Mergers and Acquisitions

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.

Perella Weinberg Seeks Partner Amid M&A Slump

Investment bank Perella Weinberg Partners is in merger discussions with Tudor, Pickering, Holt & Co. in a deal that would reflect the dire conditions on Wall Street particularly among medium-sized banks, and the potential for new restructuring business arising from the shakeout in the U.S. energy industry, the FOX Business Network has learned.