Coverage: Comcast in talks to buy DreamWorks Animation for $3 billion
Comcast Corp. is weighing a potential $3 billion acquisition of DreamWorks Animation SKG in what could be an effort to boost its content library. The Wall Street Journal was the first to report the news. Ben Fritz, Dana Mattioli and Erich Schwartzel of The Wall Street Journal broke the day’s news: Comcast Corp. is in talks to buy DreamWorks […]
Coverage: FCC chairman, Justice Department sign off on Charter-Time Warner Cable deal
The Federal Communications Commission, along with the Justice Department, announced Monday that it will approve Charter Communications Inc.’s acquisition of Time Warner Cable Inc. as long as the newly formed company agrees to several strict restrictions. Shalini Ramachandran and John D. McKinnon of The Wall Street Journal had the day’s news: Federal regulators are poised […]
Reuters names two deals team leaders
Reuters deals editor in charge Greg Roumeliotis sent out the following message on Wednesday: I’m pleased to announce some organizational changes in the Americas deals team that will further expand our leading coverage. Liana Baker will be relocating from New York to San Francisco as Deals Team Leader, reporting to me. With better access to […]
Coverage: UK tabloid Daily Mail owner considers Yahoo bid
The list of companies considering a bid for Yahoo’s core business just got longer with the Daily Mail & General Trust PLC, which owns popular British tabloid the Daily Mail, in talks with private equity firms to finance its own offer. The Daily Mail joins a list of about 40 other companies considering such an […]
WSJ seeks European deals reporter in London
We have an exceptional opportunity for a fierce newshound to take on a brand-name beat: European M&A. Deals coverage is at the heart of financial journalism and at the heart of The Wall Street Journal. The European deals reporter will be our chief chronicler of mergers and acquisitions, IPOs, takeover battles and activism in Europe. […]
Coverage: Apollo to buy Fresh Market for $1.4B
Private equity firm Apollo Global Management is acquiring grocery chain Fresh Market in a deal worth $1.36 billion, causing the Greensboro, North Carolina-based company’s shares to rise 23 percent in Monday trading. Liz Moyer of the New York Times points out that Fresh Market’s founders aren’t selling their shares but will put their investment into […]
Coverage: Starwood receives unsolicited offer from Chinese company
Starwood Hotel & Resorts has received a $12.8 billion offer from a Chinese insurance company, higher than the $12.2 billion offer it has on the table from Marriott. Chad Bray of the New York Times has the day’s news: The competing offer, which was made on Thursday, came after Marriott Internationalagreed in November to acquire Starwood […]
Coverage: Syngenta agrees to $43 billion takeover bid from ChemChina
After many months of planning, it appears China National Chemical Corp.’s efforts paid off after Swiss chemical and seed maker Sygenta’s board of directors unanimously approved a $43 billion takeover offer from the state-owned Chinese corporation. Chad Bray and Amie Tsang of The New York Times had the takeover news: Six months ago, Syngenta said no to […]
Coverage: Johnson Controls, Tyco to merge
Johnson Controls confirmed its merger with Tyco International in a $3.9 billion deal that will see the Milwaukee-based company move its headquarters to Ireland. Phil Serafino of Bloomberg had the day’s news: Johnson Controls Inc. agreed to merge with Tyco International Plc, combining the companies’ building-control businesses. The deal would move Johnson Controls to Ireland, […]
How M&A stories can impact M&A negotiations
Stories about merger and acquisition negotiations broken by the business media can kill the deal, according to a senior partner at Brunswick Group, which is hired by companies involved in deals to handle its PR. “When I think of leaks I think of stories that break on Bloomberg or one of your competitors,” said Steve […]
