Mergers and Acquisitions

Four months after cinching a buyout deal with rival Marriott (NYSE:MAR), Starwood (NYSE:HOT) says it's received a nonbinding proposal from an unnamed "consortium of companies" at $76/share in cash, or $12.8B and versus MAR's largely stock deal initially valued at $12.2B but currently worth closer to $11B, or $65.38/share.

The recent surge in volatility could slow the U.S. economic recovery and that may create a new headache for the Federal Reserve. 

This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world.

This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world.

This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world.

GE is oh so close to becoming a growth industrial stock after years of being a stagnant one, now that the industrial giant ahead of schedule in jettisoning the bulk of GE Capital.

M&T Bank says its acquisition of Hudson City won't close until later next year as it struggles to address money laundering concerns raised by the Fed. 

Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements, to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.

The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis.

The Treasury Department on Thursday released new rules to restrain U.S. companies from putting their addresses in foreign countries to reduce their tax bills.

A deal to combine No. 2 U.S. office supply retailer Office Depot Inc with smaller rival OfficeMax Inc has won approval from the U.S. Federal Trade Commission, the companies said in a joint statement on Friday.

Despite the government's lawsuit, the merger can still be saved if the airlines agree to key concessions.  • Merger Good for the Industry?

The leaders of two major health insurers planning separate multi-billion dollar acquisitions made the case for the deals to Congress as senators questioned whether they would hurt competition and raise prices for consumers.

New Jersey is still waiting for the big lottery payoff.

Would a reduction from five health insurance giants to three trigger a flashing light for regulators concerned about industry competition? That's how many big companies could remain after the proposed combinations of Anthem with Cigna and Aetna with Humana, and experts say it would at a minimum bring close scrutiny of the deals.

A bill to allow private licensees to take over the state-controlled sale of wine and liquor in Pennsylvania is under construction by House and Senate Republicans, with votes possible in the coming days, an architect of the plan said Friday.

Health insurer Cigna has rejected a $47 billion offer to be acquired by its larger rival, Anthem.

Ralph Roberts, a businessman with a gentle demeanor who built Comcast from a small cable TV system in Mississippi into one of the nation's largest entertainment companies, has died.

Assurant Inc. says it will sell or shut down its health insurance division that has struggled financially since the introduction of the federal Affordable Care Act.