Mergers and Acquisitions

The move would create a drugstore giant at a time when companies in nearly every corner of the health-care industry are seeking to gain advantage from bulking up.

Brewer SABMiller is said to have rejected an informal takeover offer from ABInBev as too low, a Bloomberg report citing people familiar with the matter said.

Petco Holdings Inc is exploring the possibility of being acquired by PetSmart Inc, according to people familiar with the matter, in a merger that could create a company that accounts for 30 percent of U.S. pet specialty supplies stores.

China's official news agency says Chinese companies have agreed with Boeing to buy 300 jets and build an aircraft final assembly plant in China in deals signed during President Xi Jinping's visit to the United States.

Perrigo urged shareholders to reject Mylan's $27 billion hostile takeover offer, saying it undervalues the company.

TV station owner Gray Television Inc. said Friday it agreed to buy Schurz Communications Inc.'s TV and radio stations for $442.5 million.

Shares of Gilead Sciences rose Thursday after the hepatitis C drugmaker said it will issue $10 billion in debt, leading to speculation that it may be getting ready to make a big acquisition.

A group led by past and current Republican officeholders has launched an effort in some presidential battleground states to place measures on the 2016 ballot that seek to prohibit public investments in certain companies doing business in Iran.

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Meredith Corp., up $4.53 to $50.47 The TV station owner and publisher of Parents magazine is being bought by TV station owner Media General Inc. for $2.4 billion.