Mergers and Acquisitions

Connecticut's reputation has taken another major blow with the announcement that United Technologies Corp. will be moving its headquarters to Massachusetts as part of its planned merger with Raytheon.

Raytheon Co. and United Technologies Corp. are merging in a deal that creates one of the world's largest defense companies.

Chrylser is trying to turnaround its business in China, while Renault is dealing with the fallout of the Carlos Ghosn scandal.

The acquisition is expected to close in the third quarter of 2019.

The Dow Jones Industrial Average has now been up six days, it's longest winning streak in 13 months.

People with direct knowledge of the matter say the CBS board will take up the issue of the merger at the Friday meeting and may disclose details of the talks in its aftermath.

The new company will be named Raytheon Technologies Corporation.

A judge has denied the DuPont Co.'s request to approve an appeal to Delaware's Supreme Court of an order directing the unsealing of a complaint filed against the company by chemical manufacturer Chemours.

The beleaguered bookseller Barnes & Noble is being acquired by a hedge fund for $476 million.

Elliott Management Corp., is reportedly the top contender to purchase Barnes & Noble and the two sides appeared to be approaching an agreement.

Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks.

A French government official says Fiat Chrysler is at fault for the collapse of a potential industry-changing merger with Renault because the carmaker pushed too hard and too fast.

This marks the first major transaction of new CEO Thomas Kurian, a former Oracle executive.

The French carmaker's longstanding partnership with Nissan was reportedly a point of contention in the talks.

Shari Redstone could be on the verge of creating and heading a combined CBS and Viacom.