Mergers and Acquisitions

Nasdaq drives third day of stock gains

U.S. stock markets ticked higher Thursday as investors weighed an unexpected increase in first-time jobless filings against a flurry of mostly better-than-expected earnings reports.

Dow rebounds after worst day in 8 months

FOX Business' Stuart Varney, Lauren Simonetti, Nicholas Wealth Management president and founder David Nicholas and Key Advisors Group, LLC co-owner Eddie Ghabour break down Tuesday’s market open, space stocks and the reopening trade. 

Bill Ackman drops SPAC plan for Universal Music deal

Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities and Exchange Commission wasn’t convinced the deal met the rules for such vehicles.

ViacomCBS chief Bakish blocked again from major media mogul meeting

Fox Business has learned that ViacomCBS CEO Bob Bakish once again won’t be attending the investment bank’s annual “summer camp for billionaires” in Sun Valley where the rich and famous in the world of the media and finance think big thoughts and at times lay the groundwork for potential deal making.

Cash-laden companies are on a mergers and acquisitions spree

Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.