US brings antitrust lawsuit in NYC to block merger of 2 largest cinema advertising networks
The Justice Department is asking a federal court in New York to block the planned merger of the nation's only two large movie house advertising companies.
Avis Budget Group pays $210 million to acquire major licensee
The Avis Budget Group is acquiring a Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost of its vehicle fleet.
Lorillard CEO to get $44M-plus after $25B takeover by rival cigarette maker Reynolds American
Regulatory filings show the CEO of Newport cigarette maker Lorillard Inc. is set to receive more than $44 million following the planned $25 billion merger with Reynolds American Inc.
Shire: AbbVie should proceed with $55 billion combination of the 2 drugmakers
The drugmaker Shire wants AbbVie to stick with its roughly $55 billion acquisition bid, and it is reminding its U.S. counterpart of the hefty breakup fee it will receive if things don't work out.
Companies adjust to latest rules aimed at curbing overseas deals that cut their US tax bills
New government rules aimed at curbing overseas deals that cut corporate taxes appear to be working, just not entirely the way regulators intended.
Ohio to high court: Using budget bill to privatize prisons no violation of single-subject rule
State lawyers tell the Ohio Supreme Court that using a budget bill to privatize state prisons didn't violate a constitutional provision holding bills to a single subject.
Conflicting laws, shady penny stocks, wild health claims cloud market; pot for your privates?
Legal or not, the business of selling weed in the U.S. is as wacky as ever.
Minnesota Senate hopeful defends firm's role in merger that led US company to Ireland
Years before Burger King sized up a Canadian headquarters in a hunt for lower taxes, Republican U.S. Senate candidate Mike McFadden's investment firm was involved in a merger that moved an American pharmaceutical company to Ireland and significantly dropped its tax rate.
Bruger King and Tim Hortons discussing combining companies with headquarters in Canada
Burger King is in talks to buy Tim Hortons and form a new publicly listed company that would be based in Canada.
Drugstore chain Walgreen declines to pursue overseas reorganization to trim tax bill
Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization of the company that would have trimmed the amount of U.S. taxes it pays.
New York probes $86M sale of insurance subsidiary by largest holder of troubled mortgages
New York's top financial regulator is investigating whether the nation's largest overseer of troubled mortgages, Ocwen Financial Corp., is overcharging struggling homeowners on insurance.
Some subprime-mortgage servicers may be trying to skirt new rules on insurance commissions
One of the country's largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn't appear to exist.
Dubai Financial Market suspends trading of Arabtec shares amid reports of deal
The Dubai Financial Market says it has suspended trading shares of Arabtec, Dubai's largest construction company, pending clarification of media reports about strategic partners' stakes in the firm.
Cigarette maker Reynolds to buy Lorillard in $25B deal; to sell some brands
Cigarette maker Reynolds American Inc. is planning to buy rival Lorillard Inc. for about $25 billion in a deal to combine two of the nation's oldest and biggest tobacco companies.
Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2
Cigarette makers Reynolds American Inc. and Lorillard Inc. say they are in talks of a possible merger that would combine two of the nation's biggest tobacco companies.
U.S. Government Would Approve 'Security' Director at Sprint Amid Security Jitters
SoftBank would appoint a 'security director' to Sprint Nextel's board if its takeover bid succeeds and would give the U.S. government the right to approve the nominee.
Can AB InBev, SABMiller Squash Antitrust Hurdles?
Anheuser-Busch InBev and SABMiller, the two largest beer makers in the world, want to merge. The biggest question is whether regulators will let them.
Yahoo's spinoff of Alibaba stake in 'uncharted territory' after IRS waffles on tax-free status
A crucial deal for Yahoo has hit a snag after the IRS refused to bless the Internet company's proposed spinoff of its $23 billion stake in Alibaba Group as a tax-free transaction.
Samsung vote pits South Korea's richest family against small shareholders, foreign funds
A vote on combining companies in the Samsung empire is pitting South Korea's richest family against small shareholders and foreign investors.
US hedge fund galvanizes Korean shareholders to pressure Samsung, South Korea's richest family
Thousands of South Korean investors are backing an American hedge fund's bid to thwart a business combination between Samsung companies that they argue will only enrich the country's wealthiest family.

