IBM and Lenovo Deal Approved
IBM and Lenovo have been given clearance by the Committee on Foreign Investment in the U.S. (CFIUS) to complete the…
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Tag: M&A
Johnson & Johnson Acquires CLOSURE Medical
Johnson & Johnson and CLOSURE Medical announced a definitive agreement whereby CLOSURE Medical will be acquired in a cash-for- stock…
News Corp. Raises Fox Bid
News Corp. is increasing the exchange ratio in its previously announced exchange offer for all of the outstanding shares of…
Verizion Gives MCI Two Weeks
Verizon is giving MCI two weeks to make up its mind about merging with Qwest Communications.
Citigroup Sells International Business to Metlife
MetLife is buying Citigroup's Travelers Life & Annuity, and all of Citigroup's international insurance businesses for $11.5 billion.
GM and Fiat Mediation Process Ending
According to Reuters, "Fiat will not exercise an option to sell its car unit to General Motors for at least…
McData Accelerates Data Center Strategy
In a major acceleration of its Global Enterprise Data Center strategy, McDATA will acquire Computer Network Technology (CNT).
A New Standard for Korea First Bank
Standard Chartered is set to acquire Korea First Bank for $3.3 billion by the end of April.
CNOOC May Have Eyes for Unocal
Chinese oil and gas giant, CNOOC, is allegedly planning a $13 billion bid for the U.S. company, Unocal according to…
Sterling Commerce to Purchase Yantra
Sterling Commerce, has agreed to purchase Yantra Corporation for approximately $170 million in cash.
