Mergers and Acquisitions

Pfizer to Buy Allergan in $160B Deal

Pfizer said it would buy Allergan in a record-breaking deal worth $160 billion, designed to cut the company's U.S. tax bill by moving its headquarters to Ireland.

Hulu in Talks to Sell Stake to Time Warner

Hulu is seeking to sell a stake to Time Warner Inc. as part of a deal that would value the streaming-video service at more than $5 billion and advance its efforts to compete with Netflix Inc. and Amazon.com Inc., according to people familiar with the matter.

Newell Rubbermaid, Jarden in Merger Talks

Newell Rubbermaid Inc. and Jarden Corp. are in talks to combine, according to people familiar with the matter, in a deal that would unite makers of well-known consumer brands including Sharpie markers, Graco baby strollers and Mr. Coffee machines.

Report: Avon in Talks to Sell N. American Arm to Cerberus

Avon Products Inc is in negotiations to sell its North American arm to Cerberus Capital Management LP, in a deal that would provide a needed cash boost to the cosmetics maker, people familiar with the matter said on Thursday.