Mergers and Acquisitions

Shareholders of troubled SC utility approve merger plan

Shareholders of SCANA agreed Tuesday to sell the South Carolina utility to Virginia-based Dominion Energy, which has agreed to swallow billions of dollars in debt from the company's failed nuclear construction project and other operations.

China: Qualcomm failed to resolve anti-monopoly worries

China's government says tech giant Qualcomm Inc. failed to resolve anti-monopoly regulators' concerns about its proposed takeover of NXP Semiconductors in a case seen as a possible casualty of U.S.-Chinese trade tensions.