Walgreens substantially lowered its offering price for drugstore rival Rite Aid and, facing resistance from U.S. regulators, raised the number of stores it would be willing to unload to ease monopoly concerns. Tom Murphy of...
Verizon Communications is seeking a deal that would merge its telecommunications business with Charter Communications, according to various media reports on Thursday. Brian Fung of the Washington Post had the news: A deal between the two...
Bob Evans Restaurants, which has 523 locations across the country, agreed to sell its restaurants and focus on its food distribution business, bowing to pressure from an activist investor. Chris Woodyard of USA Today has...
Greg Roumeliotis, the editor in charge of M&A coverage at Reuters, sent out the following announcement on Tuesday: I’m pleased to announce that David French has started in the deals team in New York...
Essilor of France said on Monday that it would acquire the Luxottica Group of Italy, owner of the Ray-Ban and Oakley brands, in a $49 billion deal that would create a giant in the eyewear...
Valeant Pharmaceuticals, which has been through some major issues in the past year, is selling its cancer business Dendreon as well as three skincare products for total proceeds of more than $2 billion, raising some...
Candy giant Mars Inc., the maker of M&Ms and Skittles, is expanding by offering $7.7 billion to acquire pet hospital chain VCA Inc. Zachary Tracer and Craig Giammona of Bloomberg have the news: The acquisition turns Mars...
Struggling department store chain Sears Holding agreed to sell its tool brand Craftsman to Stanley Black & Decker in a bid to raise cash and stave off a bankruptcy court protection filing. Michael de...
Snap has reportedly made an investment in augmented reality, purchasing the Israeli-based startup Cimagine Media in a deal that’s said to be worth between $30 million to $40 million. Ken Yeung of VentureBeat had the...
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