Medtronic adjusts $43B Covidien acquisition in response to federal rules on overseas deals
Medical device maker Medtronic is switching to $16 billion in financing to complete its purchase of Ireland-based competitor Covidien a few weeks after federal regulators issued rules designed to curb overseas acquisitions that cut tax U.S. tax bills.
Salix Pharma scuttles overseas merger with Cosmo Technologies, citing 'political environment'
Salix Pharmaceuticals is scrapping its merger with the subsidiary of an Italian drugmaker after the U.S. created new limitations on the tax benefits of incorporating overseas.
Constellium buying aluminum sheet producer Wise Metals for $455 million in cash
Constellium is buying the U.S. aluminum company Wise Metals for $455 million in cash, giving the Dutch manufacturer more exposure to the big North American market.
Philadelphia Archdiocese sells properties for $56 million to help shore up finances, pensions
The Roman Catholic Archdiocese of Philadelphia has sold three parcels of land for more than $56 million in an effort to shore up its finances, church officials announced Thursday.
Dow Chemical wants to sell 3 more businesses for more than $2 billion in proceeds
Dow Chemical is looking to sell three more of its businesses for more than $2 billion in proceeds as it continues to try to shed non-core assets.
Sears to raise $380 million through sale of most of its stake in Canadian unit
Sears, sorely in need of cash, is selling most of its stake in its Canadian unit to raise as much as $380 million through a rights offering.
Berkshire Hathaway buying auto dealership company Van Tuyl Group; terms not disclosed
Warren Buffett's Berkshire Hathaway is buying the privately-owned auto dealership company Van Tuyl Group.
Sears to raise $380M through sale of most of its stake in Canadian unit
Sears, sorely in need of cash, is selling most of its stake in its Canadian unit to raise as much as $380 million.
RCS Capital to buy subsidiary of American Realty Capital Properties for at least $700 million
RCS Capital Corp. said Wednesday that it is buying a subsidiary of American Realty Capital Properties Inc. that invests in commercial real estate for at least $700 million.
Johnson & Johnson buying Alios BioPharma for $1.75 billion
Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion.
Murphy Oil says it will sell 30 percent of Malaysian assets to Petamina for $2B
Energy exploration and production company Murphy Oil said Tuesday it will sell some of its oil and gas assets in Malaysia for $2 billion.
Bagel baron Einstein Noah sold for $364.5 million to JAB Holding
The owner of Einstein Bros.
Chiquita, Fyffes adjust merger terms to give shareholders in US company a bigger stake
Changes to the proposed merger agreement between Chiquita and the Irish fruit company Fyffes will give Chiquita shareholders a larger stake in what would become the world's largest banana supplier.
Texas-based company to buy Hawaii gas stations, stores for $240 million; workers to remain
Hawaii's largest independent gasoline operator is being sold to a Texas company for $240 million.
PharMerica raises net income and revenue outlook after acquisitions; sues AmerisourceBergen
Pharmacy operator PharMerica raised its annual forecasts Wednesday, citing favorable business trends and a recent acquisition.
GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit
General Electric, a household name for more than a century in part for making households easier to run, is leaving the home.
Global Cash Access to buy Multimedia Games for $1.2 billion
Global Cash Access Holdings is getting into the casino gaming business, spending about $1.2 billion to buy Multimedia Games Holdings.
Electrolux to buy appliance division of General Electric in $3.3 billion deal
Sweden's Electrolux says it is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market.
Global Cash Access to Buy Multimedia Games for $1.2B
Global Cash Access Holdings Inc, which provides cash services to casinos, said it would buy slot machine maker Multimedia Games Holding Co Inc for about $1.
Diversified chemical company FMC buying Danish insecticide company Cheminova for $1.8B
FMC is buying a Danish insecticide company for $1.8 billion.