Mergers and Acquisitions

Intel nears roughly $6B deal to buy Tower Semiconductor

Intel Corp. is close to a deal to buy Israeli chip company Tower Semiconductor Ltd. for nearly $6 billion, according to people familiar with the matter, bolstering a plan to make more chips for other companies.

Cisco made $20 billion-plus takeover offer for Splunk

Cisco Systems Inc. has made a takeover offer worth more than $20 billion for software maker Splunk Inc., according to people familiar with the matter, in what would be the networking giant's biggest acquisition ever.

Cedar Fair reviewing SeaWorld's unsolicited offer

Cedar Fair noted in a press release on Tuesday that it is consulting with its financial and legal advisers, Perella Weinberg Partners L.P. and Weil, Gotshal & Manges, to determine the best course of action in the interest of its shareholders.

Elliott and Vista near deal to buy Citrix Systems

Cloud-computing company Citrix Systems Inc. is close to a roughly $13 billion deal to go private, continuing a spate of big leveraged buyouts that are powering record private-equity activity.