Mergers and Acquisitions

Kindred Healthcare to be bought by Humana, PE firms in $4.1B deal

U.S. health insurer Humana Inc and two private equity firms agreed to buy home healthcare and long-term care operator Kindred Healthcare Inc on Tuesday for about $782 million, the latest expansion by an American health insurer into patient care.

Jack in the Box to sell Qdoba

Jack in the Box Inc. (NASDAQ:JACK) today announced that it has entered into a definitive agreement to sell Qdoba Restaurant Corporation to certain funds managed by affiliates of Apollo Global Management, LLC  (NYSE:APO) for approximately $305 million in cash, subject to customary closing conditions and adjustments.

Nestle sells off tea brands in North America

Nestle has sold its sold two of its tea brands in North America as the world's biggest food maker presses ahead with reshaping its business to focus on new consumer trends and healthcare.

AT&T-Time Warner: DOJ plans to call media rivals to testify against $85B deal

The Justice Department is turning to some of the nation's biggest media and telecom companies to aid in its effort to block AT&T's proposed takeover of Time Warner, asking lawyers and officials from these outfits whether the companies' executives would consider becoming government witnesses when the case goes to trial, the FOX Business Network has learned.