British drinks group Diageo on Tuesday launched a bid for majority control of India's United Spirits that would value the company's entire share capital at $7.3 billion.
Until these overpriced stocks come down enough to attract acquirers, I think they'll cause real problems for the market.
The brewer's 40% holding in the South African hotel and casino group is worth more than $1 billion.
Twitter said on Tuesday it acquired Gnip, a longtime partner that evaluates social data, as the popular micro-blogging site seeks to bolster its analytic capabilities. The move is similar to other deals Twitter has cut within its ecosystem such as the 2011 acquisition of TweetDeck.
Sale to Zebra Technologies continues dismantling of Motorola Inc., which split its handset and cable box division in 2010.
Google's innovations can let the company grow faster than the online advertising market and into its $366 billion valuation, say StockTwits cashtaggers.
The current breed of activists engage in behavior that leaves companies "wounded" by pressuring them to sell profitable divisions, take on debt to pay generous dividends, and cut R&D.
Google didn't disclose a purchase price for Titan Aerospace, which currently has about 20 workers and will remain headquartered in New Mexico, according to the WSJ.
Asset management firm TIAA-Cref said Monday it would acquire Nuveen Investments LLC in a $6.25 billion cash and debt deal that would create a company with nearly $800 billion under management.
Glencore Xstrata plc said Sunday, April 13, it has agreed to sell its giant Peruvian copper project Las Bambas to a Chinese consortium lead by China Minmetals Corp. for $5.85 billion.
Twitter co-founders Jack Dorsey and Evan Williams, CEO Richard Costolo and early VC-investor Benchmark said on Monday they won't sell shares in the micro-blogging giant as a May 5 lockup looms.
Judged against restructuring Wall Street peers like Morgan Stanley, Citigroup's strong earnings indicate the bank may be losing ground in Corbat's second year on the job.
The U.S. Department of Justice and Federal Bureau of Investigation have opened a criminal investigation into multi-level supplements-seller Herbalife, Dan McCrum of the Financial Times reported on Friday afternoon.
Chiquita Brands International and Fyffes of Ireland are likely to face a tough time with antitrust regulators on both sides of the Atlantic in their $1.07 billion plan to create the world's leading banana company.
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.
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