Ingersoll-Rand to buy Cameron's compression business unit for $850 million
Ingersoll-Rand PLC said Monday that it has agreed to buy the centrifugal compression business from Cameron International Corp. for $850 million, as it looks to grow its compression business.
Three-wheeled Elio, a $6,800 commuter car, is closer to going on sale
Your next commuter car might have two seats, three wheels and get 84 miles to the gallon.
Coca-Cola to pay $2.15 billion for nearly 17 percent stake in Monster Beverage
Coca-Cola Co. will acquire a 16.7 percent stake in Monster Beverage Corp. for $2.15 billion as part of an effort to boost growth.
GE confirms talks with Electrolux, others for sale of appliance division
General Electric confirmed that it is considering the sale of its historic appliance division as part of its effort to focus on selling more complex and more profitable industrial equipment.
Chiquita rejects $611 million takeover offer, will focus on combining with Fyffes of Ireland
Banana distributor Chiquita Brands says it is rejecting the $611 million buyout offer from investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group.
Hertz delays filing of 2Q financial results due to ongoing review of accounting errors
Hertz is delaying filing its second-quarter financial results because of its ongoing review of some accounting errors.
Hachette Book Group calls off deal to buy Perseus Book Group's publishing division
Hachette Book Group said Thursday it has scrapped its proposed three-way deal that would have had it buying the publishing division of the Perseus Book Group, while selling Perseus' client-service business to leading distributor Ingram Content Group.
Allergan Responds to Calls for Shareholder Meeting
Calls for a special meeting of Allergan shareholders to discuss a hostile takeover bid by rival drugmaker Valeant don't change the fact that the buyout offer is "grossly inadequate," Allergan said Wednesday.
Offshore drilling contractor Noble completes spinoff of Paragon Offshore
Offshore drilling contractor Noble Corp. has completed the spinoff of Paragon Offshore PLC, owner of most of its standard specification drilling business.
Scientific Games strikes $3.3-billion cash deal to buy slot machine maker Bally Technologies
Scientific Games says it will pay about $3.3 billion to buy slot machine maker Bally Technologies in a cash deal that expands its casino management system portfolio.
Oversight official: Concerns about Ohio prison food are real; maggots in food among complaints
Concerns about the job a private vendor is doing feeding inmates in Ohio prisons are real, the head of a state prisons oversight committee said Wednesday.
Waste Management selling Wheelabrator Technologies to Energy Capital Partners for $1.94B
Waste Management is selling a subsidiary to Energy Capital Partners for $1.94 billion as part of its effort to focus on its core business.
Duke Energy agrees to buy $1.2 billion in ElectriCities generating capacity, reducing debt
Duke Energy Progress has agreed to purchase the generating capacity of ElectriCities in a $1.2 billion deal expected to translate into lower power bills for thousands of eastern North Carolina residents.
Tyson to sell Mexico, Brazil poultry operations for $575 million in cash
Tyson Foods says it will sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt tied to its acquisition of Hillshire Brands.
Duke Energy agrees to buy $1.2 billion in ElectriCities generating capacity, reducing debt
Duke Energy Progress has agreed to purchase the generating capacity of ElectriCities in a $1.2 billion deal expected to translate into lower power bills for thousands of eastern North Carolina residents.
Breitburn Energy Partners buying QR Energy in a deal worth about $1.46 billion
Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion.
GateHouse Media parent announces $46M cash deal to buy Providence Journal from AH Belo Corp.
The parent company of Gatehouse Media has announced an agreement to buy The Providence Journal and related print and digital assets from A.H.
Drugmaker Allergan to cut 1,500 employees, eliminate vacancies as part of restructuring push
Botox-maker Allergan says it is cutting about 13 percent of its workforce, or roughly 1,500 employees, as part of a push to become more efficient and productive.
Canadian firm buying PBS Coals Inc., merging it with another southwestern Pennsylvania company
A Canadian company is buying PBS Coals Inc. and plans to merge it with another subsidiary the Canadian company already has in southwestern Pennsylvania.
AbbVie, Shire agree on approx $55 billion combination, will form new UK incorporated company
U.S. drugmaker AbbVie has finally reached an agreement valued at around $55 billion to combine with Shire after its British counterpart rebuffed several takeover attempts.