Mergers and Acquisitions

Tribune Publishing Rejects Gannett's Latest Offer

Tribune Publishing on Monday rejected a sweetened takeover offer from Gannett, insisting its turnaround plan is better than Gannett's bid, and said a billionaire entrepreneur would take a $70 million stake in the company.

Gannett Raises Tribune Offer to About $864M

Gannett, the publisher of USA Today, raised its all-cash offer to buy Tribune Publishing to $15 per share from $12.25, valuing the publisher of the Chicago Tribune and the Los Angeles Times at about $864 million

The Collapse of Mega Mergers

Baker Hughes and Halliburto, two of the nation’s biggest oilfield services companies, announced they terminated their highly-contested merger deal after regulators in both the U.S. and Europe declined to give the tie up a green light.

Halliburton and Baker Hughes Scrap $28B Merger

Oilfield services provider Halliburton and smaller rival Baker Hughes announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators.

Abbott to Buy St. Jude Medical for $25B

Abbott Laboratories said it agreed to buy medical device maker St. Jude Medical for $25 billion to add heft to its heart and neurological devices business.