Mergers and Acquisitions

Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock.

After years of plunging sales and declining store traffic, Sears filed for Chapter 11 bankruptcy last October.

The Justice Department filed its lawsuit to stop the deal in November 2017.

Global port operator DP World says it has acquired Danish logistics firm Unifeeder for $748 million, about 660 million euros, helping the Dubai-owned company expand its foothold through the largest feeder and shortsea network in Europe.

While some powerful European Union governments are uneasy about China possibly capturing control of the bloc's critical energy and transport infrastructure, one of western Europe's smallest economies is grabbing the opportunity with both hands.

Cronos said no agreement had been reached with respect to any transaction.

Qualcomm walked away from its agreement to buy NXP in July.

Shares of Tesaro soared early Monday after GlaxoSmithKline said it would pay about $5.1 billion in cash to buy the cancer drugmaker.

Glaxo plans to pay $75 per share for Tesaro.

The deal increases the consumer goods giant's footprint in one the world's fastest-growing economies

Nexstar said it would pay $46.50 per share.

The Chilean Stock Exchange said the shares would be offered in a single block.

Speculation about a possible merger has continued despite the bank's dismissal in September of reports that it could consider tie-ups with Switzerland's UBS or German peer Commerzbank.

A major coal mine expansion in southeastern Montana received a preliminary green light from state and federal officials on Friday even as the mine's owner remains tied up in bankruptcy proceedings with plans to sell the property.

Mic laid off most of its editorial staff ahead of the sale.

Lyft has completed its acquisition of Motivate, the nation's largest bike-sharing company.

Iran's navy has acquired two new mini submarines designed for operations in shallow waters such as the Persian Gulf, the Iranian state TV reported on Thursday.

Digital rights issues throw curve ball into sale of regional sports networks.

CVS expects the deal to save as much as $750 million over the course of two years.