Mergers and Acquisitions

AOL shopped its Patch news service for more than a year to various media companies before reaching a deal with private equity firm Hale Global, the FOX Business Network has learned.

Jos. A. Bank said its board rejected a $1.6 billion hostile takeover bid from Men’s Wearhouse, continuing the tug-of-war between the two suit sellers.

Charter reportedly renewed talks with Comcast this week over the possibility of making a joint bid to acquire Time Warner Cable, which has rejected several offers from Charter.

Eminence Capital plans to nominate two people to Jos. A. Bank’s board, as the shareholder continues its push for a deal between the suit seller and rival Men’s Wearhouse.

Google agreed to buy intelligent home appliance startup Nest Labs for $3.2 billion in cash late Monday.

Charter sent a letter to Time Warner Cable on Monday, urging merger talks between the two cable heavyweights.

American Airlines and US Airways are now allowing travelers to book on each other’s networks for flights starting Jan. 23.

McKesson didn’t receive the required shareholder support in its attempt to purchase German drug and pharmacy giant Celesio, less than a week after boosting its offer.

Eminence Capital, Men’s Wearhouse’s largest shareholder, is backing the suit seller’s hostile bid to acquire rival Jos. A. Bank, putting pressure on the dueling retailers to reach a deal.

Merger talks between Discovery Communications and Scripps Networks reportedly ended last week without an offer being made.

Juniper Networks' activist investor Elliott Management urged the network equipment maker to buy back shares and streamline its business.

In a bid to create the world's third-largest maker of distilled drinks, Suntory Holdings plans to buy Beam for $13.6 billion.

In the wake of Fiat's deal to take full control of Chrysler, S&P upgraded the U.S. auto maker's credit rating to 'BB-' from 'B+.' 

CEO Sergio Marchionne said the Italian car maker plans to adopt a new name and pursue a second stock listing after merging with Chrysler.

The oil and gas company  plans to spin off its gas station business, adding to the list of assets sold after a campaign by activist investor Elliott Management.

Pharmaceutical company Forest Labs inked a $2.9 billion all-cash deal to acquire privately held drug maker Aptalis.

The acquisition of Morta Security drove shares of Palo Alto Networks 5% higher and represents the latest deal in the hot cyber security sector.

Men’s Wearhouse launched a hostile bid to acquire Jos. A. Bank Clothiers for roughly $1.6 billion, raising its initial offer to continue the retailers’ back-and-forth takeover battle.

Shares of Groupon traded in the red on Friday after it announced that rival LivingSocial will sell all 13.8 million of the Groupon shares it owns.

As high-profile cyber attacks continue to slam corporate America, FireEye revealed a $1 billion deal to acquire rival cyber security firm Mandiant.