DuPont Posts 12% 2Q Profit Drop, Seeks Asset Sale
The No. 1 U.S. chemical maker suffered profit and revenue drops and revealed plans to possibly sell its performance-chemicals arm.
Huawei Exec: ‘Open-Minded’ on Acquiring Nokia
Nokia shares rallied on a report that Chinese smartphone and networking vendor Huawei would be interested in acquiring the firm.
IHS to Buy Carfax Owner R.L. Polk in $1.4B Deal
Business-information provider IHS plans to acquire the owner of the used-car shopping tool Carfax for $1.4 billion.
Report: Facebook Nears Buyout of Mobile Start-Up Waze for up to $1B
The leading social network is reportedly in talks to acquire an Israeli start-up for up to $1 billion.
Elliott Suggests Merger of Hess and Shareholder Nominees
The activist shareholder suggested the two sides combine their slates of five nominees to create a reconstituted board.
Best Buy Exits Europe with Carphone Sale
The retailer sold its 50% stake in its European business as it continues to look for ways to streamline costs.
SINA's Weibo.com Secures $586M Online Payments Deal With Alibaba
Shares of SINA Corp. climbed after the Shanghai-based online media company inked a $586 million deal with China’s largest e-commerce platform Alibaba that could enable its merchants to connect with Weibo.com's 400 million users.
Berkshire Hathaway to Buy Phillips 66 Unit for $1.4B
Warren Buffett's Berkshire Hathaway agreed to a $1.4 billion deal to acquire Phillips Specialty Products, a Phillips 66 unit that specializes in maximizing the flow potential of pipelines.
Cooper Tire Terminates Apollo Deal
Cooper Tire & Rubber ended its $2.2 billion merger agreement with Apollo Tires, officially putting the brakes on a deal that has unraveled in recent months.
Cracker Barrel Rejects Biglari's Latest Bid
Cracker Barrel Old Country Store once again denied a potential takeover bid by top shareholder Sardar Biglari on Monday, standing by its existing business strategy.
Regency Energy to Pay $1.3B for Eagle Rock’s Midstream Assets
Regency Energy Partners is buying Eagle Rock Energy Partners’ midstream business for $1.3 billion, as the Dallas-based MLP adds to its footprint in Texas.
Report: Cessna Owner Textron Flies Away With Beechcraft for $1.4B
Textron, which makes Cessna planes, has reportedly agreed to acquire luxury plane maker Beechcraft for almost $1.4 billion.
Report: Fiat Restarts Chrysler Talks
Fiat is reportedly back to the negotiating table with a UAW trust in an effort to acquire the remaining stake in Chrysler.
AstraZeneca to Buy Bristol’s Stake in Diabetes Joint Venture
AstraZeneca agreed to buy Bristol-Myers Squibb’s (NYSE:BMY) stake in their diabetes joint venture for up to $4.1 billion.
AstraZeneca to Buy Bristol’s Stake in Diabetes Joint Venture
AstraZeneca agreed to buy Bristol-Myers Squibb’s (NYSE:BMY) stake in their diabetes joint venture for up to $4.1 billion.
Reports: Charter Readying Offer for Time Warner Cable
Charter, the fourth-largest U.S. cable provider, is said to be preparing a bid of less than $140 a share for larger rival Time Warner Cable.
Reports: Discovery Cooks Up a Deal for Food Network Owner Scripps
A potential takeover of Food Network owner Scripps Networks by Discovery Communications could kick off a flurry of deals in the cable world.
Dow Chemical Weighs Options for Commodity Chemicals
Dow Chemical is weighing strategic options for its commodity chemicals businesses, as the company forges ahead with plans to shed $3 billion to $4 billion worth of assets.
Source: Amec, Foster Wheeler Not in 'Active' Buyout Talks
British engineering firm Amec is reportedly considering an $8 billion takeover of Swiss-based Foster Wheeler.
CVS Inks $2.1B Buyout of Specialty Infusion Business Coram
The $2.1 billion acquisition of Apria's Coram is aimed at bolstering CVS Caremark's specialty pharmacy business.