Mergers and Acquisitions

U.S. stock markets suffered their steepest single-day declines of the year on Monday as the recent rise in COVID-19 infections stoked fears of an economic slowdown.

Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities and Exchange Commission wasn’t convinced the deal met the rules for such vehicles.

Sumitomo Mitsui Financial Group Inc, Japan's second-largest lender by assets, plans to buy 5% of Jefferies Financial Group Inc shares for around 42 billion yen ($380.19 million), the Nikkei reported on Wednesday.

Elon Musk didn't mince words during his testimony defending Tesla's purchase of Solar City.

U.S. stock markets closed modestly lower Tuesday as investors weighed the hottest inflation reading in over a decade against strong earnings from Wall Street banks.

Broadcom Chief Executive Hock Tan has been focused on diversifying beyond the company’s core chip business and pushing into the lucrative software arena.

Dyal Capital is nearing a deal to make an investment in the Sacramento Kings National Basketball Association team, according to people familiar with the matter, as the firm works to assemble a portfolio of stakes across the league.

U.S. stock markets surged to record highs Friday as investors looked past promises from the Biden administration to crack down on what it deems as anti-competitive practices by banks, Big Tech and other industries.

Stamps.com is being taken private by in a $6.6 billion transaction, the company said on Friday.

Fox Business has learned that ViacomCBS CEO Bob Bakish once again won’t be attending the investment bank’s annual “summer camp for billionaires” in Sun Valley where the rich and famous in the world of the media and finance think big thoughts and at times lay the groundwork for potential deal making.

Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.

U.S. equity markets battled higher Thursday and oil hit its highest level in almost three years as the second half of the year got underway.

Efforts to defend Duke Energy from a proxy campaign led by billionaire Paul Singer have recently taken two quiet steps backwards.

Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC.