merger

Count BNSF (NYSE: BRK-B) as one of those watching how efforts by Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) to acquire Kansas City Southern (NYSE: KSU) play out. Executives with BNSF parent company Berkshire Hathaway noted on Saturday during the company's annual shareholder meeting that BNSF...

Canadian Pacific (NYSE: CP) isn't planning on taking part in a bidding war with rival Canadian railway CN (NYSE: CNI) to acquire Kansas City Southern (NYSE: KSU), CP's CEO said Wednesday. "We're not considering changing anything with our bid. We're focused on getting our deal, which represents...

Merger activity decreased last week with five new deals announced and four deals completed. Two of the five deals announced were successful “deals in the works”. Founded in 1973 in Dallas, Texas, The Michaels Companies is one of America’s largest arts and crafts retailer. I had...

Investors appear to be under the impression T-Mobile Us Inc (NASDAQ: TMUS)'s proposed acquisition of Sprint Corp (NYSE: S) will fail, as Sprint's stock is trading at a notable discount, The Wall Street Journal reported Wednesday.  Sprint Shares Trade At Discount To Deal Terms...

Private equity firm Olympus Partners announced that it has acquired liquid and dry bulk carrier Superior Bulk Logistics (SBL) with the intention of combining that company with one of its other portfolio companies, bulk liquid carrier Heniff Transportation Systems. Terms of the transaction were not...

Within hours of a potential deal, the board of Fiat Chrysler Automobiles (NYSE: FCAU) yanked its proposed merger with Groupe Renault (OTC: RNLSY) in what would have created a $35 billion automobile powerhouse. The board laid the blame squarely on politics in Renault's native France, which controls...

With a potential sale looming, shares of E-Trade Financial Corp. (NASDAQ: ETFC) are attractive, according to Jefferies.  The Analyst Jefferies analyst Daniel Fannon upgraded E-Trade Financial from Hold to Buy and maintained a $65 price target. The Thesis The upgrade demonstrates the...

With a merger of CVS Health Corp. (NYSE: CVS) and Aetna Inc. (NYSE: AET) pending regulatory approval, Cantor Fitzgerald downgraded the health insurer on valuation.   The Analyst Cantor Fitzgerald analyst Steven Halper downgraded Aetna from Overweight to Neutral with a price...

A federal judge's approval Tuesday of AT&T Inc. (NYSE: T)'s proposed acquisition Time Warner Inc (NYSE: TWX) should be viewed as "a huge positive" for not only media companies but the overall market, according to CNBC's Jim Cramer. What Happened One of the...

Marathon Petroleum Corp. (NYSE: MPC) and Andeavor (NYSE: ANDV) announced a merger agreement Monday.  What Happened Marathon Petroleum will acquire all outstanding Andeavor shares in a deal worth $23.3 billion, the companies said. The offer represents a 24.4-percent premium to...

The Justice Department is taking action to block AT&T Inc. (NYSE: T)'s proposed merger with Time Warner Inc (NYSE: TWX). What You Need To Know The Justice Department is suing to block the $85 billion mega-merger, as it said the combined entity would result in "fewer innovative...

Twitter (NYSE: TWTR) is rumored to be considering the acquisition of SoundCloud, according to the web site Re/code. SoundCloud is a music streaming site with 250 million users, the same amount as Twitter. SoundCloud is worth at least $700 million, based on a $60 million round of funding the...

Pfizer (NYSE: PFE) continues to pursue AstraZeneca plc (NYSE: AZN) despite three rejections this year and grave concern by U.K. politicians. History Of Bids On May 1, 2014, Bloomberg reported that Pfizer could raise its bid for AstraZeneca to more than $106 billion (63 billion pounds) and...