Mergers and Acquisitions

Spain arrests 4, seizes 115 properties in Venezuelan probe

Spanish police have arrested a former Venezuelan official and an exiled opposition leader's relative and seized more than 115 properties in a money-laundering investigation into a ring that allegedly bought real estate in Spain with illicit funds from Venezuela.

Sears Holdings, DSW fall; Esterline, Imperva rise

Stocks that moved substantially or traded heavily Wednesday: Sears Holdings Corp., down 10 cents to 49 cents The Wall Street Journal reported that the struggling retailer was preparing a bankruptcy filing.

Company behind Jim Beam announces leadership transition

The executive who guided classic American whiskeys Jim Beam and Maker's Mark through the transition of being acquired by a Japanese company four years ago has announced he'll step down as CEO of spirits company Beam Suntory next spring.