The car business faces a shift down the road as the car culture changes.
Spanish oil company Repsol lost a huge chunk of its proven reserves in a dispute with Argentina over YPF, a South American subsidiary.
Cable and satellite operators are driving consolidation in the industry right now.
On Friday, the publisher of Time, Sports Illustrated, People and Fortune will set out on its own, as Time Warner completes its spinoff. And Time isn't the only media company splitting apart.
Billionaire Bill Ackman has never been reluctant to blaze trails. Now he's considering listing his offshore fund in London, a move that would free him from the whims of wimpy investors.
Jeff Immelt and Ian Read took different approaches in their quests to acquire big targets in France and England, but ended up in similar situations. General Electric's CEO started by reaching a friendly agreement with Alstom's board. When French politicians found out, they jumped in to save the company from the Americans. Pfizer's chief began by courting British government officials. And when AstraZeneca's directors received Read's $100 billion offer — the biggest ever for a U.K. target — they dismissed it as too low. Both deals could still get done. For now, though, political and cultural issues dominate the debates. The merits of the mergers are secondary.
The resolution of LightSquared’s Chapter 11 battle will reverberate beyond the two protagonists, Charlie Ergen and Philip Falcone.
Activist investor Dan Loeb and famed auction house Sothebys are headed for a courtroom showdown. There's a hearing in the case just days before Sothebys' annual meeting, so the pressure is on.
Sprint chairman Masayoshi Son complains that U.S. mobile broadband service is too slow and says he could fix it if the government would just let him buy T-Mobile.
As voters in Scotland ponder a separation from the United Kingdom, the pace of energy M&A is quickening. But the activity masks some fundamental weaknesses