Acquisition | featured news

Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years.

Pfizer Inc, the world's biggest drugmaker, has agreed to buy King Pharmaceuticals Inc for $3.6 billion, expanding its presence in the market for pain drugs.

Amazon.com has reached an agreement to buy the Spanish internet retailer BuyVip for around $96.5 million, a person close to the matter said.

The technology looks promising as it predicts what you wanna write even by not really paying attention to what you're typing lol...so Google scooped up the firm probably to add the technology in Android, let's hope at least they do.

AOL has been in talks to acquire technology blog TechCrunch, according to a person familiar with the matter.

Southwest Airlines will purchase AirTran Holdings for $1.04 billion in cash and stock in a deal that will allow Southwest to expand its presence in major East Coast markets.

Wal-Mart Stores is offering to buy South African retailer Massmart Holdings for approximately $4.25 billion.

A group of lenders once again came out on top in the auction for the publisher of Philadelphia's two major daily newspapers, winning with a cash bid of $105 million and besting a rival group led by local philanthropist Raymond Perelman.

Video ad network VideoEgg has announced that it has agreed to acquire blogging pioneer Six Apart, the company behind TypePad and Movable Type. As part of the acquisition, both companies will drop their names and be renamed SAY Media.

Hertz Global Holdings agreed on Sunday to raise its takeover offer for the Dollar Thrifty Automotive Group to about $1.4 billion in stock and cash, trumping a rival offer from the Avis Budget Group.