Shares of security systems and services giant ADT flex some muscle after the company says it is selling off its "capital intensive" Canadian operations to Canadian telecommunications giant Telus for some $500 million (C$700 million) in cash.
Emerson Electric is embarking on a review of its 'operational, capital allocation and portfolio initiatives' - confirmation the company is exploring a potential breakup and sale as a way to boost shareholder value.
The investors plan activities that may include making proposals regarding the company's business, management, strategic alternatives, capital structure and corporate governance, an SEC filing says.
Dova Pharmaceuticals agrees to be acquired by Swedish Orphan Biovitrum for more than $900 million.
Private-equity giant Blackstone is furthering its bet on the continued growth of e-commerce - and the need for warehouses to store goods consumers buy online - with the purchase of a portfolio of industrial warehouses from Colony Capital for $5.9 billion.