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.
Conagra, Pinnacle to Create Frozen Food No. 2
Conagra's $8.1 billion acquisition of Pinnacle furthers its push into a sector that has been a "rare bright spot" for the packaged foods industry.
Smurfit Spurns International Paper’s New Offer
The Irish packaging firm says the revised proposal "does not make strategic sense" and would expose shareholders to "significantly greater leverage."
Spectrum Brands Merges With Top Shareholder
Spectrum's deal with HRG Group will “result in an independent company with meaningfully increased trading liquidity in our common stock."
Activists Derail $20B Clariant, Huntsman Deal
The demise of the merger is a "high water mark for U.S. activist investors, which have increasingly turned their attention to European companies."
Bayer Names Outsider Wolfgang Nickl as CFO
The German company is turning to an executive with U.S. corporate experience as it moves forward with its acquisition of Monsanto.
Michael Kors Buys Luxury Shoemaker Jimmy Choo
The $1.35 billion deal moves Kors into the high end of the luxury market as it seeks growth amid tepid profits in the U.S.