| Jul 19, 2014
AbbVie Inc. signed a nearly $55 billion deal to acquire drugmaker Shire PLC early Friday, a move that will allow it to substantially cut its corporate tax bill by moving its legal address to the United Kingdom.
The deal, announced by both companies in a...
| Jul 28, 2014
| 4:29 PM
Zillow Inc. announced plans Monday to acquire Trulia Inc. in a $3.5 billion stock deal that will combine two behemoths in the online home purchase and rental search business.
The companies said they will continue to operate as separate sites and...
| Jul 7, 2014
| 11:18 AM
Agribusiness giant Archer Daniels Midland, which will soon be based in Chicago, said Monday it will buy Swiss-German natural ingredient company Wild Flavors for $3 billion, a move aimed at diversifying the company and helping brands appeal to consumers...
| Jul 13, 2014
| 10:05 PM
Los Angeles construction giant Aecom Technology Corp. — which has worked on downtown L.A. high-rises, World Cup stadiums and New York's new World Trade Center — will buy its San Francisco rival, URS Corp., in a $6-billion deal.
| Jul 8, 2014
| 4:18 PM
A Texas-based hospital chain that is buying four Connecticut hospitals said in a surprise announcement Tuesday it will add a fifth to its roster: Saint Mary's in Waterbury.
Connecticut's legislature this year passed a bill allowing for-profit hospitals...
| Jul 18, 2014
While its peers in the northern suburbs and around the pharmaceutical industry have been lining up foreign mergers to help sidestep U.S. taxes, Baxter International said Thursday it has no plans to jump on the bandwagon.
The Deerfield-based health...
| Jul 10, 2014
| 4:30 PM
The FCC issued a formal public notice on Thursday seeking comment on Comcast's proposed merger with Time Warner Cable, signaling about six months until it reaches a decision on whether to green light the transaction.
Comments in favor or against the...
| Jul 8, 2014
| 1:49 PM
Apple's done it. Herbalife has done it. Pfizer wanted to do it. What could be wrong with a corporate maneuver eyed by these fine, upstanding American corporations--and nearly 50 others in the last decade?
The subject is "inversions," the catch-all...
| Jul 9, 2014
| 6:30 PM
If Google or 21st Century Fox is interested in buying Time Warner, it's news to Jeff Bewkes.
"I know nothing about it," the media conglomerate's chairman and CEO told Variety at the Allen & Co. media conference in Sun Valley, Idaho, on Wednesday when...
| Jun 10, 2014
| 12:07 PM
The cable company is one entity everyone likes to hate. Perhaps this knee-jerk animosity is to blame for the rush to condemn Comcast's proposed $44 billion merger with Time Warner Cable. Critics complain that combining the nation's two largest cable...
| Jul 10, 2014
| 10:26 AM
Days after shuttering all its stores due to financial struggles, Crumbs Bake Shop Inc. could be making a comeback.
An investor group that includes the Fischer Family and Marcus Lemonis, who heads Camping World and Good Sam Enterprises and stars on...