Ally Financial’s Takeover of CardWorks Called Off
The companies agreed to terminate the $2.7 billion deal, citing the "unprecedented" impact of the COVID-19 pandemic.
Sprint Loses More Postpaid Phone Customers
"The company's long-gestating merger with T-Mobile continued to hang over every aspect" of Sprint's Q3 results.
Sprint Loss Widens Amid Drop in Phone Subscribers
The company's second-quarter results "underline how badly Sprint needs a merger with T-Mobile.”
Not All CFOs Can Handle M&A
Numerous CFOs are excellent in their normal roles but may not have the necessary expertise to see a deal through to completion.
CBS, Viacom to Reunite After 13 Years Apart
The reunification of Sumner Redstone's media empire will create "a world-class, multiplatform media organization," his daughter says.
Piper Jaffray to Buy Sandler Boutique for $485M
The merger of the two investment banks puts them on "a stronger footing to compete for midmarket merger and acquisition assignments."
Barrick Gold Proposes Merger With Newmont
The company said a deal would unlock synergies worth $7 billion.
BB&T to Buy SunTrust to Create No. 6 U.S. Bank
The $28 billion deal will provide “the scale needed to compete and win in the rapidly evolving world of financial services," BB&T says.
Big-Data Rivals Cloudera, Hortonworks to Merge
The merger of equals would combine Hadoop software developers with complementary strengths in data storage, advanced analytics, and data management.
Staples Prevails in Bidding War for Essendant
The office supply company outbids Genuine Parts with a $487 million offer as it seeks to push further into business-to-business services.
Albertsons-Rite Aid Merger Called Off
Rite Aid shares fall amid questions about the pharmacy company's ability to compete with larger, well-capitalized rivals.