“Delek desperately needs new strategic direction,” according to the CEO of competitor CVR Energy.
Xerox Holdings on Monday announced a sweetened tender offer for HP at about $24 a share, or $34 billion.
The move comes after HP rejected Xerox’s latest takeover offer.
The acquisition combines about 60 casinos and resorts in 16 states under a single name.
Oscar Health announces the hiring of Sid Sankaran two months after AIG replaced him in the CFO role.
The company's new offer to buy back its Class V shares still falls short of activist investor Carl Icahn's valuation of its VMware subsidiary.
The activist investor says Dell has refused to disclose "much basic information" about its plan to go public by buying back the VMware tracking stock.
The investor urges Cigna shareholders to reject the acquisition of Express Scripts, calling it potentially “one of the worst blunders in corporate history."
Jeff Jacobson is resigning to settle a legal battle between Xerox and hedge-fund billionaire Carl Icahn over its proposed merger with Fujifilm.
The billionaire investor and another Xerox shareholder believe the copier pioneer can have “a better, brighter future as a standalone company.”
The deal is the latest shakeup in the auto parts business, with Tenneco planning to split into two companies after it is completed.
The Delaware Supreme Court says a trial judge erred in finding the $24 billion buyout of Dell did not represent "fair" market value.
