Mergers and Acquisitions

Berkshire Hathaway's media unit is selling its marketing company to a Wisconsin group, so it can focus more on its newspapers.

American Airlines and US Airways will combine their frequent flier programs early next year and, for now, will continue to base free flights on how many miles customers fly.

Canadian drugmaker Valeant Pharmaceuticals International Inc. says it will raise its offer for Botox maker Allergan Inc. to $200 or more per share.

Australian drugmaker CSL Ltd. said Monday it will buy Novartis' flu vaccine business for $275 million.

Chiquita Brands International Inc. has agreed to sell itself to two Brazilian companies for approximately $681 million, just days after the fresh produce company's shareholders rejected plans to merge with Irish fruit importer Fyffes.

AT&T Inc. said Friday that it has completed its $2 billion sale of its Connecticut wireline business, fiber network, video and satellite business to Frontier Communications Corp.

Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world's largest banana supplier.

Alcoa is selling its stake in a South Carolina aluminum smelter to Century Aluminum Co. for $67.5 million.

Norfolk Southern Corp.'s CEO doesn't think railroad mergers are a good idea even if regulators might approve one.

Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million.

Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.

AbbVie is walking away from its proposed $55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a $1.64 billion breakup fee.

Sears is looking to raise more cash, announcing that it is planning a rights offering that may raise up to $625 million.

E-commerce site eBay Inc. said Monday that venture capitalist Marc Andreessen has resigned from its board, less than a month after the company announced a spinoff of its PayPal payments business.

After being rejected earlier this month, Mitel Networks Corp. publicity announced its $540 million offer to buy rival business communications company ShoreTel Inc.

An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion.

The $72.8 million sale of Montana's Mountain West Bank to First Interstate Bank closes Friday.

Eagle Materials is moving further into the energy sector by buying a company that sells an ingredient crucial to the hydraulic fracturing techniques now widely used to extract oil and natural gas.

Energy West Inc. is selling its subsidiary, Energy West Wyoming Inc. to Black Hills Corp. for $17 million.

Two Brazilian companies are raising their bid for banana company Chiquita to approximately $658 million.