Mergers and Acquisitions

Broadcom Chief Executive Hock Tan has been focused on diversifying beyond the company’s core chip business and pushing into the lucrative software arena.

Dyal Capital is nearing a deal to make an investment in the Sacramento Kings National Basketball Association team, according to people familiar with the matter, as the firm works to assemble a portfolio of stakes across the league.

U.S. stock markets surged to record highs Friday as investors looked past promises from the Biden administration to crack down on what it deems as anti-competitive practices by banks, Big Tech and other industries.

Stamps.com is being taken private by in a $6.6 billion transaction, the company said on Friday.

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.

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.

U.S. equity markets battled higher Thursday and oil hit its highest level in almost three years as the second half of the year got underway.

Efforts to defend Duke Energy from a proxy campaign led by billionaire Paul Singer have recently taken two quiet steps backwards.

Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC.

Shapewear giant Spanx has reportedly put out feelers over the prospect of selling, according to a report from The New York Times.

The Federal Trade Commission on Friday ordered 7-Eleven to sell over 200 retail outlets following its $21 billion acquisition of the Speedway fuel chain from Marathon Petroleum.

The Federal Trade Commission will be the agency to review Amazon. com Inc.’s proposed acquisition of Hollywood studio MGM, according to people familiar with the matter, just as the commission gets a new chairwoman who has been critical of the online giant’s expansion.

Billionaire hedge fund manager Bill Ackman has agreed to buy 10% of Universal Music Group for about $4 billion.

U.S. equity markets were pressured Friday as the Fed signaled rate hikes could come as early as next year.

Private-equity firm Platinum Equity has struck a deal to buy McGraw Hill from Apollo Global Management Inc., according to people familiar with the matter.

Brazil's digital bank operator Nu Pagamentos SA said Berkshire Hathaway Inc.