Mergers and Acquisitions

Daimler AG says it will spend about $500 million and create 1,300 jobs with a new plant near Charleston that will build its Sprinter vans.

A power plant at the heart of two failed deals to sell Atlantic City's former Revel casino wants a bankruptcy court judge to cancel the latest proposed sale and appoint a trustee to liquidate the property instead.

Months after he landed in Florida's Manatee County Jail, Jovon Frazier's pleas for treatment of the intense pain that radiated from his left shoulder to his elbow were met mostly with Tylenol.

Tennessee-based Verso Paper Corp. has announced the completion of its acquisition of its larger rival NewPage Holdings in a $1.4 billion deal.

Tribune Media sold a 60-acre parcel of land where the printing facility for the Baltimore Sun is located for $46.5 million.

Legislators in the U.S. Virgin Islands have rejected a proposal to sell the former Hovensa oil refinery in St. Croix.

Thai Union Frozen Products is acquiring Bumble Bee Seafoods, a major seller of canned tuna in the United States, for $1.5 billion.

A union representing some workers at the 84-year-old Verso Paper mill has filed a federal lawsuit to halt the sale of the facility.

This year's flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine.

Actavis is paying $66 billion to buy fellow drugmaker Allergan in a deal that could finally end a months-long takeover battle waged by Valeant Pharmaceuticals for the Botox maker.

The U.S. Virgin Islands' governor says the owners of the former Hovensa oil refinery in St. Croix have found a buyer.

Freeport-McMoRan Inc. is selling 80 percent of its stake in a copper and gold mine in Chile for at least $1.8 billion.

Chevron Phillips Chemical is selling its high-performance engineering polymer business for $220 million.

An Australian mining company has offered to purchase a controlling share of Tintina Resources Inc., the company that proposes a copper mine in central Montana.

A Cedar Rapids-based company that provides fundraising and enrollment management services to colleges and universities announced Thursday the acquisition of a company that specializes in higher education consulting and research.

Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion.

Maggots in food, staffing shortages and reports of running out of foods are among new complaints facing the vendor that won the contract to feed Ohio inmates.

Apple's online music subscription service is losing a key player as millions of listeners near the end of a free three-month trial period that has drawn mixed reviews.

Sony will spin off its video-and-sound business into a separate company and shrink its headquarters as part of a three-year turnaround plan.

Leading China taxi apps Didi Dache and Kuaidi Dache plan to merge, creating a new challenge for Uber Technologies Ltd.'s global expansion.