Mergers and Acquisitions

US Sues to Block Halliburton-Baker Hughes Merger

Justice Department sues to stop Halliburton from merging with Baker Hughes, a deal that would combine the No. 2 and No. 3 oil services companies. Halliburton said it would 'vigorously contest' the lawsuit.

U.S. Prepares Suit to Block Halliburton-Baker Hughes Deal

The Justice Department is preparing to file a lawsuit to block a proposed merger between Halliburton Co. and Baker Hughes Inc., the most recent sign that a takeover boom is meeting resistance from U.S. regulators and antitrust enforcers.

Pfizer Terminates Proposed Allergan Takeover

U.S. drugmaker Pfizer and Ireland-based Allergan formally announced the scrapping of their $160 billion merger on Wednesday, in a big win for President Barack Obama who has been pushing to curb tax-slashing "inversion" deals.

U.S. to Challenge Halliburton Deal

The Justice Department is preparing to file a lawsuit to block a proposed merger between Halliburton and Baker Hughes, the most recent sign that a takeover boom is meeting resistance from U.S. regulators and antitrust enforcers.

China's Anbang Ups Offer for Starwood to $14B

China's Anbang Insurance Group Co has raised its offer for Starwood Hotels & Resorts Worldwide Inc to almost $14 billion, in its latest challenge to the U.S. hotel operator's merger with Marriott International Inc.

Rpt: TiVo in Talks to be Bought by Rovi

Set-top box maker TiVo is in advanced talks to sell itself to digital entertainment guide provider Rovi, the New York Times reported on Thursday, citing people briefed on the talks.

Starwood Inclined to Go With Improved Anbang Bid

Starwood (HOT) has deemed a raised $78/share, or $13.2B, buyout offer from a Chinese group led by Anbang Insurance to be superior to the largely stock deal the hotelier reached in November with rival Marriott (MAR).