Mergers and Acquisitions

Verizon to Buy Fleetmatics for About $2.4B

Verizon Communications said Monday that it agreed to acquire mobile workforce-solutions company Fleetmatics Group in a cash deal valued at roughly $2.4 billion, widening Verizon's fleet operations as it looks to diversify.

Didi to Buy Uber's China Business in $35B Deal

Ride-hailing firm Didi Chuxing said on Monday it will buy Uber's China operations, in a deal that will give Uber a stake in the company and end bruising competition between the two.