Mergers and Acquisitions

UK government does not intend to block Comcast-Sky deal

Britain's government says it does not intend to refer U.S. media conglomerate Comcast's 22 billion pound ($30.7 billion) takeover offer for London-based Sky to competition authorities, saying the proposed merger doesn't raise concerns on public interest grounds.

Blackstone to buy LaSalle Hotel for $3.7B

The deal values LaSalle at $33.50 per share compared with Pebblebrook's offer price of $31.75 per share and represents a premium of 5 percent to LaSalle's closing price on Friday.