Mergers and Acquisitions

Ohio on Tuesday renewed a contract to feed the state's 50,000 prison inmates with a company whose early troubles getting the job done led to criticism over privatizing the service.

Office Depot shareholders have voted overwhelmingly in favor of the company's $6.3 billion acquisition by one-time rival Staples.

Portugal's government says it is granting Spain's Grupo Avanza the concession to operate Lisbon's subway and bus companies, which are publicly owned.

Sequential Brands Group Inc, a brand management and licensing company, is nearing a deal to buy Martha Stewart Living Omnimedia Inc (NYSE:MSO), the Wall Street Journal reported.

Mylan's biggest shareholder is backing the generic drugmaker's plan to remain a stand-alone company as it fights a takeover bid from larger rival Teva Pharmaceutical.

MGM Resorts says that the will of billionaire Kirk Kerkorian, who died Monday at age 98, orders his investment company to sell its stake in the hotel and casino operator.

German retail and wholesale group Metro AG is selling its department store business in Germany and Belgium to Canadian retailer Hudson's Bay for just over 2.8 billion euros (around $3.2 billion).

State regulators in Minnesota have approved a $9 billion transaction that combines Wisconsin Energy Corp. and Integrys Energy Group Inc., leaving Illinois as the last state needed to approve the deal.

Henkel & Co KGaA AG and Coty Inc, both of which have personal care and cosmetics businesses, made binding offers to buy separate parts of Procter & Gamble Co's beauty businesses worth up to a total of $12 billion, according to people familiar with the matter.