Lyft agrees to sell autonomous-driving unit to Toyota for $550 Million
Lyft Inc. is selling its self-driving division to a unit of Toyota Motor Corp. for $550 million, a move the ride-hailing giant said will help it turn a profit sooner than previously expected.
Kansas City Southern in talks on dueling rail takeover bids
Canadian National railroad is receiving widespread support for its $33.7 billion bid to buy Kansas City Southern.
Proofpoint, Thoma Bravo ink $12.3B cyber deal
Cyber security firm Proofpoint is going private in a $12.3 billion deal.
Online bookmaker Betway parent to go public in merger with acquisition firm
Super Group, the parent company of online bookmaker Betway, said on Sunday it has agreed to go public through a merger with blank-check acquisition firm Sports Entertainment Acquisition Corp at a valuation of around $5 billion.
Stocks slide for 2nd session, Boeing and energy tumble
U.S. equity markets were lower Tuesday as investors assessed a mega-deal in the rail industry and sifted through a slew of earnings reports.
Canadian National makes $30B topping bid for Kansas City Southern
Kansas City Southern is a hot commodity as two major railways set up a bidding war.
Nvidia’s $40-billion deal for Arm faces UK national-security probe
The U.K. government is starting a national-security review of Nvidia Corp.’s $40 billion deal to buy British chip designer Arm from SoftBank Group Corp. , raising a new hurdle for an industry-reshaping proposal facing significant regulatory scrutiny around the world.
Herman Miller, Knoll $1.8B deal to create furniture leader
Office chair maker Herman Miller Inc said on Monday it would buy peer Knoll Inc for $1.8 billion in a cash-and-stock deal, a move that would help the company expand as offices around the world start bringing their employees back to work.
Australia's Crown Resorts offered $2.3 billion to buyout James Packer
Australia’s Crown Resorts Ltd said on Monday it will assess a A$3 billion ($2.32 billion) offer by U.S. private equity firm Oaktree Capital to buy James Packer’s 37% stake in the casino operator.
Toshiba CEO steps down, shares surge on bidding war expectations
Satoshi Tsunakawa, who previously led the company and until Wednesday was chairman, will once again assume the helm
Bally's buying Tropicana hotel on Las Vegas Strip for $308M
The Tropicana Las Vegas Hotel and Casino is being sold.
Wealth advisor warns inflation 'starting to rear its head'
Courtney Dominguez, Erin Gibbs, Shah Gilani on the markets, inflation
Stocks slip off record highs as Microsoft nabs Nuance in $19.7B deal
U.S. stocks pulled back as investors readied for the start of earnings season.
Vox Media to buy owner of Preet Bharara’s podcast
Vox Media said it is acquiring Cafe Studios Inc., publisher of a popular podcast hosted by former Manhattan U.S. attorney Preet Bharara, part of a bid to expand its growing audio business.
Toshiba gets takeover bid from private equity firm CVC
Toshiba Corp. said Wednesday that it has received an acquisition proposal from private equity firm CVC Capital Partners
SoftBank to take 40% stake in Norway’s AutoStore
SoftBank Group Corp. agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse-automation company AutoStore, marking another big bet by the Japanese conglomerate on robot-enabled technology.
Rival group makes fully financed, roughly $680M bid for Tribune
A Maryland hotel magnate and a Swiss billionaire have made a bid for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it already struck with hedge fund Alden Global Capital LLC.
After failed takeover, Air Transat seeks help as debt crunch looms
Struggling tour operator Air Transat is in talks with the federal government on aid but may not reach a deal by an April debt deadline, a source close to the situation said, putting pressure on Quebec to ride to the rescue of another troubled aerospace brand in the province.
WeWork agrees to $9B SPAC deal in push for stock-market listing
WeWork has agreed to sell itself in a blank-check deal that will result in the shared office space provider becoming a publicly traded company almost two years after its initial public offering debacle.
Microsoft, Discord talk $10B deal
Microsoft Corp. is in advanced talks to acquire messaging platform Discord Inc. for $10 billion or more, according to people familiar with the matter, as the software giant seeks to deepen its consumer offerings.