Acquisition | featured news

Comcast Corp has completed its takeover of NBC Universal, creating a $30 billion media behemoth that controls not just how television shows and movies are made but how they are delivered to people's homes.

Reports say regulators are on the verge of approving purchase of 51% stake in media giant from General Electric.

General Electric Co. is buying privately held Lineage Power Holdings Inc. in a deal worth about $520 million so its energy unit can gain a foothold in the power conversion space.

Shares in oil major BP hit a six-month high on Tuesday after The Daily Mail newspaper reported rival Royal Dutch Shell had considered a takeover bid during the Gulf of Mexico oil spill.

CVS Caremark Corp. says it will pay $1.25 billion to Universal American Corp. for its Medicare prescription drug services unit.

The head of the Federal Communications Commission proposed regulatory conditions Thursday to ensure that cable giant Comcast Corp. cannot stifle video competition once it takes control of NBC Universal....

Walt Disney Co.'s $660 million sale of Miramax Films to a group of investors closed Friday, finally ending the drama in which the entertainment giant struggled to find a buyer for the art-house studio.

US food manufacturer Del Monte is set to be bought up by private equity fund Kohlberg Kravis Roberts for $5.3bn.

Wells Fargo agreed to pay $100 million to Citigroup to settle all claims related to its $15-billion deal to acquire Wachovia in the midst of the financial crisis.

By purchasing the company, Microsoft will have access to chips that, when combined with a digital camera, allow things like cars, toys and computers to perceive the world in three dimensions.