Dublin-based drugmaker Shire said it has rejected an unsolicited $46.2 billion offer from AbbVie Inc., arguing that it fundamentally undervalues the company and its prospects.
Alstom's chief executive says the French heavy engineering firm's agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect France's national interests.
General Electric submitted a revised offer to buy the power generation business of France's Alstom that the American company hopes will be enough to win approval from the French government and see off a rival bid by Siemens.
Valeant, which is based in Canada, has teamed up with Bill Ackman's Pershing Square Capital Management to try to purchase Allergan. The two companies went public with their takeover attempt in April and have increased their offer several times.
The sound business plan, immaculate data models and clear timelines that supported the case for a merger all become theory once actual implementation begins.
Musk, chairman of the solar installer SolarCity, announced Tuesday that the company would acquire a solar panel maker and build factories "an order of magnitude" bigger than the plants that currently churn out panels.
Wal-Mart CEO Doug McMillon, who took the helm in February, vowed Wal-Mart would pick up the pace in technology in his address earlier this month at the company's annual shareholders meeting.
SanDisk is buying Fusion-io for about $1.1 billion as the flash-memory chip maker ramps up its storage business.
Engineering giants Siemens of Germany and Mitsubishi Heavy Industries of Japan on Monday jointly offered to buy parts of France's Alstom and start a long-term partnership, a move that could derail a competing bid by General Electric.
Hillshire Brands Co. is backing off of its offer to buy Pinnacle Foods Inc., a move that it needs to make in order for its $7.75 billion proposed deal with Tyson Foods to go through.
U.S. medical device manufacturer Medtronic announced Sunday night that it has agreed to buy Ireland-based competitor Covidien for $42.9 billion in cash and stock.
Valeant Pharmaceuticals aims to take its bid for Allergan to the Botox maker's shareholders after Allegan's board unanimously rejected its latest offer of about $53 billion.
Japan's Mitsubishi Heavy Industries and German rival Siemens AG say they are considering making a joint bid for parts of French engineering firm Alstom.
Google is buying Skybox Imaging in a deal that could serve as a launching pad for the Internet company to send its own fleet of satellites to take aerial pictures and provide online access to remote areas of the world.
Georgia-Pacific says it has completed the acquisition of a chip mill in Bernice from Hunt Forest Products, Inc., headquartered in Ruston, for an undisclosed price.
Allergan's board is unanimously rejecting the latest takeover bid from Valeant Pharmaceuticals, and the Botox maker says the offer isn't even worth talking about.
Merck will spend nearly $4 billion for Idenix Pharmaceuticals with a per-share bid worth more than triple the per-share price of the hepatitis C drug developer.
Semiconductor maker Analog Devices says it agreed to buy Hittite Microwave Corp. for $78 per share in cash in a deal worth about $2.4 billion.
Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $7.75 billion offer.
Maryland officials say the food processing company Protenergy Natural Foods in Cambridge is being acquired by Oakbrook, Illinois-based TreeHouse Foods for $150 million.
Henkel, the German-based maker of Persil laundry detergent and Dial soap, says it is buying French laundry products company Spotless Group in a deal valued at $1.28 billion.
Teva Pharmaceutical Industries Ltd. plans to expand its lineup of migraine treatments by purchasing Labrys Biologics in a deal that could ultimately be worth more than $800 million.
The board of Hillshire Brands has decided to hold separate talks with Pilgrim's Pride and Tyson Foods, as the two major meat processors engage in a bidding war for the maker of Jimmy Dean sausages and Ball Park hot dogs.
The chief executive of General Electric is promising to create jobs in France and trying to charm the French president into backing a $17 billion GE buyout of manufacturer Alstom's energy operations.