News

Banking & Capital Markets

KKR is Acquiring the Publisher of Business Insider and Bild for $7.7B

Bid is up 40% from late May when talks between the companies were first reported.
Human Capital & Careers

More U.S. Companies to Allow Remote Working

More than half of U.S. companies said they offer remote working to increase employee retention, according to a new global workplace survey.
Legal

Ten States Sue to Block T-Mobile, Sprint Merger

If the states obtain an injunction before the deal is consummated, "that would bring things to a halt."
Banking & Capital Markets

Hudson’s Bay Investors Propose Go-Private Deal

"Improving HBC's performance will require significant time and patient long-term capital that is better suited in a private company context."
Payments

Visa Rolls Out Cross-Border B2B Network

The move is part of Visa’s effort to push into the high-value cross-border transaction market.
M&A

Apollo Global to Buy Shutterfly for $2.7B

The private equity firm is also buying Snapfish, and plans to merge the companies to create a bigger player in online-photo services.
Risk & Compliance

Canon, Toshiba Fined Over Antitrust Violations

The companies allegedly structured a deal so it would not be delayed by U.S. pre-merger notification laws.
Analytics

Salesforce to Buy Tableau in $15B Analytics Move

The acquisition combines Tableau's tools for understanding data with Salesforce's solutions for understanding customers.
Banking & Capital Markets

Raytheon, United Technologies Agree to Merger

The combined company would be the second-largest aerospace and defense company in the Unites States.
Fraud

Insys to Pay $225M to Settle Painkiller Probes

The maker of the fentanyl spray Subsys "is being held responsible for its role in fueling the opioid epidemic," a prosecutor says.
Auditing

Ex-EY Partner Sanctioned Over Inadequate Audit

The PCAOB says William Trainor improperly concluded he did not have to issue an adverse ICFR opinion for Forest Oil.
M&A

Elliott to Buy Barnes & Noble

After years of decline, the bookseller was sold for $476 million.
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