Post to Buy Michael Foods for $2.45B
Post Holdings agreed to buy eggs and dairy producer Michael Foods for $2.45 billion, as the cereal maker looks to expand its breakfast portfolio.
Johnson Controls to Pay $1.6B for Air Distribution Technologies
Johnson Controls agreed to a $1.6 billion deal to buy Air Distribution Technologies, adding to the diversified manufacturer’s ventilation business.
SodaStream Pops 11% on Minority Stake Sale Buzz
Shares of SodaStream climbed 11% on a report it's huddling with large soft-drink producers over a minority stake sale.
Mars Scoops Up Swath of P&G Pet Food for $2.9B
Mars agreed to buy a significant portion of Procter and Gamble’s pet-food business for $2.9 billion in cash.
Chicago Cubs IPO? Ricketts Family May Sell Stake to Fund Wrigley Makeover
Hoping to raise cash to renovate 100-year-old Wrigley Field, the Ricketts family is debating selling shares of the Chicago Cubs to minority shareholders.
J-Lo-Backed NuvoTV Buys Fuse Network, Beating Out Sean 'Diddy' Combs
Jennifer Lopez-backed NUVOtv inked a $226 million deal on Friday to acquire Madison Square Garden’s Fuse cable-TV network, beating out hip-hop mogul Sean 'Diddy' Combs.
Report: Yahoo Eyes $300M Buyout of Video Service News Distribution Network
In a bid to narrow the gap with YouTube, Yahoo is reportedly in preliminary talks to acquire online-video service News Distribution Network for roughly $300 million.
Apache to Shed Canadian Assets for $374M
Apache agreed to sell oil and natural gas assets in western Canada for $374 million, as the energy producer continues to shed pieces of its portfolio.
Palo Alto Networks Scoops up Israeli Cyber Security Firm for $200M
Palo Alto Networks said it agreed to buy privately-held Israeli cyber security company Cyvera for about $200 million to expand its offerings that protect businesses from cyber attacks.
MSCI to Sell Proxy Adviser ISS for $364M
MSCI agreed to sell proxy adviser ISS to private equity firm Vestar Capital Partners for $364 million, as the index provider shifts its focus to risk management and other investment services.
Hertz to Exit Equipment Rental Business in $2.5B Spinoff
Hertz Global announced plans to spin off its equipment rental business in a $2.5 billion transaction that paves the way to pay down debt and ramp up share buybacks.
Chesapeake Energy Files For Oilfield Services Spin Off
Chesapeake Energy said it filed with U.S. financial regulators for a possible spin off of its oilfield services business.
Thales To Buy JetBlue's LiveTV Unit For $400 Million
France's Thales agreed to buy U.S. carrier JetBlue Airways' LiveTV unit for $400 million in cash.
Energy XXI to Buy EPL Oil & Gas for $1.53B
Energy XXI reached a deal to acquire EPL Oil & Gas for $1.53 billion, forming the largest publicly traded oil-and-gas producer concentrated in the Gulf of Mexico.
Sprint Chairman to T-Mobile: Let's Make a Deal
In a television interview on Monday night, Sprint chairman Masayoshi Son said he wants to buy smaller wireless carrier T-Mobile and plans to press forward despite likely opposition from regulators.
Men’s Wearhouse to Pay $1.8B for Jos. A. Bank, Ending Buyout Battle
Men’s Wearhouse agreed to buy smaller rival Jos. A. Bank for $1.8 billion, ending a months-long takeover battle between the suit sellers.
Report: Chobani Looks to Sell Minority Stake
The Greek yogurt maker is reportedly looking to sell a minority stake in a deal that could value the company at around $2.5 billion.
Report: Sean 'Diddy' Combs Bids $200M for Fuse TV Network
Hip-hop mogul Sean 'Diddy' Combs has reportedly offered to acquire cable-TV network Fuse from Madison Square Garden for about $200 million.
Ebay to Shareholders: Vote Against Icahn Nominees
EBay urged its shareholders to vote against the two directors whom activist investor Carl Icahn nominated to its board. Meanwhile, Icahn says he has gathered evidence against Donahoe.
Report: Cerberus Seeks $9B Deal for Safeway as Kroger Weighs Bid
Cerberus is reportedly looking to wrap up a $9 billion deal for Safeway this week, while rival grocery chain Kroger considers a possible bid.