Mergers and Acquisitions

GE sells biopharma unit for $21 billion

General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as the industrial giant continues to shed pieces of itself.

Democrats question pledges in $26.5B T-Mobile-Sprint deal

With their $26.5 billion merger hanging in the balance, top executives of T-Mobile and Sprint are taking their case to Congress, arguing that joining their companies won't hurt competition or jack up consumer prices for wireless service.