Coverage: Perry Ellis goes private in deal with founder

Clothing designer-retailer Perry Ellis International Inc.  agreed to be taken private by its founder, George Feldenkreis, in a $437 million deal after Feldenkreis spent months pushing for the company to be sold. Zachary Tracer of Bloomberg News had the story: Investors will get $27.50 a share in cash, the Miami-based company said Saturday in a statement. That’s the […]

Coverage: Comcast offers $65 billion for most of 21st Century Fox

Comcast announced an offer worth $65 billion for the bulk of 21st Century Fox’s businesses on Wednesday, setting up a showdown with the Walt Disney Company for Rupert Murdoch’s media empire. Edmund Lee and Brooks Barnes of The New York Times had the news: The all-cash bid by Comcast, the largest cable company and broadband provider in the […]

Journalist Hiralal leaves The Deal for Leadership Connect

Longtime business journalist Baz Hiralal has left The Deal for a job at Leadership Connect. Hiralal had been there since January 2004, writing and editing for the website. He is best known for writing the daily Movers & Shakers column, which focused on executive hires, departures and promotions in the financial services and legal communities. The column […]

Coverage: Judge approves AT&T purchase of Time Warner

A federal judge handed AT&T a sweeping victory on Tuesday and approved its $85 billion acquisition of Time Warner, a deal that promises to reshape the media industry. Hadas Gold and Brian Stelter of CNNMoney.com had the news: After a six-week trial, Judge Richard Leon ruled that the government had failed to prove that the deal violates antitrust […]

Coverage: Stryker approaches Boston Scientific about deal

Medical device maker Stryker Corp. has made a takeover approach to rival Boston Scientific Corp., a combination that would give Stryker a strong position in stroke-preventing heart products. Bill Berkrot of Reuters had the news: A deal would create a combined company with a market value of more than $110 billion and a wide breadth of […]

Coverage: Comcast plans to outbid Disney for Fox

Comcast Corp. confirmed that it is in the advanced stages of preparing an all-cash offer for 21st Century Fox intended to trump Walt Disney Co.’s $52.4-billion stock bid. Meg James and Stephen Battaglio of the Los Angeles Times had the news: The stakes are enormous: The power play could determine which media company — Disney or Comcast — will […]

Bloomberg seeks reporter to cover health care M&A

Bloomberg News is seeking an experienced reporter for the Deals team in New York, with a focus on U.S. health care M&A. We’re looking for a dedicated news breaker with an existing source network, and a team player who can work with colleagues across the newsroom to generate scoops on some of the biggest, most […]

Coverage: CBS sues Shari Redstone to block Viacom merger

CBS Corp. has filed suit and sought a temporary restraining order against Shari Redstone and her company, National Amusements, in an attempt to thwart a forced merger with Viacom. Mike Snider of USA Today had the news: The suit, filed in Delaware Chancery Court, alleges Redstone, her family and the company have breached their “fiduciary duties by […]

Coverage: Xerox drops deal with Fujifilm

Xerox Corp. said on Sunday it was ending a planned $6.1 billion deal with Fujifilm Holdings Corp. and had reached a settlement with activist investors Carl Icahn and Darwin Deason. Alwyn Scott of Reuters had the news: The company said Chief Executive Officer Jeff Jacobson had resigned and that John Visentin was expected to be the new […]

Coverage: T-Mobile and Sprint agree to $26 billion deal

T-Mobile US Inc. and Sprint Corp. on Sunday agreed to a $26 billion all-stock deal and argued they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating the next generation mobile network. Greg Roumeliotis, Sheila Dang and Liana B. Baker of Reuters had the news: The agreement capped […]