $12.7 billion, putting it in a better position to get its prescriptions to the growing U.S. population living in senior-care facilities.
Insurer UnitedHealth to spend $12.76B on pharmacy benefits manager Catamaran
The nation's largest health insurer, UnitedHealth, is staking a bigger claim in pharmacy benefits management with a plan to buy Catamaran Corp. for more than $12 billion in cash.
4 retailers that are wishing for some serious holiday cheer _ and why that might be tough
The holiday shopping season is always a make-or-break period for struggling retailers.
Paulson Said to Be Mysterious Steinway Bidder
Hedge-fund titan John Paulson is reportedly the mysterious bidder that topped a bid for the famed piano maker from Kohlberg, which has officially backed out of the bidding war.
AP source: Bank of America agrees to pay between $16B and $17B in Justice Department deal
A person familiar with the matter says Bank of America has agreed to pay between $16 billion and $17 billion to settle an investigation into its sale of mortgage-backed securities before the financial crisis.
Fiat Ups Chrysler Stake, But Dispute Over Price Continues
Fiat exercised a third option to increase its stake in Chrysler, while the Italian car maker continues to spar with VEBA over the valuation of shares.
Culture Clash Ahead? $2B Banking Deal Faces Integration Hurdles
The tie-up between West Coast lenders Umpqua and Sterling highlights the risk of mergers that involve companies with strong corporate cultures.