Mergers and Acquisitions

U.S. Steel has allegedly "sold off to the highest bidder to line their own pockets," according to local union presidents who now worry about their job security and livelihoods.

Allen Media Group, run by media mogul Byron Allen, offered to buy Paramount Global in a deal worth more than $14 billion after a prior offer extended last year was rebuffed.

Macy's rejected a $5.8 billion bid from Arkhouse Management Co. LP and partner Brigade Capital Management LP to acquire all outstanding shares of Macy's.

Spirit Airlines is looking at ways to deal with its financial challenges, including $1.1B in debt, after a federal judge blocked the merger deal between it and JetBlue Airways

A federal district court on Tuesday blocked JetBlue Airways' proposed $3.8 billion acquisition of budget carrier Spirit Airlines after the judge found the merger would hurt competition.

The U.S. drugmaker is turning to deals at a time when two of its top drugs, blood cancer treatment Revlimid and blood thinner Eliquis, face generic competition.

Karuna’s crown jewel, an experimental drug called KarXT, is the product of such new insights. The drug could surpass $6 billion in yearly sales if it is approved for the various uses.

The purchase of Shari Redstone’s stake in National Amusements and Paramount would make it easier for David Zaslav to start to absorb the media company.

The chief executives of Warner Bros. Discovery and Paramount Global reportedly recently got together to weigh the possibility of merging their media companies into one.

Tech giant IBM bolstering its investments in artificial intelligence, announcing Monday it plans to buy two units of Software AG for $2.33 billion cash.

U.S. Steel's shares suffered after several quarters of falling revenue and profit, making it an attractive target for rivals looking to add a maker of steel used by the auto industry.

La Colombe has been purchased by Chobani, the yogurt company revealed on Friday. The deal to pick up the coffee company had a value of $900 million.

A group of congressional Democrats wrote to the FTC calling for the agency to block the pending merger between Albertsons and Kroger over antitrust concerns.