Mergers and Acquisitions

AT&T Inc. is in advanced talks to acquire Time Warner Inc., according to people familiar with the matter, a deal that would create a new hallmark in the rapidly converging realms of media, communications and the internet.

British American Tobacco has offered to buy Reynolds American of the U.S. in a $47 billion deal that would create the world's biggest listed tobacco company.

British American Tobacco has offered to buy Reynolds American of the U.S. in a $47 billion deal that would create the world's biggest listed tobacco company.

The Latest on a deadline missed by the operator of LSU's hospitals in Shreveport and Monroe (all times local): 4 p.m.

The Latest on a deadline missed by the operator of LSU's hospitals in Shreveport and Monroe (all times local): 4 p.m.

Senior executives of telecommunications company AT&T Inc and media conglomerate Time Warner Inc have discussed various business strategies including a possible merger in recent weeks, Bloomberg reported on Thursday, citing people it said were familiar with the matter.

Senior executives of telecommunications company AT&T Inc and media conglomerate Time Warner Inc have discussed various business strategies including a possible merger in recent weeks, Bloomberg reported on Thursday, citing people it said were familiar with the matter.

Walgreens Boots Alliance Inc. and Rite Aid Corp. said Thursday they had extended the deadline to complete their merger as the companies work to obtain regulatory approval.

Walgreens Boots Alliance Inc. and Rite Aid Corp. said Thursday they had extended the deadline to complete their merger as the companies work to obtain regulatory approval.

Dick's Sporting Goods is preparing a bid for the U.S. business of bankrupt Golfsmith International Holdings.

Dick's Sporting Goods is preparing a bid for the U.S. business of bankrupt Golfsmith International Holdings.

Salesforce.com Inc's Chief Executive Marc Benioff has ruled out bidding for Twitter Inc , adding that it was not the "right fit", the Financial Times reported on Friday.

Salesforce.com Inc's Chief Executive Marc Benioff has ruled out bidding for Twitter Inc , adding that it was not the "right fit", the Financial Times reported on Friday.

Verizon's top lawyer says it now has reason to believe Yahoo's recently disclosed data breach has a "material" impact on Verizon's pending $4.8 billion acquisition of Yahoo.

Verizon's top lawyer says it now has reason to believe Yahoo's recently disclosed data breach has a "material" impact on Verizon's pending $4.8 billion acquisition of Yahoo.

Shareholders will vote Nov. 17 on the proposed merger between electric car maker Tesla Motors and solar panel company SolarCity.

Shareholders will vote Nov. 17 on the proposed merger between electric car maker Tesla Motors and solar panel company SolarCity.

Tool company Stanley Black & Decker Inc. is buying Newell Brands' tools division for $1.95 billion in cash.

Tool company Stanley Black & Decker Inc. is buying Newell Brands' tools division for $1.95 billion in cash.

Power tool maker Stanley Black & Decker Inc said it would buy Newell Brands Inc's tool business for $1.95 billion, adding brands such as Irwin and Lenox to its lineup. Newell, which owns more than 160 brands including Sharpie markers and Rubbermaid food containers, said last week it would divest about 10 percent of its business portfolio to streamline operations following its acquisition of Jarden Corp earlier this year. Hoboken, New Jersey-based Newell's tool business had sales of about $760 million in the last 12 months, the companies said on Wednesday. The deal will bolster Connecticut-based Stanley Black & Deckers' tools and storage business, its biggest. The business includes corded and cordless electric power tools sold under the Black+Decker brand. Stanley Black & Decker said it expected the deal to result in savings of $80 million-$90 million by the third year after close The company expects the deal to close in the first half of 2017. The deal would add about 15 cents per share to Stanley Black & Decker's earnings in the first year after closing, and 50 cents per share by the third year, excluding about $125 million-$140 million of restructuring and other deal-related costs, the company said. Stanley Black & Decker said it expects to finance the acquisition with a combination of cash and debt. JPMorgan acted as financial adviser to Newell Brands on the deal. (Reporting by Ankit Ajmera in Bengaluru; Editing by Sriraj Kalluvila)