Mergers and Acquisitions

The Hartford rejects Chubb's $23B buyout bid

After consultation with the insurance company's financial and legal advisors, The Hartford said in a statement that its board of directors determined that entering into discussions regarding a strategic transaction would "not be in the best interests of the company and its shareholders."

WeWork discloses $3.2B loss in 2020 as it seeks SPAC deal

WeWork lost $3.2 billion last year, according to documents shown to prospective investors by the office-sharing startup as apart of a pitch for $1 billion in investment and a stock market listing, the Financial Times reported on Monday.

Railroads strike $25B merger

Canadian Pacific Railway Ltd. agreed to acquire Kansas City Southern in a transaction valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada.

Jet leasing shake-up looms as AerCap and GE unit discuss merger

Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co’s GECAS, discuss a deal to forge an industry titan with more than 2,000 jets, people familiar with the matter said on Monday.

Redfin to buy RentPath for $608M in all cash deal

Real-estate brokerage Redfin Corp. has agreed to buy apartment search site operator RentPath Holdings Inc. out of bankruptcy for $608 million, in a deal that would combine operators of leading U.S. property listing websites for purchasing and renting a home.